Chicago Atlantic Real Estate Finance, Inc. (REFI)

REFI Income Statement

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

Year	2023	2022	2021
Revenue	57.15	48.86	11.08
Revenue Growth (YoY)	16.97%	341.15%	-
Cost of Revenue	8.78	6.56	0.91
Gross Profit	48.36	42.3	10.17
Selling, General & Admin	5.26	3.53	0.2
Other Operating Expenses	4.57	6.47	0.4
Operating Expenses	9.83	10	0.6
Operating Income	38.53	32.29	9.57
Other Expense / Income	-0.18	-	0.08
Pretax Income	38.71	32.29	9.5
Net Income	38.71	32.29	9.5
Net Income Growth	19.87%	240.05%	-
Shares Outstanding (Basic)	18	18	6
Shares Outstanding (Diluted)	18	18	6
Shares Change	3.37%	175.12%	-
EPS (Basic)	2.14	1.83	1.47
EPS (Diluted)	2.11	1.82	1.47
EPS Growth	15.93%	23.81%	-
Free Cash Flow	28.42	17.01	6.67
Free Cash Flow Per Share	1.57	0.96	1.03
Dividend Per Share	0.940	2.100	0.260
Dividend Growth	-55.24%	707.69%	-
Gross Margin	84.63%	86.57%	91.83%
Operating Margin	67.42%	66.10%	86.43%
Profit Margin	67.74%	66.10%	85.75%
Free Cash Flow Margin	49.73%	34.81%	60.22%
EBITDA	38.71	32.29	9.5
EBITDA Margin	67.74%	66.10%	85.75%
EBIT	38.71	32.29	9.5
EBIT Margin	67.74%	66.10%	85.75%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).