Quarterly ResultMay 5, 2026, 04:43 PM
PhenixFIN Q1 EPS $0.57; NAV per Share $79.56
AI Summary
PhenixFIN Corp reported a net increase in net assets from operations of $1,132,768 for the three months ended March 31, 2026, resulting in diluted earnings per share of $0.57. However, for the six-month period, the company experienced a net decrease in net assets from operations of $(3,637,408) and diluted earnings per share of $(1.83). The Net Asset Value per common share declined to $79.56, and total net assets decreased to $153.8 million. The company also repurchased $3.3 million in common shares during the six-month period.
Key Highlights
- Net Asset Value per common share decreased to $79.56 as of March 31, 2026, from $80.24 as of September 30, 2025.
- Net increase in net assets from operations was $1,132,768 for the three months ended March 31, 2026.
- Net decrease in net assets from operations was $(3,637,408) for the six months ended March 31, 2026.
- Weighted average basic and diluted earnings per common share was $0.57 for the three months ended March 31, 2026.
- Weighted average basic and diluted earnings per common share was $(1.83) for the six months ended March 31, 2026.
- Total Net Assets decreased to $153,811,704 as of March 31, 2026, from $160,774,300 as of September 30, 2025.
- The company repurchased common shares totaling $3,325,188 during the six months ended March 31, 2026.