Adamas Trust, Inc. (ADAM)

Adamas Trust Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	160.45	167.42	187.11	244.72	289.6	293.18
Long-Term Investments	5,201	3,942	2,161	279.31	440.48	983.82
Trading Asset Securities	0.37	0.06	6.51	2.47	-	-
Loans & Lease Receivables	4,101	3,928	3,180	3,613	3,696	3,213
Other Receivables	148.09	151.2	64.86	60.8	69.83	2.4
Property, Plant & Equipment	611.37	621.97	1,138	700.8	1,027	60.63
Other Intangible Assets	19.45	21	2.38	-	39.77	1.39
Restricted Cash	106.67	161.6	143.54	136.22	48.26	11.31
Other Current Assets	129.47	136	444.35	1,166	14.14	-
Long-Term Deferred Tax Assets	3.85	10.86	4.51	2.67	6.28	1.78
Other Long-Term Assets	70.55	77.2	68.65	35.38	27.73	88.32
Total Assets	10,552	9,217	7,401	6,241	5,658	4,656
Accrued Expenses	64.14	62.78	56.97	36.72	45.04	-
Long-Term Debt	8,918	7,561	5,269	3,377	3,065	2,246
Long-Term Leases	5.3	5.94	7.1	8.38	9.58	10.6
Long-Term Unearned Revenue	6.72	5.82	5.47	7.13	13.02	-
Other Current Liabilities	139.06	135.48	418.18	933.81	48.33	-
Long-Term Deferred Tax Liabilities	2.27	9.28	2.01	0.39	6.68	0
Other Long-Term Liabilities	20.68	25.38	14.32	13.37	38.43	91.14
Total Liabilities	9,156	7,806	5,773	4,377	3,227	2,348
Common Stock	0.9	0.91	0.91	0.91	3.79	3.78
Additional Paid-In Capital	2,282	2,289	2,297	2,283	2,357	2,343
Retained Earnings	-1,441	-1,431	-1,254	-1,053	-559.34	-551.27
Comprehensive Income & Other	-	-	-0	-1.97	1.78	0.99
Total Common Equity	841.79	859.28	1,044	1,229	1,803	1,796
Minority Interest	15.45	16.41	48.51	96.9	90.75	6.37
Shareholders' Equity	1,397	1,411	1,628	1,864	2,432	2,308
Total Liabilities & Equity	10,552	9,217	7,401	6,241	5,658	4,656
Total Debt	8,923	7,567	5,276	3,385	3,075	2,257
Net Cash (Debt)	-8,762	-7,400	-5,083	-3,138	-2,785	-1,964
Net Cash Per Share	-96.39	-81.48	-55.83	-33.27	-29.25	-21.17
Filing Date Shares Outstanding	90.31	90.57	91.23	91.41	95.32	94.87
Total Common Shares Outstanding	90.31	90.57	90.68	91.19	94.85	94.44
Working Capital	4,443	4,346	3,551	4,252	4,024	3,520
Book Value Per Share	9.32	9.49	11.52	13.48	19.01	19.02
Tangible Book Value	841.79	859.28	1,042	1,229	1,763	1,795
Tangible Book Value Per Share	9.32	9.49	11.49	13.48	18.59	19.01

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