Angel Oak Mortgage REIT Inc. (AOMR) Financial Statements (2024 and earlier)

Company Profile

Business Address 3344 PEACHTREE ROAD NE
ATLANTA, GA 30326
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 65 - Real Estate (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments41,625,00029,272,00040,801,000
Cash and cash equivalents41,625,00029,272,00040,801,000
Total current assets:41,625,00029,272,00040,801,000
Noncurrent Assets
Long-term investments and receivables16,232,000  
Long-term investments16,232,000  
Deferred income tax assets  3,457,000 
Total noncurrent assets:16,232,0003,457,000 
Other undisclosed assets2,250,154,0002,913,483,0002,537,128,000
TOTAL ASSETS:2,308,011,0002,946,212,0002,577,929,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt193,656,00052,544,000609,251,000
Total current liabilities:193,656,00052,544,000609,251,000
Noncurrent Liabilities
Other undisclosed liabilities1,858,249,0002,657,189,0001,477,288,000
Total liabilities:2,051,905,0002,709,733,0002,086,539,000
Equity
Equity, attributable to parent256,106,000236,479,000491,390,000
Preferred stock   101,000
Common stock249,000249,000252,000
Additional paid in capital477,068,000475,379,000476,510,000
Accumulated other comprehensive income (loss)(4,975,000)(21,127,000)3,000,000
Retained earnings (accumulated deficit)(216,236,000)(218,022,000)11,527,000
Total equity:256,106,000236,479,000491,390,000
TOTAL LIABILITIES AND EQUITY:2,308,011,0002,946,212,0002,577,929,000

Income Statement (P&L) (USD)

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Operating expenses(7,531,000)(13,552,000)(7,609,000)
Operating loss:(7,531,000)(13,552,000)(7,609,000)
Interest and debt expense(67,052,000)(63,024,000)(11,476,000)
Loss from continuing operations before equity method investments, income taxes:(74,583,000)(76,576,000)(19,085,000)
Other undisclosed income (loss) from continuing operations before income taxes109,543,000(114,714,000)41,798,000
Income (loss) from continuing operations before income taxes:34,960,000(191,290,000)22,713,000
Income tax expense (benefit)(1,246,000)3,457,000(1,600,000)
Income (loss) from continuing operations:33,714,000(187,833,000)21,113,000
Income before gain (loss) on sale of properties:21,113,000
Net income (loss) attributable to parent:33,714,000(187,833,000)21,113,000
Preferred stock dividends and other adjustments  (14,000)(15,000)
Undistributed earnings (loss) allocated to participating securities, basic   
Other undisclosed net income available to common stockholders, basic   
Net income (loss) available to common stockholders, diluted:33,714,000(187,847,000)21,098,000

Comprehensive Income (USD)

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net income (loss):33,714,000(187,833,000)21,113,000
Other comprehensive income (loss)16,152,000(24,127,000)4,039,000
Comprehensive income (loss):49,866,000(211,960,000)25,152,000
Other undisclosed comprehensive loss, net of tax, attributable to parent  (14,000)(15,000)
Comprehensive income (loss), net of tax, attributable to parent:49,866,000(211,974,000)25,137,000

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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