Angel Oak Mortgage REIT Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	51.6	40.76	41.63	29.27	40.8	43.57
Long-Term Investments	261.06	326.52	644.81	1,055	746.39	308.73
Trading Asset Securities	1.94	1.52	-	14.76	2.43	-
Loans & Lease Receivables	2,293	1,885	1,606	1,798	1,748	149.5
Other Receivables	14.78	8.14	7.5	17.5	25.98	5.07
Restricted Cash	1.83	2.13	2.87	10.59	11.51	2.4
Other Current Assets	2.84	1.97	1.42	-	-	-
Long-Term Deferred Tax Assets	3.46	3.46	3.46	-	-	-
Other Long-Term Assets	-	-	-	20.34	2.88	0.39
Total Assets	2,638	2,270	2,308	2,946	2,578	509.66
Accrued Expenses	160.37	206.65	395.91	1,014	5	0.95
Short-Term Debt	397.96	180.01	485.6	692.41	1,185	186.5
Current Portion of Long-Term Debt	-	-	-	-	34.84	38.99
Long-Term Debt	1,815	1,641	1,169	1,003	859.8	34.91
Current Income Taxes Payable	0.16	2.79	1.24	-	1.6	-
Total Liabilities	2,374	2,031	2,052	2,710	2,087	261.35
Common Stock	0.25	0.23	0.25	0.25	0.25	0.16
Additional Paid-In Capital	474.15	461.06	477.07	475.38	476.51	246.49
Retained Earnings	-209.24	-218.85	-216.24	-218.02	11.53	2.6
Comprehensive Income & Other	-1	-3.48	-4.98	-21.13	3	-1.04
Total Common Equity	264.17	238.97	256.11	236.48	491.29	248.21
Shareholders' Equity	264.17	238.97	256.11	236.48	491.39	248.31
Total Liabilities & Equity	2,638	2,270	2,308	2,946	2,578	509.66
Total Debt	2,213	1,821	1,655	1,696	2,080	260.39
Net Cash (Debt)	-2,160	-1,779	-1,613	-1,652	-2,037	-216.83
Net Cash Per Share	-90.66	-72.92	-64.68	-67.29	-97.67	-13.79
Filing Date Shares Outstanding	24.91	23.5	24.97	24.93	25.09	-
Total Common Shares Outstanding	24.91	23.5	24.97	24.93	25.23	-
Working Capital	1,810	1,545	771.78	164.29	601.92	-25.9
Book Value Per Share	10.60	10.17	10.26	9.49	19.47	-
Tangible Book Value	264.17	238.97	256.11	236.48	491.29	248.21
Tangible Book Value Per Share	10.60	10.17	10.26	9.49	19.47	-

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.