Lument Finance Trust, Inc. (LFTPA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
230 PARK AVENUE NEW YORK, NY 10169 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 69,173 | 51,247 | 43,859 | 14,749 | 11,376 | 10,942 | |||
| Cash and cash equivalent | 69,173 | 51,247 | 43,859 | 14,749 | 11,376 | 10,942 | |||
| Deferred costs | 40 | ||||||||
| Total current assets: | 69,173 | 51,247 | 43,859 | 14,749 | 11,376 | 10,982 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed assets | 1,059,421 | 1,395,685 | 1,084,107 | 1,034,174 | 610,114 | 646,920 | |||
| TOTAL ASSETS: | 1,128,594 | 1,446,932 | 1,127,966 | 1,048,923 | 621,490 | 657,902 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 47,470 | 47,220 | 46,971 | 46,846 | 39,556 | 39,384 | |||
| Long-term debt, excluding current maturities | 47,470 | 47,220 | 46,971 | 46,846 | 39,556 | 39,384 | |||
| Total noncurrent liabilities: | 47,470 | 47,220 | 46,971 | 46,846 | 39,556 | 39,384 | |||
| Other undisclosed liabilities | 843,225 | 1,158,920 | 837,993 | 832,702 | 468,230 | 509,873 | |||
| Total liabilities: | 890,695 | 1,206,140 | 884,964 | 879,548 | 507,787 | 549,257 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 237,800 | 240,693 | 242,902 | 169,276 | 113,604 | 108,545 | |||
| Preferred stock | 57,255 | 57,255 | 57,255 | 57,255 | |||||
| Common stock | 523 | 522 | 522 | 249 | 249 | 237 | |||
| Additional paid in capital | 314,700 | 314,587 | 314,598 | 233,834 | 233,850 | 228,135 | |||
| Retained earnings | 70,023 | 47,374 | 31,251 | 21,387 | 10,860 | 2,410 | |||
| Other undisclosed equity, attributable to parent | (204,702) | (179,046) | (160,724) | (143,449) | (131,356) | (122,237) | |||
| Equity, attributable to noncontrolling interest | 100 | 100 | 100 | 100 | 100 | 100 | |||
| Total equity: | 237,899 | 240,792 | 243,001 | 169,376 | 113,703 | 108,645 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,128,594 | 1,446,932 | 1,127,966 | 1,048,923 | 621,490 | 657,902 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 122,129 | 109,194 | 56,685 | 36,191 | 33,617 | 38,979 | ||
| Net investment income | 122,129 | 109,194 | 56,685 | 36,191 | 33,617 | 38,979 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (5,275) | (2,524) | (4,259) | |||||
| Other undisclosed gross profit | ||||||||
| Gross profit: | 116,854 | 106,670 | 52,426 | 36,191 | 33,617 | 38,979 | ||
| Operating expenses | (4,398) | (3,621) | (3,468) | (2,880) | (3,519) | (6,580) | ||
| Other operating expense, net | (234) | (2,158) | (310) | (281) | (1,493) | (361) | ||
| Operating income: | 112,221 | 100,891 | 48,649 | 33,030 | 28,605 | 32,038 | ||
| Interest and debt expense | (1,664) | (1,030) | (1,007) | |||||
| Income from continuing operations before income taxes: | 112,221 | 100,891 | 48,649 | 31,366 | 27,575 | 31,031 | ||
| Income tax expense (benefit) | (19) | (6) | (11) | (78) | 476 | 44 | ||
| Income from continuing operations: | 112,202 | 100,885 | 48,638 | 31,288 | 28,051 | 31,075 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 31,288 | 28,051 | 31,075 | |
| Net income: | 112,202 | 100,885 | 48,638 | 31,288 | 28,051 | 31,075 | ||
| Other undisclosed net loss attributable to parent | (89,553) | (81,170) | (38,774) | (20,761) | (19,602) | (24,826) | ||
| Net income attributable to parent: | 22,649 | 19,714 | 9,864 | 10,527 | 8,450 | 6,249 | ||
| Preferred stock dividends and other adjustments | (4,740) | (4,740) | (4,740) | (3,113) | (15) | (492) | ||
| Other undisclosed net loss available to common stockholders, basic | (3,093) | |||||||
| Net income available to common stockholders, diluted: | 17,909 | 14,974 | 5,124 | 7,415 | 8,435 | 2,664 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 112,202 | 100,885 | 48,638 | 31,288 | 28,051 | 31,075 | ||
| Comprehensive income: | 112,202 | 100,885 | 48,638 | 31,288 | 28,051 | 31,075 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (28,411) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 112,202 | 100,885 | 48,638 | 31,288 | 28,051 | 2,664 | ||
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.