Financial insights of LFT

MyFinsight

For the quarter ending 2025-09-30, LFT made $20,844,360 in revenue. $658,597 in net income. Net profit margin of 3.16%.

Unit: Dollar

Income Statement	2025-09-30
Commercial mortgage loans held-for-investment	17,696,281
Cash and cash equivalents	592,519
Collateralized loan obligations and secured financings	12,213,561
Secured term loan	1,023,777
Net interest income	5,051,462
Management and incentive fees	1,099,959
General and administrative expenses	1,144,444
Operating expenses reimbursable to manager	451,778
Other operating expenses	-269,732
Compensation expense	111,250
Total expenses	3,077,163
Release of (provision for) credit losses, net	-29,660
Net income (expense) from real estate owned operations	-188,945
Change in unrealized loss on mortgage servicing rights	-24,700
Servicing income, net	50,423
Total other income and expense	-133,562
Net income before provision for income taxes	1,840,737
Benefit from (provision for) income taxes	-2,902
Net income	1,843,639
Dividends accrued to preferred stockholders	1,185,042
Net income attributable to common stockholders (basic)	658,597

Basic income per share (in dollars per share)	0.01
Basic weighted average shares of common stock (in shares)	52,352,469
Diluted income per share (in dollars per share)	0.01
Weighted average number of shares of common stock outstanding (in shares)	52,352,469