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Stock impact report

PhenixFIN Corporation Announces Fiscal First Quarter 2024 Financial Results

PhenixFIN Corporation (PFX) 
Company Research Source: GlobeNewswire
NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal first quarter of 2024. Highlights First quarter total investment income of $5.7 million; net investment income of $1.7 millionNet asset value (NAV) of $150.7 million, or $73.14 per share as of December 31, 2023Weighted average yield was 13.0% on debt and other income producing investmentsRepurchased 13,223 shares as of December 31, 2023 David Lorber, Chief Executive Officer of the Company, stated: “We are pleased with our continued progress in growing our NAV per share as various investments over the past couple of years have generated favorable investment income and/or capital appreciation.” Selected First Quarter 2024 Financial Results for the Quarter Ended December 31, 2023: Total investment income was $5.7 million which was attributable to portfolio interest and dividend Show less Read more
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