PTMN: Portman Ridge Finance Corp Financial Statements

Balance sheet, income statement, and cash flow statements for Portman Ridge Finance Corp (PTMN).

OverviewDividends

$150.54M Market Cap.

As of 05/11/2025 5:00 PM ET (MRY) • Disclaimer

PTMN Market Cap. (MRY)


PTMN Shares Outstanding (MRY)


PTMN Assets (MRY)


Total Assets

$453.63M

Total Liabilities

$275.14M

Total Investments

$405.02M

PTMN Income (MRY)


Revenue

$62.43M

Net Income

-$5.93M

Operating Expense

$6.04M

PTMN Cash Flow (MRY)


CF Operations

$56.63M

CF Investing

$0

CF Financing

-$88.25M

PTMN Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$453,634,000 (-17.41%)

$549,239,000 (-11.34%)

$619,486,000 (-4.44%)

$648,301,000 (8.02%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$178,493,000 (-16.40%)

$213,518,000 (-8.02%)

$232,123,000 (-17.14%)

$280,122,000 (29.53%)

Property Plant & Equipment Net

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Cash & Equivalents

$39,953,000 (-44.17%)

$71,564,000 (116.00%)

$33,131,000 (-51.52%)

$68,340,000 (-17.57%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$405,021,000 (-13.43%)

$467,865,000 (-18.84%)

$576,478,000 (4.82%)

$549,985,000 (12.76%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$1,367,000 (-35.12%)

$2,107,000 (-9.38%)

$2,325,000 (-88.77%)

$20,700,000 (-18.71%)

Trade & Non-Trade Payables

$6,355,000 (-32.27%)

$9,383,000 (-9.19%)

$10,333,000 (-37.59%)

$16,556,000 (96.91%)

Accumulated Retained Earnings (Deficit)

-$535,930,000 (-6.25%)

-$504,411,000 (0.07%)

-$504,757,000 (-11.41%)

-$453,070,000 (-7.12%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$265,140,000 (-17.76%)

$322,410,000 (-13.63%)

$373,308,000 (7.52%)

$347,191,000 (-7.00%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$275,141,000 (-18.04%)

$335,721,000 (-13.33%)

$387,363,000 (5.21%)

$368,179,000 (-4.10%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

PTMN Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$62,432,000 (-18.19%)

$76,315,000 (9.63%)

$69,614,000 (-13.08%)

$80,086,000 (87.27%)

Cost of Revenue

$11,571,000 (-21.95%)

$14,826,000 (2.42%)

$14,475,000 (-3.44%)

$14,991,000 (68.82%)

Selling General & Administrative Expense

$6,035,000 (-10.18%)

$6,719,000 (-21.40%)

$8,548,000 (-9.52%)

$9,447,000 (43.14%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$6,035,000 (328.01%)

$1,410,000 (-83.50%)

$8,548,000 (-9.52%)

$9,447,000 (43.14%)

Interest Expense

$20,782,000 (-17.88%)

$25,306,000 (42.96%)

$17,701,000 (29.73%)

$13,644,000 (32.67%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$5,935,000 (-152.15%)

$11,381,000 (154.21%)

-$20,996,000 (-180.67%)

$26,026,000 (-17.57%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$5,935,000 (-152.15%)

$11,381,000 (154.21%)

-$20,996,000 (-180.67%)

$26,026,000 (-17.57%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$5,935,000 (-152.15%)

$11,381,000 (154.21%)

-$20,996,000 (-180.67%)

$26,026,000 (-17.57%)

Weighted Average Shares

$9,272,809 (-2.49%)

$9,509,396 (-1.30%)

$9,634,468 (12.87%)

$8,536,079 (70.76%)

Weighted Average Shares Diluted

$9,272,809 (-2.49%)

$9,509,396 (-1.30%)

$9,634,468 (12.87%)

$8,536,079 (70.76%)

Earning Before Interest & Taxes (EBIT)

$14,847,000 (-59.53%)

$36,687,000 (1213.41%)

-$3,295,000 (-108.31%)

$39,670,000 (-5.22%)

Gross Profit

$50,861,000 (-17.28%)

$61,489,000 (11.52%)

$55,139,000 (-15.29%)

$65,095,000 (92.11%)

Operating Income

$44,826,000 (-25.39%)

$60,079,000 (28.95%)

$46,591,000 (-16.28%)

$55,648,000 (103.96%)

PTMN Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow from Financing

-$88,245,000 (-7.01%)

-$82,466,000 (-3808.34%)

-$2,110,000 (97.21%)

-$75,712,000 (-72.55%)

Net Cash Flow from Operations

$56,634,000 (-53.16%)

$120,899,000 (465.26%)

-$33,099,000 (-154.13%)

$61,149,000 (-49.74%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$31,611,000 (-182.25%)

$38,433,000 (209.16%)

-$35,209,000 (-141.77%)

-$14,563,000 (-118.72%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Repayment) of Debt Securities

-$59,155,000 (-12.72%)

-$52,480,000 (-310.82%)

$24,893,000 (143.13%)

-$57,711,000 (-77.00%)

Issuance (Purchase) of Equity Shares

-$3,832,000 (12.01%)

-$4,355,000 (-26.12%)

-$3,453,000 (-257.46%)

$2,193,000 (853.61%)

Payment of Dividends & Other Cash Distributions

-$25,258,000 (1.46%)

-$25,631,000 (-8.84%)

-$23,550,000 (-19.87%)

-$19,647,000 (-86.25%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

PTMN Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

81.50% (1.12%)

80.60% (1.77%)

79.20% (-2.58%)

81.30% (2.65%)

Profit Margin

-9.50% (-163.76%)

14.90% (149.34%)

-30.20% (-192.92%)

32.50% (-55.96%)

EBITDA Margin

23.80% (-50.52%)

48.10% (1123.40%)

-4.70% (-109.49%)

49.50% (-49.44%)

Return on Average Equity (ROAE)

-3.10% (-159.62%)

5.20% (163.41%)

-8.20% (-182.00%)

10.00% (-53.92%)

Return on Average Assets (ROAA)

-1.20% (-160.00%)

2.00% (160.61%)

-3.30% (-178.57%)

4.20% (-50.59%)

Return on Sales (ROS)

23.80% (-50.52%)

48.10% (1123.40%)

-4.70% (-109.49%)

49.50% (-49.44%)

Return on Invested Capital (ROIC)

2.10% (-51.16%)

4.30% (1533.33%)

-0.30% (-106.67%)

4.50% (-40.00%)

Dividend Yield

16.90% (11.92%)

15.10% (36.04%)

11.10% (13.27%)

9.80% (-22.22%)

Price to Earnings Ratio (P/E)

-25.53 (-268.43%)

15.16 (243.68%)

-10.55 (-229.96%)

8.12 (168.63%)

Price to Sales Ratio (P/S)

2.43 (7.06%)

2.27 (-28.78%)

3.18 (20.61%)

2.64 (18.18%)

Price to Book Ratio (P/B)

0.84 (4.72%)

0.81 (-15.44%)

0.95 (18.11%)

0.81 (106.67%)

Debt to Equity Ratio (D/E)

1.54 (-1.97%)

1.57 (-5.81%)

1.67 (27.02%)

1.31 (-25.97%)

Earnings Per Share (EPS)

-0.64 (-153.33%)

1.2 (155.05%)

-2.18 (-171.48%)

3.05 (-51.74%)

Sales Per Share (SPS)

6.73 (-16.10%)

8.03 (11.06%)

7.23 (-22.98%)

9.38 (9.67%)

Free Cash Flow Per Share (FCFPS)

6.11 (-51.96%)

12.71 (470.13%)

-3.44 (-147.95%)

7.16 (-70.57%)

Book Value Per Share (BVPS)

19.25 (-14.27%)

22.45 (-6.81%)

24.09 (-26.58%)

32.82 (-24.15%)

Tangible Assets Book Value Per Share (TABVPS)

48.92 (-15.30%)

57.76 (-10.17%)

64.3 (-15.34%)

75.95 (-36.74%)

Enterprise Value Over EBIT (EV/EBIT)

26 (116.67%)

12 (107.23%)

-166 (-1376.92%)

13 (116.67%)

Enterprise Value Over EBITDA (EV/EBITDA)

26.18 (110.65%)

12.43 (107.50%)

-165.63 (-1383.96%)

12.9 (118.24%)

Asset Turnover

0.13 (-5.15%)

0.14 (24.77%)

0.11 (-15.50%)

0.13 (12.17%)

Current Ratio

-

-

-

-

Dividends

$2.76 (0.36%)

$2.75 (7.42%)

$2.56 (5.79%)

$2.42 (0.83%)

Free Cash Flow (FCF)

$56,634,000 (-53.16%)

$120,899,000 (465.26%)

-$33,099,000 (-154.13%)

$61,149,000 (-49.74%)

Enterprise Value (EV)

$388,683,077 (-14.75%)

$455,939,149 (-16.46%)

$545,752,999 (6.64%)

$511,749,954 (106.83%)

Earnings Before Tax (EBT)

-$5,935,000 (-152.15%)

$11,381,000 (154.21%)

-$20,996,000 (-180.67%)

$26,026,000 (-17.57%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$14,847,000 (-59.53%)

$36,687,000 (1213.41%)

-$3,295,000 (-108.31%)

$39,670,000 (-5.22%)

Invested Capital

$678,821,000 (-15.16%)

$800,085,000 (-16.63%)

$959,663,000 (3.51%)

$927,152,000 (4.11%)

Working Capital

-

-

-

-

Tangible Asset Value

$453,634,000 (-17.41%)

$549,239,000 (-11.34%)

$619,486,000 (-4.44%)

$648,301,000 (8.02%)

Market Capitalization

$150,540,077 (-12.40%)

$171,842,149 (-22.25%)

$221,004,999 (-2.16%)

$225,892,289 (167.76%)

Average Equity

$193,377,750 (-10.93%)

$217,098,000 (-15.17%)

$255,918,000 (-1.53%)

$259,907,424 (78.23%)

Average Assets

$483,374,750 (-13.91%)

$561,455,750 (-12.36%)

$640,669,500 (3.43%)

$619,437,146 (66.36%)

Invested Capital Average

$723,023,000 (-14.50%)

$845,647,500 (-11.15%)

$951,722,750 (7.51%)

$885,240,795 (58.83%)

Shares

9,212,979 (-2.48%)

9,447,067 (-1.68%)

9,608,913 (5.32%)

9,123,275 (106.55%)