Adamas Trust, Inc. (ADAM)

Adamas Trust Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	149.3	83.86	66.53	128.97	127.58
Net Interest Income Growth	78.05%	26.05%	-48.42%	1.09%	0.39%
Non-Interest Income	-12.42	-42.84	-31.3	-113.58	-17.58
Revenues Before Loan Losses	136.88	41.01	35.22	15.39	110
Revenue	136.88	41.01	35.22	15.39	110
Revenue Growth (YoY)	233.75%	16.44%	128.88%	-86.01%	-
Selling, General & Admin	72.66	48.67	49.57	52.44	48.91
Other Non-Interest Expenses	50.29	43.02	23.95	40.89	26.67
Total Non-Interest Expense	122.94	91.7	73.52	93.33	75.58
Pretax Income	137.8	-92.92	-77.72	-340.11	190.93
Provision for Income Taxes	0.15	1.04	0.08	0.54	2.46
Net Income	101.11	-103.79	-90.04	-340.72	144.18
Minority Interest in Earnings	11.39	31.92	29.13	42.04	4.72
Net Income Attributable to Preferred Dividends	-47.94	-41.76	-41.37	-41.97	-49.02
Net Income to Common	101.11	-103.79	-90.04	-340.72	144.18
Shares Outstanding (Basic)	90	91	91	94	95
Shares Outstanding (Diluted)	92	91	91	94	95
Shares Change (YoY)	0.77%	-0.25%	-3.48%	-0.97%	102585.68%
EPS (Basic)	1.12	-1.14	-0.99	-3.61	1.52
EPS (Diluted)	1.10	-1.14	-0.99	-3.61	1.51
Free Cash Flow	125.89	-10.58	-20.46	-117.59	92.85
Free Cash Flow Growth	-	-	-	-	-16.01%
Free Cash Flow Per Share	1.38	-0.12	-0.22	-1.25	0.97
Dividends Per Share	0.860	0.800	1.200	1.600	1.600
Dividend Growth	7.50%	-33.33%	-25.00%	-	77.78%
Profit Margin	100.56%	-229.08%	-220.87%	-2213.44%	171.34%
FCF Margin	91.97%	-25.79%	-58.08%	-764.06%	84.41%
EBITDA	39.7	60.04	52.12	152.96	51.39
EBITDA Margin	29.01%	146.39%	147.97%	993.90%	46.71%
Effective Tax Rate	0.11%	-1.11%	-0.10%	-0.16%	1.29%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.