Lument Finance Trust, Inc. (LFT)

Lument Finance Trust Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	109	122.13	109.19	56.69	36.19	33.62
Total Interest Expense	72.9	80.77	74.8	32.81	15.51	15.19
Net Interest Income	36.1	41.36	34.39	23.87	20.68	18.43
Mortgage Banking	0.16	0.14	0.21	0.35	0.4	0.71
Other Revenue	-0.03	-	-	-	-0.01	0
Revenue Before Loan Losses	36.24	41.49	34.6	24.22	21.07	19.14
Provision for Loan Losses	9.2	5.28	2.52	4.26	-	-
Revenue	27.04	36.22	32.08	19.96	21.07	19.14
Revenue Growth (YoY)	-22.43%	12.91%	60.68%	-5.24%	10.07%	17.66%
Cost of Services Provided	11.6	13.27	10.1	10.02	8.16	7.89
Other Operating Expenses	0.28	0.28	2.26	0.07	0.64	3.27
Total Operating Expenses	11.88	13.55	12.36	10.09	8.8	11.17
Operating Income	15.16	22.67	19.72	9.87	12.27	7.97
EBT Excluding Unusual Items	15.16	22.67	19.72	9.87	12.27	7.97
Other Unusual Items	-	-	-	-	-1.66	-
Pretax Income	15.16	22.67	19.72	9.87	10.61	7.97
Income Tax Expense	0.02	0.02	0.01	0.01	0.08	-0.48
Net Income	15.15	22.65	19.71	9.86	10.53	8.45
Preferred Dividends & Other Adjustments	4.74	4.74	4.74	4.74	3.11	0.02
Net Income to Common	10.41	17.91	14.97	5.12	7.41	8.43
Net Income Growth	-27.63%	14.89%	99.87%	-6.30%	24.59%	35.22%
Shares Outstanding (Basic)	52	52	52	48	25	25
Shares Outstanding (Diluted)	53	52	52	48	25	25
Shares Change (YoY)	1.89%	0.08%	8.04%	93.79%	0.04%	5.26%
EPS (Basic)	0.20	0.34	0.29	0.11	0.30	0.34
EPS (Diluted)	0.19	0.34	0.29	0.11	0.30	0.34
EPS Growth	-37.86%	18.59%	170.50%	-64.34%	-12.13%	200.78%
Dividend Per Share	0.320	0.310	0.260	0.240	0.360	0.325
Dividend Growth	18.52%	19.23%	8.33%	-33.33%	10.77%	10.17%
Operating Margin	56.08%	62.59%	61.48%	49.46%	58.24%	41.66%
Profit Margin	38.49%	49.45%	46.68%	25.66%	35.20%	44.07%
Effective Tax Rate	0.11%	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