Quarterly ResultAug 5, 2026, 04:16 PM
PhenixFIN Q3 Net Assets from Operations Up to $4.22M; NAV $81.69
AI Summary
PhenixFIN Corp reported a significant improvement in its third-quarter fiscal year 2026 results, with net assets resulting from operations turning positive to $4.22 million, compared to a loss in the prior year. Net Asset Value Per Common Share also increased to $81.69. The company saw growth in total investment income and a reduction in total expenses, contributing to improved net investment income. Despite a decrease in cash and cash equivalents, the overall operational performance and shareholder value metrics showed positive trends.
Key Highlights
- Net assets from operations increased to $4.22 million for Q3 2026, up from a loss of $1.50 million in Q3 2025.
- Net Asset Value Per Common Share rose to $81.69 as of June 30, 2026, from $80.24 as of September 30, 2025.
- Total Investment Income for Q3 2026 was $6.45 million, compared to $6.16 million in Q3 2025.
- Total Expenses for Q3 2026 decreased to $4.38 million from $5.00 million in Q3 2025.
- Total Investments at fair value stood at $301.64 million as of June 30, 2026.
- Cash and cash equivalents were $2.18 million as of June 30, 2026.
- Weighted average basic and diluted EPS was $2.19 for Q3 2026, up from $(0.74) in Q3 2025.
- The company repurchased $3.36 million of common shares during the nine months ended June 30, 2026.
Price Impact
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