PhenixFIN (US:PFX) Globenewswire·2025-12-12 11:05Core Insights - PhenixFIN Corporation reported its financial results for the fiscal year and fourth quarter of 2025, focusing on growing net asset value (NAV) per share and enhancing shareholder value [1][3]. Financial Performance - Total investment income for Q4 2025 was $6.9 million, with $6.7 million from portfolio interest and dividend income, and $0.2 million from fees and other income [4]. - Total net expenses for the quarter were $5.5 million, resulting in a net investment income of $1.4 million [4]. - The company recorded a net realized loss of $0.04 million and a net unrealized gain of $2.2 million during the quarter [4]. Portfolio and Investment Activities - The fair value of the investment portfolio was $302.3 million, consisting of 36 portfolio companies, with one company on non-accrual status valued at $0.0 million [5]. - The company actively managed its portfolio, selling its entire position in First Brands Group at nearly par (95.5) due to a delayed refinancing [3]. Liquidity and Capital Resources - As of September 30, 2025, the company had $7.3 million in cash and cash equivalents, $59.2 million in unsecured notes due 2028, and $90.0 million outstanding under its credit facility [6]. Net Asset Value - The net asset value (NAV) was reported at $160.8 million, or $80.24 per share, as of September 30, 2025, an increase from $79.37 per share a year earlier [8][14]. Yearly Financial Overview - For the fiscal year ended September 30, 2025, total investment income was $25.3 million, up from $22.2 million in 2024 [16]. - Net investment income for the year was $5.1 million, compared to $4.7 million in the previous year [17]. - The company experienced a net increase in net assets resulting from operations of $4.2 million for the year [17].