Cboe BZX · FLXN
Horizon Flexible Income ETF financials
$24.14−0.37%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q4 '18 Dec 31 | Q3 '18 Sep 30 | Q2 '18 Jun 30 | Q1 '18 Mar 31 | Q4 '17 Dec 31 | Q3 '17 Sep 30 | Q2 '17 Jun 30 | Q1 '17 Mar 31 | Q4 '16 Dec 31 | Q3 '16 Sep 30 | Q2 '16 Jun 30 | Q1 '16 Mar 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.5M | $7.0M | $3.8M | $2.2M | — | — | — | — | — | — | — | — |
| Gross profit | $7.5M | $5.4M | $2.9M | -$504.0K | — | — | — | — | — | — | — | — |
| Gross margin | 78.3% | 76.8% | 75.1% | −23.0% | — | — | — | — | — | — | — | — |
| Operating income | -$38.0M | -$41.0M | -$41.3M | -$39.0M | -$47.8M | -$31.2M | -$26.9M | -$23.8M | -$21.6M | -$17.4M | -$14.1M | -$16.7M |
| Net income | -$40.6M | -$43.6M | -$43.9M | -$41.6M | -$50.5M | -$34.2M | -$28.9M | -$23.9M | -$23.1M | -$17.8M | -$14.2M | -$16.8M |
| Net margin | −425.2% | −624.3% | −1155.5% | −1894.7% | — | — | — | — | — | — | — | — |
| Diluted EPS | $-1.07 | $-1.15 | $-1.16 | $-1.10 | $-1.43 | $-1.07 | $-0.91 | $-0.75 | $-0.80 | $-0.65 | $-0.63 | $-0.78 |
| EBITDA | -$38.0M | -$40.6M | -$40.8M | -$38.4M | -$47.8M | -$30.7M | -$26.4M | -$23.3M | -$21.6M | -$17.0M | -$14.0M | -$16.5M |
| Operating cash flow | -$42.7M | -$35.7M | -$37.0M | -$45.0M | -$41.9M | -$23.7M | -$20.8M | -$21.4M | -$21.0M | -$16.2M | -$11.3M | -$14.0M |
| Free cash flow | -$42.8M | -$35.9M | -$37.3M | -$45.3M | -$42.2M | -$23.9M | -$21.5M | -$22.4M | -$21.3M | -$16.7M | -$15.9M | -$17.1M |
| Diluted shares | 37.8M | 37.8M | 37.7M | 37.6M | 33.0M | 31.9M | 31.8M | 31.7M | 25.3M | 27.5M | 22.7M | 21.6M |
Balance sheet
| Period end | Dec 31 | Sep 30 | Jun 30 | Mar 31 | Dec 31 | Sep 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $87.2M | $117.8M | $174.6M | $147.3M | $127.8M | $159.2M |
| Short-term investments | $171.6M | $185.1M | $165.8M | $224.3M | $264.6M | $175.9M |
| Total debt | $158.5M | $158.8M | $159.2M | $159.6M | $160.0M | $160.5M |
| Total assets | $295.8M | $331.7M | $362.5M | $397.1M | $441.3M | $350.8M |
| Total liabilities | $185.7M | $185.6M | $177.0M | $174.5M | $181.0M | $177.1M |
| Shareholders' equity | $110.1M | $146.1M | $185.5M | $222.6M | $260.3M | $173.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology