See more : bleuacacia ltd (BLEUW) Income Statement Analysis – Financial Results
Complete financial analysis of Chicago Atlantic Real Estate Finance, Inc. (REFI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Chicago Atlantic Real Estate Finance, Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Chicago Atlantic Real Estate Finance, Inc. (REFI)
About Chicago Atlantic Real Estate Finance, Inc.
Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 57.33M | 48.86M | 11.08M |
| Cost of Revenue | 8.78M | 3.89B | 905.12K |
| Gross Profit | 48.54M | -3.84B | 10.17M |
| Gross Profit Ratio | 84.68% | -7,856.60% | 91.83% |
| Research & Development | 0.00 | 0.63 | 0.86 |
| General & Administrative | 16.20M | 10.53M | 1.54M |
| Selling & Marketing | 1.48M | 0.00 | 39.48K |
| SG&A | 17.68M | 10.53M | 1.58M |
| Other Expenses | 0.00 | 10.89B | -75.86K |
| Operating Expenses | 17.68M | 16.57B | 1.58M |
| Cost & Expenses | 17.68M | 16.57B | 1.50M |
| Interest Income | 62.90M | 51.47M | 10.75B |
| Interest Expense | 5.75M | 2.61M | 75.86K |
| Depreciation & Amortization | 5.93M | 16.57M | -12.66M |
| EBITDA | 44.46M | 34.91M | 9.57M |
| EBITDA Ratio | 77.56% | 71,445.58% | 86.43% |
| Operating Income | 38.53M | 34.91M | 9.57M |
| Operating Income Ratio | 67.21% | 71.45% | 86.43% |
| Total Other Income/Expenses | 180.39K | -2.61M | -3.17M |
| Income Before Tax | 38.71M | 32.29M | 9.50M |
| Income Before Tax Ratio | 67.52% | 66.10% | 85.75% |
| Income Tax Expense | 0.00 | 34.91M | 9.57M |
| Net Income | 38.71M | 32.29M | 9.50M |
| Net Income Ratio | 67.52% | 66.10% | 85.75% |
| EPS | 2.14 | 1.83 | 0.54 |
| EPS Diluted | 2.11 | 1.82 | 0.54 |
| Weighted Avg Shares Out | 18.09M | 17.65M | 17.45M |
| Weighted Avg Shares Out (Dil) | 18.34M | 17.75M | 17.45M |
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Chicago Atlantic Real Estate Finance, Inc. 2022 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Chicago Atlantic Real Estate Finance, Inc. in conjunction with their 2022 Q4 earnings call.
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 2022 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q4 2022 Earnings Conference Call March 9, 2023 9:00 AM ET Company Participants Tripp Sullivan - SCR Partners, LLC John Mazarakis - Executive Chairman Anthony Cappell - Chief Executive Officer Andreas Bodmeier...
Chicago Atlantic Real Estate Finance, Inc. (REFI) Lags Q4 Earnings Estimates
Chicago Atlantic Real Estate Finance, Inc. (REFI) delivered earnings and revenue surprises of -12.77% and 11.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Chicago Atlantic Real Estate Finance Schedules Fourth Quarter 2022 Earnings Release and Conference Call Dates
CHICAGO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announced details for the release of its results for the fourth quarter ended...
AFC Gamma Compared To 2 Peers In Cannabis Lending: REFI And SSIC
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Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 2022 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q3 2022 Results Conference Call November 9, 2022 9:00 AM ET Company Participants Tripp Sullivan - SCR Partners, LLC John Mazarakis - Executive Chairman Tony Cappell - Chief Executive Officer Andreas Bodmeier...
2 Double Digit REITS To Benefit From The Rise In Interest Rates - Chicago Atlantic Real (NASDAQ:REFI), Orchid Island Cap (NYSE:ORC)
As real estate investment trusts (REITs) are required to distribute 90% of their taxable income to shareholders through dividend payments, and the rise in interest rates should prove to be a positive catalyst.
Source: https://incomestatements.info
Category: Stock Reports