Adamas Trust Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	164.61	149.3	83.86	66.53	128.97	127.58
Net Interest Income Growth	66.13%	78.05%	26.05%	-48.42%	1.09%	0.39%
Non-Interest Income	-12.79	-12.42	-42.84	-31.3	-113.58	-17.58
Revenues Before Loan Losses	151.83	136.88	41.01	35.22	15.39	110
Revenue	151.83	136.88	41.01	35.22	15.39	110
Revenue Growth (YoY)	115.72%	233.75%	16.44%	128.88%	-86.01%	-
Selling, General & Admin	84.73	72.66	48.67	49.57	52.44	48.91
Other Non-Interest Expenses	53.14	50.29	43.02	23.95	40.89	26.67
Total Non-Interest Expense	137.87	122.94	91.7	73.52	93.33	75.58
Pretax Income	186.81	137.8	-92.92	-77.72	-340.11	190.93
Provision for Income Taxes	-0.34	0.15	1.04	0.08	0.54	2.46
Net Income	107.72	101.11	-103.79	-90.04	-340.72	144.18
Minority Interest in Earnings	-31.66	11.39	31.92	29.13	42.04	4.72
Net Income Attributable to Preferred Dividends	-47.78	-47.94	-41.76	-41.37	-41.97	-49.02
Net Income to Common	107.72	101.11	-103.79	-90.04	-340.72	144.18
Shares Outstanding (Basic)	90	90	91	91	94	95
Shares Outstanding (Diluted)	91	92	91	91	94	95
Shares Change (YoY)	0.75%	0.77%	-0.25%	-3.48%	-0.97%	-
EPS (Basic)	1.19	1.12	-1.14	-0.99	-3.61	1.52
EPS (Diluted)	1.17	1.10	-1.14	-0.99	-3.61	1.51
Shares Outstanding	89.86	90.3	90.58	90.68	91.19	94.85
Free Cash Flow	84.62	125.89	-10.58	-20.46	-117.59	92.85
Free Cash Flow Growth	-32.78%	-	-	-	-	-16.01%
Free Cash Flow Per Share	0.92	1.38	-0.12	-0.22	-1.25	0.97
Dividends Per Share	0.890	0.860	0.800	1.200	1.600	1.600
Dividend Growth	3.49%	7.50%	-33.33%	-25.00%	-	77.78%
Profit Margin	123.27%	100.56%	-229.08%	-220.87%	-2213.44%	171.34%
FCF Margin	55.73%	91.97%	-25.79%	-58.08%	-764.06%	84.41%
EBITDA	39.06	39.7	60.04	52.12	152.96	51.39
EBITDA Margin	25.73%	29.01%	146.39%	147.97%	993.90%	46.72%
Effective Tax Rate	-0.18%	0.11%	-1.11%	-0.10%	-0.16%	1.29%