See more : ANBANG SAVE-GUARD GROUP CO., LTD (603373.SS) 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. (CMTG) Q1 Earnings and Revenues Miss Estimates
Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.24 per share a year ago.
Claros Mortgage Trust, Inc. Announces Dates for First 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 first quarter 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, May 2, 2023....
Mortgage REITs Ranked By Quality (And Some Words Of Caution)
Mortgage REITs Ranked By Quality (And Some Words Of Caution)
Mortgage REITs: High Yield Opportunity And Risk
Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sector has come...
Claros Mortgage Trust, Inc. to Present at Citi Global Property CEO Conference
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that Richard Mack, Chairman and CEO, will present at the Citi Global Property CEO Conference on Wednesday, March 8, 2023, at 9:55 a.m. ET. A live...
Claros Mortgage Trust, Inc. (CMTG) Q4 2022 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q4 2022 Results Conference Call February 17, 2023 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - Chairman, CEO Jai Agarwal - CFO Mike McGillis - President, Director Kevin Cullinan...
Claros Mortgage Trust, Inc. (CMTG) Misses Q4 Earnings and Revenue Estimates
Claros Mortgage Trust, Inc. (CMTG) delivered earnings and revenue surprises of -7.32% and 5.76%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2022 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 2022 financial results after the closing of trading on the New York Stock Exchange on Thursday,...
Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2022 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 2022 financial results after the closing of trading on the New York Stock Exchange on Thursday,...
Claros Mortgage Trust, Inc. (CMTG) Q3 2022 Earnings Call Transcript
Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Anh Huynh - VP IR Richard Mack - Chairman and CEO Mike McGillis - President and Director Jai Agarwal - CFO...
Source: https://incomestatements.info
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