PhenixFIN Corp
phenixfc.comWhat Do They Do?
Provides loans and private equity investments to privately held companies, and may also invest in publicly traded companies.
10-K for FY2025, filed Dec 12, 2025
How Do They Make Money?
Earns interest from debt investments and dividends and capital gains from equity investments; loan interest is generally paid monthly or quarterly, while some interest is added to the loan balance and due at maturity. It also earns fees for services and when certain transaction fees become due.
10-K for FY2025, filed Dec 12, 2025We generate revenue in the form of interest income on the debt that we hold and dividends and capital gains, if any, on our equity…View ↗
The Company holds debt investments in its portfolio that contain a payment-in-kind (“PIK”) interest provision. PIK interest, which…View ↗
Amendment and transaction break-up fees associated with investments in portfolio companies are recognized as income when we become entitled…View ↗
$5.1M
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10-K for FY2025, filed Dec 12, 2025
$5.1M ↗
Who Are Their Customers?
Lends directly to privately held companies; it sources investments through relationships with financial sponsors, market participants and specialists, as well as financial intermediaries.
10-K for FY2025, filed Dec 12, 2025
Do Revenues Turn Into Profits?
Yes. It kept 81 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Dec 12, 2025
10-K for FY2025, filed Dec 12, 2025
$4.2MView ↗
How Are They Changing?
Shrinking. Revenue fell 72% in 4 years, from $18.5M in FY2021 to $5.1M in FY2025, about 27% a year.
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