WhiteHorse Finance(US:WHF)2025-05-12 20:57Investment Income - Total investment income for Q1 2025 was $18.8 million, a decrease of 10.5% from $21.0 million in Q4 2024[3] - Net investment income for Q1 2025 was $6.8 million, down 14.2% from $8.0 million in Q4 2024, resulting in a per share income of $0.294[3] Investment Portfolio - The company's total investments at fair value increased to $651.0 million as of March 31, 2025, up 1.4% from $642.2 million at the end of 2024[4] - The portfolio consisted of 134 positions across 74 companies, with approximately 79.4% in first lien secured loans[4] New Investments - WhiteHorse Finance made new investments totaling $40.8 million in seven new portfolio companies during Q1 2025[5] Distributions - The company declared a distribution of $0.385 per share for Q1 2025, consistent with the previous quarter[7] Net Realized Losses - Net realized losses for Q1 2025 were $402, a significant improvement from losses of $12.3 million in Q4 2024[3] Net Assets - The net increase in net assets resulting from operations was $4.3 million, reflecting a 9.3% increase from $3.9 million in Q4 2024[3] Operational Improvements - The company is actively addressing underperforming investments and has expanded its origination capabilities to a 13th region[2] Yield on Investments - The weighted average effective yield on income-producing debt investments was 12.1%[4]