All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 5 read as filed from the record and 4 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2021; the latest 2022-04-01.
From the record
Chicago Atlantic Real Estate Finance, Inc.'s filings since 2021 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2022-04-01) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
SI estimate 5.0/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Chicago Atlantic Real Estate Finance, Inc.'s track record is put at 5.0 of 10 with a confidence of 20 of 100, because fewer than three filed years of revenue on file, so the desk assumes the typical reading of its industry family, the median of 156 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
How has it treated the people who own it?
Share count grew 6.5% a year. 100% of cash flow returned. Insiders: 0 sales, 17 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, Chicago Atlantic Real Estate Finance, Inc.'s diluted share count grew about 6.5% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 17 purchases of their own stock on the open market in the year to 2026-09-30, buying about $2 million (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 12%: 12¢ of profit per shareholder dollar. Leverage 28%: owes 28¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Chicago Atlantic Real Estate Finance, Inc. earned about 12 cents of profit for every dollar of shareholders' money. Leverage: it owed about 28 cents per dollar of assets, and net share issuance: its share count grew 8.7% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 48% of 157 in its family; net margin 66.1%.
From the record
Chicago Atlantic Real Estate Finance, Inc.'s standing among 157 graded names in its industry family: revenue of $49 million in fiscal 2022 ranks in the bottom 8% by size; a net margin of 66.1% ranks in the top 5% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 43% of 160 in its family for leadership; chief executive since 2024.
From the record
Chicago Atlantic Real Estate Finance, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Sack, Peter (Co-Chief Executive Officer, as filed), filing under that title since 2024-04-03, 2.6 years (bottom 17% of its family); most of the 8 officers and directors filing now have filed since the record of its people begins (2021-12-07), a floor of 4.9 years the record cannot see past, so that part is not read; 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (top 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
SI estimate 6.0/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Chicago Atlantic Real Estate Finance, Inc.'s room to expand is put at 6.0 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 41% of 172 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.
What could actually drive growth from here?
SI estimate 5.0/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Chicago Atlantic Real Estate Finance, Inc.'s growth drivers is put at 5.0 of 10 with a confidence of 20 of 100, because the record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending, so the desk assumes the typical reading of its industry family, the median of 154 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
Did its newest year beat what its own record pointed to?
SI estimate 5.0/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Chicago Atlantic Real Estate Finance, Inc.'s expectations vs reality is put at 5.0 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 150 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made