Lument Finance Trust, Inc. (LFT)

Lument Finance Trust Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	122.43	109.19	56.69	36.19	33.62	39.06
Total Interest Expense	83.29	74.8	32.81	15.51	15.19	23.64
Net Interest Income	39.14	34.39	23.87	20.68	18.43	15.41
Mortgage Banking	0.2	0.21	0.35	0.4	0.71	0.87
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.71
Other Revenue	-	-	-	-0.01	0	0.69
Revenue Before Loan Losses	39.34	34.6	24.22	21.07	19.14	16.27
Provision for Loan Losses	4.48	2.52	4.26	-	-	-
Revenue	34.85	32.08	19.96	21.07	19.14	16.27
Cost of Services Provided	11.72	10.1	10.02	8.16	7.89	8.4
Other Operating Expenses	2.18	2.26	0.07	0.64	3.27	1.66
Total Operating Expenses	13.9	12.36	10.09	8.8	11.17	10.06
Operating Income	20.95	19.72	9.87	12.27	7.97	6.21
EBT Excluding Unusual Items	20.95	19.72	9.87	12.27	7.97	6.21
Other Unusual Items	-	-	-	-1.66	-	-
Pretax Income	20.95	19.72	9.87	10.61	7.97	6.21
Income Tax Expense	0.03	0.01	0.01	0.08	-0.48	-0.04
Net Income	20.93	19.71	9.86	10.53	8.45	6.25
Preferred Dividends & Other Adjustments	4.74	4.74	4.74	3.11	0.02	3.58
Net Income to Common	16.19	14.97	5.12	7.41	8.43	2.66
Net Income Growth	65.11%	99.87%	-6.30%	24.59%	35.22%	-
Shares Outstanding (Basic)	52	52	48	25	25	24
Shares Outstanding (Diluted)	52	52	48	25	25	24
Shares Change (YoY)	-0.09%	8.04%	93.79%	0.05%	5.26%	0.31%
EPS (Basic)	0.31	0.29	0.11	0.30	0.34	0.11
EPS (Diluted)	0.31	0.29	0.11	0.30	0.34	0.11
EPS Growth	102.08%	170.50%	-64.34%	-12.13%	200.78%	-
Free Cash Flow	27.95	24.74	16.29	13.85	12.22	7.28
Free Cash Flow Per Share	0.54	0.47	0.34	0.56	0.49	0.31
Dividend Per Share	0.270	0.260	0.240	0.360	0.325	0.295
Dividend Growth	12.50%	8.33%	-33.33%	10.77%	10.17%	5.73%
Profit Margin	60.04%	61.46%	49.41%	49.97%	44.15%	38.41%
Effective Tax Rate	0.13%	0.03%	0.11%	0.73%	-	-

Source: S&P Capital IQ. Financial Services template.