Portman Ridge Finance Corporation
Portman Ridge Finance Corporation (PTMN) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Portman Ridge Finance Corporation (PTMN), featuring income statements, balance sheets, and cash flow data.
Portman Ridge Finance Corporation (PTMN) Income Statement & Financial Overview
Analyze Portman Ridge Finance Corporation’s PTMN earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $12.12M | $3.61M | $308000.00 | -$4.97M |
| Cost of Revenue | $6.68M | $4.57M | $0.00 | $3.42M |
| Gross Profit | $5.43M | -$1.29M | $308000.00 | -$8.38M |
| Gross Profit Ratio | $0.45 | -$0.36 | $1.00 | $1.69 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $539000.00 | $1.57M | $1.41M | $1.44M |
| Operating Expenses | $1.09M | $1.57M | $308000.00 | $1.48M |
| Total Costs & Expenses | $7.78M | $6.14M | $308000.00 | $4.89M |
| Interest Income | $7.62M | $10.24M | $11.71M | $12.22M |
| Interest Expense | $4.30M | $4.57M | $5.12M | $5.37M |
| Depreciation & Amortization | $0.00 | $0.00 | $0.00 | $0.00 |
| EBITDA | $395000.00 | -$2.86M | $0.00 | -$968000.00 |
| EBITDA Ratio | $0.03 | -$0.79 | $0.00 | $0.19 |
| Operating Income | $4.34M | -$2.86M | -$7.22M | -$929000.00 |
| Operating Income Ratio | $0.36 | -$0.79 | -$23.45 | $0.19 |
| Other Income/Expenses (Net) | -$8.24M | $0.00 | $5.71M | -$5.44M |
| Income Before Tax | -$3.90M | -$2.54M | -$1.51M | -$6.37M |
| Income Before Tax Ratio | -$0.32 | -$0.70 | -$4.90 | $1.28 |
| Income Tax Expense | $346000.00 | -$316000.00 | $0.00 | $0.00 |
| Net Income | -$4.25M | -$2.54M | -$1.51M | -$6.37M |
| Net Income Ratio | -$0.35 | -$0.70 | -$4.90 | $1.28 |
| EPS | -$0.01 | -$0.27 | -$0.16 | -$0.69 |
| Diluted EPS | -$0.01 | -$0.27 | -$0.16 | -$0.69 |
| Weighted Avg Shares Outstanding | $9.20M | $9.20M | $9.24M | $9.29M |
| Weighted Avg Shares Outstanding (Diluted) | $9.20M | $9.20M | $9.24M | $9.29M |
Financial performance has remained strong, with revenue growing from -$4.97M in Q2 2024 to $12.12M in Q1 2025. Gross profit continued to perform well, with margins at 45% in the latest quarter. Operating income reached $4.34M in Q1 2025, holding a steady 36% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $395000.00. Net income dropped to -$4.25M, keeping EPS at -$0.01. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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