Lument Finance Trust, Inc. (LFT)

Lument Finance Trust Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	122.13	109.19	56.69	36.19	33.62
Total Interest Expense	80.77	74.8	32.81	15.51	15.19
Net Interest Income	41.36	34.39	23.87	20.68	18.43
Mortgage Banking	0.14	0.21	0.35	0.4	0.71
Other Revenue	-	-	-	-0.01	0
Revenue Before Loan Losses	41.49	34.6	24.22	21.07	19.14
Provision for Loan Losses	5.28	2.52	4.26	-	-
Revenue	36.22	32.08	19.96	21.07	19.14
Revenue Growth (YoY)	12.91%	60.68%	-5.24%	10.07%	17.66%
Cost of Services Provided	13.27	10.1	10.02	8.16	7.89
Other Operating Expenses	0.28	2.26	0.07	0.64	3.27
Total Operating Expenses	13.55	12.36	10.09	8.8	11.17
Operating Income	22.67	19.72	9.87	12.27	7.97
EBT Excluding Unusual Items	22.67	19.72	9.87	12.27	7.97
Other Unusual Items	-	-	-	-1.66	-
Pretax Income	22.67	19.72	9.87	10.61	7.97
Income Tax Expense	0.02	0.01	0.01	0.08	-0.48
Net Income	22.65	19.71	9.86	10.53	8.45
Preferred Dividends & Other Adjustments	4.74	4.74	4.74	3.11	0.02
Net Income to Common	17.91	14.97	5.12	7.41	8.43
Net Income Growth	14.89%	99.87%	-6.30%	24.59%	35.22%
Shares Outstanding (Basic)	52	52	48	25	25
Shares Outstanding (Diluted)	52	52	48	25	25
Shares Change (YoY)	0.08%	8.04%	93.79%	0.04%	5.26%
EPS (Basic)	0.34	0.29	0.11	0.30	0.34
EPS (Diluted)	0.34	0.29	0.11	0.30	0.34
EPS Growth	18.59%	170.50%	-64.34%	-12.13%	200.78%
Dividend Per Share	0.310	0.260	0.240	0.360	0.325
Dividend Growth	19.23%	8.33%	-33.33%	10.77%	10.17%
Operating Margin	62.59%	61.48%	49.46%	58.24%	41.66%
Profit Margin	49.45%	46.68%	25.66%	35.20%	44.07%
Effective Tax Rate	0.08%	0.03%	0.11%	0.73%	-

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q