NEW YORK MORTGAGE TRUST INC 8% SERIS D FXD TO FLOTIG RTE CUM RED PRE | 10-Q: FY2025 Q2 Revenue: USD 140.9 M

Revenue: As of FY2025 Q2, the actual value is USD 140.9 M.

EPS: As of FY2025 Q2, the actual value is USD -0.04.

EBIT: As of FY2025 Q2, the actual value is USD 4.279 M.

Segment Revenue

• Residential Loans: $4,026,027 as of June 30, 2025, compared to $3,841,738 as of December 31, 2024.
• Investment Securities Available for Sale: $5,109,601 as of June 30, 2025, compared to $3,828,544 as of December 31, 2024.
• Multi-Family Loans: $74,999 as of June 30, 2025, compared to $86,192 as of December 31, 2024.
• Equity Investments: $91,440 as of June 30, 2025, compared to $113,492 as of December 31, 2024.

Operational Metrics

• Net Income: $41,505 for the six months ended June 30, 2025, compared to a net loss of - $104,141 for the same period in 2024.
• Operating Costs: Total expenses related to real estate were $46,542 for the six months ended June 30, 2025, compared to $104,016 for the same period in 2024.

Cash Flow

• Operating Cash Flow: $65,038 for the six months ended June 30, 2025, compared to - $14,123 for the same period in 2024.

Unique Metrics

• Unrealized Gains (Losses): $142,818 in net unrealized gains for the six months ended June 30, 2025, compared to - $55,902 in net unrealized losses for the same period in 2024.
• Impairment of Real Estate: - $7,818 for the six months ended June 30, 2025, compared to - $40,319 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company aims to generate long-term stable earnings for distribution to stockholders over changing economic conditions with a diversified investment portfolio.
• Non-Core Business: The company is repositioning its business through the opportunistic disposition over time of its joint venture equity investments in multi-family properties and reallocation of its capital away from such assets to its targeted assets.
• Priority: Emphasis on obtaining non-recourse, longer-term financing on a portion of its residential loan portfolio and opportunistic disposition of non-core assets.