Adamas Trust, Inc.ADAM

NasdaqReal EstateReal Estate Investment Trusts
Price (close)
$8.14
Market cap
$731.6M
P/E
3.6x
Revenue (TTM)
—
Net income
$202.1M
Dividend yield
12.65%
1-year total return
30.9%
Net margin
—
Revenue growth
—
Debt / equity
0.19x

What Adamas Trust, Inc. does.

In this Annual Report on Form 10-K we refer to Adamas Trust, Inc., together with its consolidated subsidiaries, as “Adamas,” “we,” “us,” “Company,” or “our,” unless we specifically state otherwise or the context indicates otherwise, and we refer to our wholly-owned taxable real estate investment trust (“REIT”) subsidiaries as “TRSs” and our wholly-owned qualified REIT subsidiaries as “QRSs.” In addition, the following defines certain of the commonly used terms in this report:

• “ABS” refers to debt and/or equity tranches of securitizations backed by various asset classes including, but not limited to, automobiles, aircraft, credit cards, equipment, franchises, recreational vehicles and student loans;

• “Agency RMBS” refers to RMBS representing interests in or obligations backed by pools of residential loans guaranteed by a government sponsored enterprise (“GSE”), such as the Federal National Mortgage Association (“Fannie Mae”) or the Federal Home Loan Mortgage Corporation (“Freddie Mac”), or an agency of the U.S. government, such as the Government National Mortgage Association (“Ginnie Mae”);

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income-$288.5M$193.2M-$298.6M-$48.7M-$62.0M$149.0M
Free cash flow$110.5M$92.9M-$117.6M-$20.5M-$10.6M$125.9M

More on ADAM.

Figures from Adamas Trust, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.