ADAMAS TRUST, INC.
Income Statement
| Line Item | Sep 2020 | Jun 2020 | Mar 2020 | Sep 2019 | Jun 2019 | Mar 2019 | Sep 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $116.1M | $132.9M | $-574.9M | $53.4M | $34.3M | $57.1M | $43.9M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $10.2M | $11.8M | $10.7M | $8.2M | $9.7M | $8.7M | $9.9M |
| Operating Income | $102.6M | $118.9M | $-588.8M | $41.1M | $21.9M | $44.4M | $34.0M |
| Operating Margin | 88.4% | 89.4% | 102.4% | 77.0% | 63.8% | 77.8% | 77.4% |
| Interest Expense | $19.8M | $19.4M | $163.5M | $147.6M | $141.6M | $121.8M | $90.6M |
| Pretax Income | $102.6M | $118.9M | $-588.8M | $41.1M | $21.9M | $44.4M | $34.0M |
| Income Tax Expense | $-772.0K | $1.9M | $-239.0K | $-187.0K | $-134.0K | $74.0K | $-454.0K |
| Net Income | $101.6M | $117.8M | $-588.4M | $41.4M | $22.7M | $44.1M | $34.0M |
| Net Margin | 87.6% | 88.6% | 102.3% | 77.5% | 66.4% | 77.3% | 77.4% |
| EPS (Basic) | $0.24 | $0.28 | $-1.71 | $0.15 | $0.08 | $0.22 | $0.21 |
| EPS (Diluted) | $0.23 | $0.28 | $-1.71 | $0.15 | $0.08 | $0.21 | $0.20 |
| Shares Outstanding (Basic) | 377.7M | 377.5M | 350.9M | 234.0M | 200.7M | 174.4M | 132.4M |
| Shares Outstanding (Diluted) | 399.7M | 400.0M | 350.9M | 255.5M | 202.4M | 195.0M | 152.7M |
| Dividends Per Share | $0.08 | $0.05 | $0.00 | $0.20 | $0.20 | $0.20 | $0.20 |