sur SWK Holdings Corp.
SWK Holdings Corporation Reports Second Quarter 2024 Financial Results
SWK Holdings Corporation announced its financial results for the second quarter of 2024. GAAP net income was $4.4 million, up from $3.9 million in Q2 2023. Adjusted non-GAAP net income for the finance receivables segment fell to $6.5 million from $7.6 million in the same period last year.
As of June 30, 2024, net finance receivables increased by 19% to $265.5 million, and the effective yield rose by 10 basis points to 14.6%. Non-GAAP tangible financing book value per share also grew by 6.3% to $20.17.
The company's revenue increased by 21.1% to $11.5 million, compared to $9.5 million in Q2 2023. Income before tax remained stable at $5.4 million. The GAAP book value per share reached $22.75 on June 30, 2024, reflecting a 4.4% rise.
R. H.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de SWK Holdings Corp.