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Chicago Atlantic Real Estate Finance, Inc. (REFI)

Nasdaq: REFI · Real Estate Investment Trusts · Chicago, IL · filing with the SEC since 2021
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Grade5.3
◀ Past 4.6● Present 5.7▶ Future 5.2
4 est.
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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Report filedMar 12, 2026Mar 12, 2025Mar 12, 2024Mar 9, 2023Apr 14, 2022
Revenue···48,857,628·
For lenders
Interest and dividend income62,936,04062,104,09262,900,00451,471,766·
Interest and investment income··2,000,0006,920,388·
Interest expense on deposits and borrowings7,545,6417,153,2075,752,908··
Net interest income55,390,39954,950,88557,147,09648,857,628r·
Provision for credit losses731,051-583,298940,3853,887,405·
Net interest income after provision···0·
Noninterest expense19,544,92117,737,30618,617,24116,565,151·
General and administrative5,304,4515,388,9675,260,2873,528,322·
Total operating expenses···16,565,151·
Interest expense6,943,3056,802,7445,113,5242,024,299·
Income before income taxes36,010,47837,045,40338,710,24832,292,477·
Income tax expense0000·
Net income36,010,47837,045,40338,710,24832,292,477·
Earnings per share, basic1.711.922.141.83·
Earnings per share, diluted1.681.882.111.82·
Weighted average shares, basic21,003,63519,279,50118,085,08817,653,765·
Weighted average shares, diluted21,431,65019,713,91618,343,72517,746,214·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther
us-gaap:InvestmentIncomeInterest
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
us-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton REFI · research, not advice