Lument Finance Trust Income 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
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
Interest and Dividend Income	87.56	122.13	109.19	56.69	36.19	33.62
Total Interest Expense	58.45	80.77	74.8	32.81	15.51	15.19
Net Interest Income	29.1	41.36	34.39	23.87	20.68	18.43
Mortgage Banking	0.15	0.14	0.21	0.35	0.4	0.71
Other Revenue	-	-	-	-	-0.01	0
Revenue Before Loan Losses	29.25	41.49	34.6	24.22	21.07	19.14
Provision for Loan Losses	7.54	5.28	2.52	4.26	-	-
Revenue	21.71	36.22	32.08	19.96	21.07	19.14
Revenue Growth (YoY)	-40.36%	12.91%	60.68%	-5.24%	10.07%	17.66%
Cost of Services Provided	10.99	13.27	10.1	10.02	8.16	7.89
Other Operating Expenses	0.58	0.28	2.26	0.07	0.64	3.27
Total Operating Expenses	11.57	13.55	12.36	10.09	8.8	11.17
Operating Income	10.14	22.67	19.72	9.87	12.27	7.97
EBT Excluding Unusual Items	9.81	22.67	19.72	9.87	12.27	7.97
Other Unusual Items	-	-	-	-	-1.66	-
Pretax Income	9.81	22.67	19.72	9.87	10.61	7.97
Income Tax Expense	0.01	0.02	0.01	0.01	0.08	-0.48
Net Income	9.8	22.65	19.71	9.86	10.53	8.45
Preferred Dividends & Other Adjustments	4.74	4.74	4.74	4.74	3.11	0.02
Net Income to Common	5.06	17.91	14.97	5.12	7.41	8.43
Net Income Growth	-57.15%	14.89%	99.87%	-6.30%	24.59%	35.22%
Shares Outstanding (Basic)	52	52	52	48	25	25
Shares Outstanding (Diluted)	52	52	52	48	25	25
Shares Change (YoY)	0.12%	0.08%	8.04%	93.79%	0.04%	5.26%
EPS (Basic)	0.10	0.34	0.29	0.11	0.30	0.34
EPS (Diluted)	0.09	0.34	0.29	0.11	0.30	0.34
EPS Growth	-72.87%	18.59%	170.50%	-64.34%	-12.13%	200.78%
Dividend Per Share	0.260	0.310	0.260	0.240	0.360	0.325
Dividend Growth	-13.33%	19.23%	8.33%	-33.33%	10.77%	10.17%
Operating Margin	46.69%	62.59%	61.48%	49.46%	58.24%	41.66%
Profit Margin	23.32%	49.45%	46.68%	25.66%	35.20%	44.07%
Effective Tax Rate	0.07%	0.08%	0.03%	0.11%	0.73%	-

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