---
title: "Chicago Atlantic Real Estate Finance | 8-K: FY2025 Q3 Revenue: USD 15.25 M"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/264213741.md"
published_at: "2025-11-04T12:05:47.000Z"
---

# Chicago Atlantic Real Estate Finance | 8-K: FY2025 Q3 Revenue: USD 15.25 M

Revenue: As of FY2025 Q3, the actual value is USD 15.25 M.

EPS: As of FY2025 Q3, the actual value is USD 0.42, missing the estimate of USD 0.43.

EBIT: As of FY2025 Q3, the actual value is USD -4.751 M.

### Segment Revenue

-   The company has closed over $3.2 billion in loans since its inception, with $2.5 billion made to cannabis operators as of September 30, 2025.
-   Outstanding loan principal stands at $399.9 million as of September 30, 2025.

### Operational Metrics

-   Gross portfolio yield is 16.5% as of September 30, 2025.
-   Loan to enterprise value ratio is 43.5% and real estate collateral coverage is 1.2x as of September 30, 2025.
-   Net interest income for the three months ended September 30, 2025, was $13,685,274, compared to $14,459,393 for the same period in 2024.
-   Total expenses before provision for expected credit losses were $4,193,515 for the three months ended September 30, 2025, compared to $4,237,354 for the same period in 2024.
-   Net income for the three months ended September 30, 2025, was $8,934,539, compared to $11,211,636 for the same period in 2024.
-   Distributable earnings for the three months ended September 30, 2025, were $10,522,142, compared to $11,159,241 for the same period in 2024.
-   Gross unlevered weighted average yield to maturity was 16.5% as of September 30, 2025, compared to 18.2% as of September 30, 2024.
-   Debt/equity ratio as of September 30, 2025, was 32.8%, compared to 18.3% as of September 30, 2024.

### Cash Flow

-   No specific cash flow data provided in the reference.

### Unique Metrics

-   The company has a diversified portfolio with 110+ cannabis loans closed across the platform.
-   The portfolio is diversified by size, interest rate type, and geography, with significant exposure in states like Ohio, Michigan, and Missouri.

### Outlook / Guidance

-   The company aims to provide risk-adjusted total returns for stockholders through consistent dividends and capital appreciation.
-   The U.S. cannabis industry is projected to grow to $69 billion in retail sales by 2031, presenting significant growth opportunities for the company.
-   Chicago Atlantic affirmed its outlook previously issued on March 12, 2025, indicating a focus on generating net growth in the loan portfolio for 2025 and delivering strong, risk-adjusted returns to stockholders.

### Related Stocks

- [REFI.US - Chicago Atlantic Real Estate Finance](https://longbridge.com/en/quote/REFI.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Chicago Atlantic Real Estate Finance 宣布 2025 年季度股息为 0.47 美元 | 芝加哥大西洋房地产金融公司（Chicago Atlantic Real Estate Finance Inc.）已宣布 2025 年每股现金分红为 0.47 美元，支付日期定于 2025 年 4 月 15 日、7 月 15 日、10 月 1 | [Link](https://longbridge.com/en/news/274145919.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.