See more : Sandon Capital Investments Limited (SNC.AX) 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. Reports First Quarter 2022 Results
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2022. The Company’s first quarter 2022 GAAP net income was $29.4 million, or $0.21 per diluted share...
Claros Mortgage Trust, Inc. Announces First 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 first quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Tuesday, May 10, 2022....
Claros Mortgage Trust, Inc. Reports Fourth Quarter 2021 Results
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended December 31, 2021. The Company’s fourth quarter 2021 GAAP net income was $17.0 million, or $0.12 per diluted share...
Claros Mortgage Trust, Inc. Announces Fourth Quarter 2021 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 2021 financial results after the closing of trading on the New York Stock Exchange on Monday,...
Claros Mortgage Trust, Inc. Announces Third Quarter 2021 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 2021 financial results after the closing of trading on the New York Stock Exchange on Monday, December 13, 2021....
Claros Mortgage Trust, Inc. Announces Third Quarter 2021 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 2021 financial results after the closing of trading on the New York Stock Exchange on Monday, December 13, 2021....
Source: https://incomestatements.info
Category: Stock Reports