Angel Oak Mortgage REIT Cash Flow Statement

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	2018 - 2019
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	2018 - 2019
Net Income	17.65	28.75	33.71	-187.83	21.11	0.74	Upgrade
Other Amortization	5.14	5.01	3.61	1.05	0.46	0.06	Upgrade
Gain on Sale of Loans & Receivables	10.5	12.03	40.38	8.72	4.93	20.79	Upgrade
Loss (Gain) From Sale of Investments	-1.65	-24.33	-64.95	-	-	-0.11	Upgrade
Provision for Credit Losses	-	-	-	201.75	2.39	2.14	Upgrade
Stock-Based Compensation	1.11	2.04	1.69	5.75	1.72	-	Upgrade
Change in Accounts Payable	0.86	0.11	-1.73	1.27	1.18	-0.33	Upgrade
Change in Income Taxes	-2.62	1.54	1.24	-3.46	-	-	Upgrade
Change in Other Net Operating Assets	-410.49	-246.59	292.45	-367.75	-1,602	10.77	Upgrade
Other Operating Activities	-	-	-	9.37	0.64	0.36	Upgrade
Operating Cash Flow	-379.51	-221.43	306.4	-331.13	-1,568	34.41	Upgrade
Operating Cash Flow Growth	-	-	-	-	-	-47.87%	Upgrade
Investment in Securities	55.66	120.81	-198.44	656.43	-449.72	-60.91	Upgrade
Net Decrease (Increase) in Loans Originated / Sold - Investing	0.02	0.03	4.34	7.9	-10.77	8.48	Upgrade
Investing Cash Flow	55.68	120.84	-194.11	664.33	-460.48	-52.44	Upgrade
Short-Term Debt Issued	-	-	141.11	7.69	430.96	-	Upgrade
Long-Term Debt Issued	-	624.19	233.32	675.36	1,451	-	Upgrade
Total Debt Issued	786.25	624.19	374.43	683.05	1,882	-	Upgrade
Short-Term Debt Repaid	-	-304.25	-349.26	-556.71	-	-45.8	Upgrade
Long-Term Debt Repaid	-	-170.47	-100.9	-422.84	-60.59	-56.55	Upgrade
Total Debt Repaid	-434.03	-474.72	-450.16	-979.54	-60.59	-102.35	Upgrade
Net Debt Issued (Repaid)	352.22	149.47	-75.73	-296.49	1,822	-102.35	Upgrade
Preferred Share Repurchases	-	-	-	-0.13	-	-	Upgrade
Issuance of Common Stock	11.81	1.88	-	-	233.06	234.02	Upgrade
Repurchase of Common Stock	-	-19.95	-	-6.86	-4.66	-	Upgrade
Common Dividends Paid	-30.49	-31.04	-31.93	-41.7	-12.17	-76.7	Upgrade
Preferred Dividends Paid	-	-	-	-0.01	-0.02	-0.02	Upgrade
Total Dividends Paid	-30.49	-31.04	-31.93	-41.72	-12.19	-76.72	Upgrade
Other Financing Activities	-1.02	-1.37	-	-0.46	-3	-0.15	Upgrade
Financing Cash Flow	332.52	98.99	-107.66	-345.65	2,035	54.8	Upgrade
Net Cash Flow	8.7	-1.6	4.64	-12.45	6.34	36.77	Upgrade
Cash Interest Paid	80.03	66.31	65.17	61.61	10.29	7.83	Upgrade

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