Core Viewpoint - PhenixFIN (PFX) has received a Zacks Rank 1 (Strong Buy) upgrade due to an upward trend in earnings estimates, indicating a positive earnings outlook that may lead to increased stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in a company's earnings picture, which is a significant factor influencing stock price movements [2][4]. - An increase in earnings estimates typically correlates with higher stock prices, as institutional investors adjust their valuations based on these estimates [4]. Recent Performance and Projections - PhenixFIN is projected to earn $3.71 per share for the fiscal year ending September 2025, reflecting a year-over-year increase of 59.9% [8]. - Over the past three months, the Zacks Consensus Estimate for PhenixFIN has risen by 5.1%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - PhenixFIN's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting strong potential for market-beating returns in the near term [10].

PhenixFIN (PFX) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 56.86%. A quarter ago, it was expected that this investment firm would post earnings of $1.15 per share when it actually produced earnings of $0.26, delivering a surprise of -77.39%.Over the last four quarters, the compan ...

or UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 31, 2024 | Delaware | 27-4576073 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | 445 Park Avenue, 10th Floor, New York, NY 10022 (Address of Principal Executive Offices) (Zip Code) (212) 859-0390 (Registrant's Telephone ...

[Financial Highlights](index=1&type=section&id=Highlights) PhenixFIN Corporation reported strong fiscal Q1 2025 results, with increased investment income, higher NAV per share, and a special dividend - CEO David Lorber stated the company had a great start to fiscal year 2025, focusing on strategic priorities like growing platforms, pursuing compelling investment opportunities, and increasing NAV per share[3](index=3&type=chunk) Selected First Quarter 2025 Financial Results (Quarter Ended Dec 31, 2024) | Metric | Value ($) | | :--- | :--- | | Total Investment Income | 6.2 million | | Net Investment Income | 1.6 million | | Net Realized Gain | 1.2 million | | Net Unrealized Loss | 0.3 million | | Net Asset Value (NAV) | 162.8 million | | NAV per Share | 80.59 | - On October 1, 2024, the company completed the merger and reorganization of The National Security Group, Inc. (NSG)[8](index=8&type=chunk) - On February 6, 2025, the Board declared a special dividend of $1.43 per share, payable on February 18, 2025, to stockholders of record as of February 17, 2025[8](index=8&type=chunk) [Portfolio and Investment Activities](index=1&type=section&id=Portfolio%20and%20Investment%20Activities%20for%20the%20Quarter%20Ended%20December%2031%2C%202024%3A) The company's investment portfolio as of December 31, 2024, comprised **$300.1 million** across 43 companies, with a **13.3%** weighted average yield Portfolio Summary as of December 31, 2024 | Metric | Value ($) | | :--- | :--- | | Fair Value of Investment Portfolio | 300.1 million | | Number of Portfolio Companies | 43 | | Weighted Average Yield (Debt & Income Investments) | 13.3% | | Investments on Non-Accrual (Fair Value) | 1.5 million | | Investments on Non-Accrual (Companies) | 3 | [Liquidity and Capital Resources](index=1&type=section&id=Liquidity%20and%20Capital%20Resources) PhenixFIN maintained **$7.2 million** in cash and equivalents, with **$59.2 million** in unsecured notes and **$84.0 million** drawn from its credit facility Liquidity and Capital Position as of December 31, 2024 | Item | Amount ($) | | :--- | :--- | | Cash and Cash Equivalents | 7.2 million | | 5.25% Unsecured Notes due 2028 (Principal) | 59.2 million | | Outstanding under Credit Facility | 84.0 million | [Consolidated Financial Statements](index=3&type=section&id=Consolidated%20Financial%20Statements) The consolidated financial statements detail the company's financial position as of December 31, 2024, with total assets increasing to **$311.9 million** and net assets growing to **$162.8 million** [Consolidated Statements of Assets and Liabilities](index=3&type=section&id=Consolidated%20Statements%20of%20Assets%20and%20Liabilities) As of December 31, 2024, total assets were **$311.9 million**, total liabilities **$149.2 million**, and net assets **$162.8 million**, with NAV per share at **$80.59** Balance Sheet Comparison | Metric | Dec 31, 2024 (Unaudited) ($) | Sep 30, 2024 ($) | | :--- | :--- | :--- | | Total Investments at fair value | 300,094,394 | 227,915,858 | | Cash and cash equivalents | 7,187,110 | 67,571,559 | | Total Assets | 311,928,044 | 302,751,813 | | Total Liabilities | 149,156,114 | 142,444,040 | | Total Net Assets | 162,771,930 | 160,307,773 | | Net Asset Value Per Common Share | 80.59 | 79.37 | [Consolidated Statements of Operations](index=4&type=section&id=Consolidated%20Statements%20of%20Operations) For the three months ended December 31, 2024, the company reported **$6.2 million** total investment income, **$1.6 million** net investment income, and a **$2.5 million** net increase in net assets Statement of Operations Summary (YoY) | Metric | Three Months Ended Dec 31, 2024 ($) | Three Months Ended Dec 31, 2023 ($) | | :--- | :--- | :--- | | Total Investment Income | 6,216,483 | 5,721,678 | | Total Expenses | 4,591,010 | 4,012,776 | | Net Investment Income | 1,625,473 | 1,708,902 | | Net Increase in Net Assets | 2,464,157 | 4,533,839 | | Weighted Average EPS (basic and diluted) | 1.22 | 2.19 |

Core Insights - PhenixFIN Corporation reported a strong start to fiscal year 2025, focusing on strategic priorities such as platform growth and investment opportunities, resulting in an increase in NAV per share to $80.59 as of December 31, 2024 [4][9]. Financial Performance - Total investment income for the first quarter ended December 31, 2024, was $6.2 million, with $5.9 million from portfolio interest and dividend income, and $0.3 million from fees and other income [4][9]. - Total net expenses were $4.6 million, leading to a net investment income of $1.6 million [5][9]. - The company recorded a net realized gain of $1.2 million and a net unrealized loss of $0.3 million during the quarter [5][9]. Portfolio and Investment Activities - The fair value of the investment portfolio was $300.1 million, comprising 43 portfolio companies, with $1.5 million in non-accrual status [6][9]. - The weighted average yield on debt and other income-producing investments was 13.3% [9]. Liquidity and Capital Resources - As of December 31, 2024, the company had $7.2 million in cash and cash equivalents, $59.2 million in unsecured notes due 2028, and $84.0 million outstanding under the Credit Facility [7][9]. Shareholder Returns - The Board declared a special dividend of $1.43 per share, payable on February 18, 2025, to stockholders of record as of February 17, 2025 [9].

PhenixFIN (PFX) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -77.39%. A quarter ago, it was expected that this investment firm would post earnings of $0.65 per share when it actually produced earnings of $0.98, delivering a surprise of 50.77%.Over the last four quarters, the compan ...

NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ:PFX, PFXNZ)) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal fourth quarter of 2024. Highlights Fourth quarter total investment income of $5.6 million; net investment income of $0.5 millionNet asset value (NAV) of $160.3 million, or $79.37 per share as of September 30, 2024, vs. $70.75 per share as of September 30, 2023Weighted average yield was 12.3% on debt and ot ...

PhenixFIN (PFX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing ...

PhenixFIN (PFX) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 50.77%. A quarter ago, it was expected that this investment firm would post earnings of $0.79 per share when it actually produced earnings of $0.28, delivering a surprise of -64.56%. Over the last four quarters, the compa ...

NAV Per Share Grew 14% In Last 12 Months (taking into account the distribution of the Special Dividend) Expanded Credit Facility To $87.5 Million NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal third quarter of 2024. Highlights Third quarter total investment income of $6.2 million; net investment income of $2.0 million Net asset value (NAV) of $154.2 mi ...