ADAMAS TRUST, INC.

ADAMAS TRUST, INC.ADAMEarnings & Financial Report

Nasdaq · Financials · Real Estate Investment Trusts

Revenue

$19.0M

Gross Profit

N/A

Operating Profit

$-23.7M

Net Profit

$-15.6M

Gross Margin

N/A

Operating Margin

-124.7%

Net Margin

-81.9%

YoY Growth

25.8%

EPS

$-0.29

ADAMAS TRUST, INC. Q2 FY2024 Financial Summary

ADAMAS TRUST, INC. reported revenue of $19.0M (up 25.8% YoY) for Q2 FY2024, with a net profit of $-15.6M (up 42.1% YoY) (-81.9% margin).

Key Financial Metrics

Total Revenue$19.0M
Net Profit$-15.6M
Gross MarginN/A
Operating Margin-124.7%
Report PeriodQ2 FY2024

ADAMAS TRUST, INC. Annual Revenue by Year

ADAMAS TRUST, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $149.3M).

YearAnnual Revenue
2025$149.3M
2024$83.9M
2023$66.5M
2022$129.0M

ADAMAS TRUST, INC. Quarterly Revenue & Net Profit History

ADAMAS TRUST, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$43.2M+61.6%$53.5M124.0%
Q3 FY2025$36.6M+80.8%$44.8M122.5%
Q2 FY2025$36.4M+91.4%$8.5M23.4%
Q1 FY2025$33.1M+85.3%$42.2M127.4%
Q4 FY2024$26.7M+59.0%$-31.4M-117.5%
Q3 FY2024$20.2M+20.5%$42.8M211.7%
Q2 FY2024$19.0M+25.8%$-15.6M-81.9%
Q1 FY2024$17.9M+0.3%$-57.9M-324.1%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$17.9M$19.0M$20.2M$26.7M$33.1M$36.4M$36.6M$43.2M
YoY Growth0.3%25.8%20.5%59.0%85.3%91.4%80.8%61.6%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$7.45B$8.23B$8.91B$9.22B$10.00B$10.55B$12.40B$12.64B
Liabilities$5.93B$6.76B$7.43B$7.81B$8.59B$9.16B$11.00B$11.21B
Equity$1.49B$1.43B$1.44B$1.39B$1.40B$1.38B$1.39B$1.43B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-13.1M$-993000$-922000$14.1M$25.8M$39.2M$6.9M$134.0M