| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Interest income | $97.6M-38.1% | $157.7M-20.6% | $198.6M+16.7% | $170.2M+27.3% | $133.6M |
| Interest expense | -$65.2M+38.5% | -$106.0M+3.3% | -$109.7M-66.2% | -$66.0M-31.8% | -$50.1M |
| Net interest margin | $32.4M-37.3% | $51.7M-41.8% | $89.0M-14.6% | $104.2M+24.7% | $83.6M |
| Revenue from real estate owned | $22.4M+25.0% | $17.9M+351.3% | $4.0M+48.6% | $2.7M-85.6% | $18.5M |
| Total revenue | $54.8M-21.3% | $69.7M-25.0% | $92.9M-13.0% | $106.8M+4.7% | $102.1M |
| Management and incentive fees to affiliate | $9.8M-7.9% | $10.7M-12.9% | $12.3M-17.7% | $14.9M+22.8% | $12.1M |
| Professional fees | $2.8M+4.6% | $2.6M-13.8% | $3.1M-8.8% | $3.4M+37.5% | $2.4M |
| General and administrative expenses | $7.0M-10.0% | $7.8M+8.0% | $7.2M+13.3% | $6.4M+34.9% | $4.7M |
| General and administrative expenses reimbursed to affiliate | $3.6M-5.4% | $3.8M+11.4% | $3.4M-9.1% | $3.8M+25.2% | $3.0M |
| Expenses from real estate owned | $18.2M+40.1% | $13.0M+414.9% | $2.5M-41.6% | $4.3M-76.8% | $18.5M |
| Total expenses | $41.4M+9.2% | $37.9M+33.0% | $28.5M-12.9% | $32.7M-19.9% | $40.9M |
| (Provision for) reversal of current expected credit losses, net | $17.8M-1.7% | $18.2M+119.8% | -$91.8M-299.4% | $46.1M+460510.0% | $10K |
| Realized losses on loans | -$34.6M+58.6% | -$83.6M-696.2% | -$10.5M | $0 | $0 |
| Change in unrealized losses on loans held for sale | $0-100.0% | $995K+200.0% | -$995K | $0 | $0 |
| Realized gain (loss) on sale of real estate owned | $2.8M+220.6% | -$2.3M | $0+100.0% | -$2.2M | $0 |
| Income (loss) before income taxes | -$617K+98.2% | -$35.0M+10.0% | -$38.9M-228.6% | $30.3M-50.5% | $61.2M |
| Income tax expense (benefit), including excise tax | $285K+1683.3% | -$18K+53.8% | -$39K-108.3% | $472K-34.6% | $722K |
| Net income (loss) attributable to common stockholders | -$902K+97.4% | -$35.0M+10.0% | -$38.9M-230.5% | $29.8M-50.7% | $60.5M |
| Basic earnings (loss) per common share (in dollars per share) | -$20.00+96.9% | -$640.00+11.1% | -$720.00-224.1% | $580.00-59.4% | $1430.00 |
| Diluted earnings (loss) per common share (in dollars per share) | -$20.00+96.9% | -$640.00+11.1% | -$720.00-226.3% | $570.00-59.9% | $1420.00 |
| Basic weighted average shares of common stock outstanding (in shares) | 54.89B+0.8% | 54.45B+0.3% | 54.28B+5.0% | 51.68B+21.9% | 42.40B |
| Diluted weighted average shares of common stock outstanding (in shares) | 54.89B+0.8% | 54.45B+0.3% | 54.28B+4.1% | 52.13B+22.1% | 42.68B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.