See more : Tactical Resources Corp. (USREF) Income Statement Analysis – Financial Results
Complete financial analysis of Claros Mortgage Trust, Inc. (CMTG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Claros Mortgage Trust, Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Claros Mortgage Trust, Inc. (CMTG)
About Claros Mortgage Trust, Inc.
Claros Mortgage Trust, Inc. is a real estate investment trust that focuses primarily on originating senior and subordinate loans on transitional commercial real estate assets located in principal markets across the United States. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, its net income would be exempt from federal taxation to the extent that it is distributed as dividends to shareholders. The company was incorporated in 2015 and is based in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 129.83M | 270.20M | 248.30M | 273.07M | 249.72M | 167.17M |
| Cost of Revenue | 149.52M | 84.36M | 42.59M | 46.73M | 42.83M | 28.07M |
| Gross Profit | -19.69M | 185.84M | 205.72M | 226.34M | 206.89M | 139.10M |
| Gross Profit Ratio | -15.16% | 68.78% | 82.85% | 82.89% | 82.85% | 83.21% |
| Research & Development | 0.00 | 0.35 | 0.65 | 0.75 | 0.70 | 0.83 |
| General & Administrative | 16.61M | 26.14M | 60.54M | 61.40M | 75.71M | 32.43M |
| Selling & Marketing | 16.60M | 0.00 | 0.00 | 0.00 | 0.00 | -32.43M |
| SG&A | 33.20M | 26.14M | 60.54M | 61.40M | 75.71M | 0.79 |
| Other Expenses | 0.00 | 23.30M | 5.86M | -132.06M | -156.67M | 4.18M |
| Operating Expenses | 49.50M | 41.98M | 66.39M | -70.66M | -80.96M | 28.25M |
| Cost & Expenses | 122.42M | 129.80M | 66.39M | -70.66M | -80.96M | 28.25M |
| Interest Income | 697.87M | 470.67M | 415.26M | 445.94M | 389.36M | 0.00 |
| Interest Expense | 470.51M | 261.11M | 196.23M | 172.23M | 139.75M | 0.00 |
| Depreciation & Amortization | 708.00K | 109.59M | 92.73M | 67.40M | 75.71M | 32.43M |
| EBITDA | 0.00 | 216.24M | 176.90M | 202.41M | 168.76M | 134.74M |
| EBITDA Ratio | 0.00% | 140.47% | 71.55% | 74.12% | 67.58% | -1.98% |
| Operating Income | 107.53M | 371.51M | 170.55M | 202.41M | 168.76M | 134.74M |
| Operating Income Ratio | 82.82% | 137.49% | 68.69% | 74.12% | 67.58% | 80.60% |
| Total Other Income/Expenses | -101.50M | -96.05M | 31.00K | 171.59M | 279.92M | 4.18M |
| Income Before Tax | 6.03M | 112.16M | 170.39M | 205.67M | 174.05M | 134.74M |
| Income Before Tax Ratio | 4.64% | 41.51% | 68.62% | 75.32% | 69.70% | 80.60% |
| Income Tax Expense | 0.00 | -1.67M | -164.00K | 3.26M | 5.29M | 134.74M |
| Net Income | 6.03M | 112.06M | 170.55M | 202.41M | 168.76M | 138.92M |
| Net Income Ratio | 4.64% | 41.47% | 68.69% | 74.12% | 67.58% | 83.10% |
| EPS | 0.02 | 0.80 | 1.27 | 1.44 | 1.20 | 148.93M |
| EPS Diluted | 0.02 | 0.80 | 1.27 | 1.44 | 1.20 | 148.93M |
| Weighted Avg Shares Out | 138.62M | 139.31M | 134.54M | 140.88M | 140.88M | 0.93 |
| Weighted Avg Shares Out (Dil) | 138.62M | 139.31M | 134.54M | 140.88M | 140.88M | 0.93 |
Claros Mortgage Trust, Inc. to Present at Citi's 2024 Global Property CEO Conference
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“CMTG”) today announced that Richard Mack, Chairman and CEO, will present at the Citi Global Property CEO Conference on Wednesday, March 6, 2024, at 9:35 a.m. ET. A live audio webcast of...
Claros Mortgage Trust, Inc. (CMTG) Q4 2023 Earnings Call Transcript
Claros Mortgage Trust, Inc. (CMTG) Q4 2023 Earnings Call Transcript
Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2023 Results
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2023. The Company reported GAAP net income of $34.0 million and $6.0 million, or $0.24...
Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday,...
Claros Mortgage Trust, Inc. Announces Tax Treatment of 2023 Dividends
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2023 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December...
Claros Mortgage Trust, Inc. Declares Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.25 per share of common stock for the fourth quarter of 2023. The dividend is payable on January 12, 2024 to stockholders of record...
New Strong Sell Stocks for November 9th
CMTG, BB and CASS have been added to the Zacks Rank #5 (Strong Sell) List on November 9, 2023.
Claros Mortgage Trust, Inc. (CMTG) Q3 2023 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Anh Huynh - Vice President, Investor Relations Richard Mack - Chief Executive Officer and Chairman Mike McGillis - President and Director,...
Claros Mortgage Trust, Inc. Reports Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2023. The Company's third quarter 2023 GAAP net loss was ($68.9 million), or ($0.50) per diluted share...
Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, October 31, 2023....
Source: https://incomestatements.info
Category: Stock Reports