PhenixFIN (PFX) Q4 2025 earnings summary

Executive summary

• Reported Q4 2025 total investment income of $6.9 million and net investment income of $1.4 million.

• Net asset value (NAV) per share increased to $80.24 as of September 30, 2025, up from $79.37 a year earlier.

• Portfolio consisted of 36 companies with a fair value of $302.3 million at quarter end.

• Continued share repurchase program and paid a special dividend of $1.43 per share in February.

Financial highlights

• Fiscal year total investment income reached $25.3 million, up from $22.2 million in the prior year.

• Net investment income for the year was $5.1 million, compared to $4.7 million last year.

• Net realized loss for Q4 was $0.04 million, with a net unrealized gain of $2.2 million.

• Weighted average yield on debt and income-producing investments was 12.8% at year end.

Outlook and guidance

• Management remains focused on growing NAV per share and enhancing shareholder value.

• Actively monitoring portfolio and market developments to protect capital and seek new opportunities.