New York Mortgage Pref Share NYMTM 7.875 Perp 01/15/25 E | 10-Q: FY2025 Q2 EPS: USD -0.04

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

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

Segment Revenue

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

Operational Metrics

• Net Income (Loss): $41,505 for the six months ended June 30, 2025, compared to - $104,141 for the same period in 2024.
• Total Net Interest Income: $69,545 for the six months ended June 30, 2025, compared to $36,907 for the same period in 2024.
• Total Net Loss from Real Estate: - $5,249 for the six months ended June 30, 2025, compared to - $29,473 for the same period in 2024.
• Total Other (Loss) Income: $22,689 for the six months ended June 30, 2025, compared to - $63,401 for the same period in 2024.
• General, Administrative and Operating Expenses: $44,993 for the six months ended June 30, 2025, compared to $47,942 for the same period in 2024.

Cash Flow

• Net Cash Provided by (Used in) Operating Activities: $65,038 for the six months ended June 30, 2025, compared to - $14,123 for the same period in 2024.
• Net Cash Used in Investing Activities: - $1,154,190 for the six months ended June 30, 2025, compared to - $826,115 for the same period in 2024.
• Net Cash Provided by Financing Activities: $1,027,246 for the six months ended June 30, 2025, compared to $877,746 for the same period in 2024.

Unique Metrics

• Unrealized Gains (Losses), Net: $142,818 for the six months ended June 30, 2025, compared to - $55,902 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. The current investment portfolio includes credit-sensitive single-family and multi-family assets, as well as other types of fixed-income investments such as Agency RMBS.
• 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

• Strategic Plans: The Company plans to continue focusing on its core business areas with measurable goals such as growth targets, margin improvement, and market expansion. The emphasis is on strategies with concrete projections or quantitative indicators over generic or vague statements.