Name | Value |
---|---|
Revenues | 5,721.7K |
Cost of Revenue | 77.9K |
Gross Profit | 5,643.8K |
Operating Expense | 340.2K |
Operating I/L | 3,251.0K |
Other Income/Expense | 1,282.9K |
Interest Income | 1,528.0K |
Pretax | 4,533.8K |
Income Tax Expense | 1,282.9K |
Net Income/Loss | 4,533.8K |
PhenixFIN Corporation is a business development company that invests in privately negotiated debt and equity securities of small and middle market companies in North America. It primarily focuses on sectors such as business services, real estate, healthcare, retail, telecommunications, finance, and more. The firm targets private debt transactions in companies with enterprise values or asset values between $25 million and $250 million, with debt investment values between $10 million and $50 million. PhenixFIN structures its investments as senior secured loans, notes, and subordinate notes, and may take a board seat on investee companies while offering managerial assistance. The fund aims to exit investments between three to seven years, holding most to maturity or repayment.