Chicago Atlantic Real Estate Finance, Inc. (REFI)

NASDAQ: REFI · Real-Time Price · USD

10.88

+0.20 (1.87%)

Aug 31, 2026, 4:00 PM EDT - Market closed

REFI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash & Equivalents	13.35	14.95	26.4	7.9	5.72	80.25
Long-Term Investments	-	-	-	0.84	-	-
Loans & Lease Receivables	439.14	403.89	403.47	348.67	335.33	196.85
Other Receivables	9.01	5.83	4.98	1.45	1.42	0.2
Long-Term Deferred Charges	0.2	0.25	0.31	0.37	0.81	0.87
Total Assets	461.7	424.92	435.15	359.23	343.27	278.17

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	0.9	0.77	1.09	1.13	0.96	0.21
Accrued Expenses	5.81	4.46	5.31	4.32	5.16	7.44
Long-Term Debt	140.5	98.43	104.1	66	58	-
Other Current Liabilities	10.64	11.16	13.61	13.87	13.62	4.54
Other Long-Term Liabilities	2.2	2.28	2.09	2.05	1.49	1.9
Total Liabilities	160.05	117.1	126.19	87.37	79.24	14.09

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	0.21	0.21	0.21	0.18	0.18	0.17
Additional Paid-In Capital	324.95	323.13	318.89	277.48	269	264.08
Retained Earnings	-23.51	-15.52	-10.14	-5.81	-5.14	-0.18
Shareholders' Equity	301.65	307.81	308.96	271.85	264.03	264.08
Total Liabilities & Equity	461.7	424.92	435.15	359.23	343.27	278.17

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	140.5	98.43	104.1	66	58	-
Net Cash (Debt)	-127.15	-83.49	-77.7	-58.1	-52.28	80.25
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.90	-3.90	-3.94	-3.17	-2.95	12.44
Filing Date Shares Outstanding	25.62	21.08	20.89	18.2	18.08	17.75
Total Common Shares Outstanding	21.31	21.08	20.83	18.2	17.77	17.45
Working Capital	444.16	408.28	414.84	338.7	322.72	265.11
Book Value Per Share	14.15	14.60	14.83	14.94	14.86	15.13
Tangible Book Value	301.65	307.81	308.96	271.85	264.03	264.08
Tangible Book Value Per Share	14.15	14.60	14.83	14.94	14.86	15.13

SEC Filings: 10-K · 10-Q