REFI - Chicago Atlantic Real Estate Finance GAAP EPS of $0.60 beats by $0.09 revenue of $14.91M beats by $0.48M
2023-05-09 07:12:54 ET
- Chicago Atlantic Real Estate Finance press release ( NASDAQ: REFI ): Q1 GAAP EPS of $0.60 beats by $0.09 .
- Revenue of $14.91M (+52.8% Y/Y) beats by $0.48M .
- Tony Cappell, Chief Executive Officer, added, “Our portfolio has continued to perform well with the percentage of floating rate loans increasing to 88%, the weighted average yield to maturity remaining above 19% and our loan to values well below the rest of the lenders in the industry. The balance sheet is under levered, and we have over $50 million of liquidity available to selectively fund the best operators in the cannabis industry.”
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Chicago Atlantic Real Estate Finance GAAP EPS of $0.60 beats by $0.09, revenue of $14.91M beats by $0.48M