<span item_type="fundamental" item_id="3edfbcaa6fe4126672a43c5cf5f8b867" counter_id="ST/US/ADAMG" env="prod"></span><span item_type="announcement" item_id="576986246202334849" env="prod"></span><p>營收：截至 2025 財年 Q3，公佈值為 1.61 億美元。</p><p>每股收益：截至 2025 財年 Q3，公佈值為 0.36 美元。</p><p>息税前利潤：截至 2025 財年 Q3，公佈值為 2.9 百萬美元。</p><p></p><h3>財務指標概覽</h3><h4>收入</h4><ul><li>第三季度利息收入為 1.606 億美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>來自房地產的收入為 1910 萬美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li></ul><h4>運營指標</h4><ul><li>淨利息收入為 3660 萬美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>房地產淨虧損為-390 萬美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>實現損失淨額為-560 萬美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>未實現收益淨額為 5485.2 萬美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>衍生工具淨損失為-1300.6 萬美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>公司普通股股東應占淨收入為 32,702 千美元。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/exhibit991q32025.htm"></span></li><li>總一般、行政和運營費用為 41,825 千美元。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/exhibit991q32025.htm"></span></li></ul><h4>現金流</h4><ul><li>可分配收益（EAD）每股為 0.24 美元，比上一季度增長 9%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li></ul><h4>獨特指標</h4><ul><li>投資組合總額增加了 18 億美元，環比增長 20%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>公司回購槓桿比率為 5.0 倍，投資組合回購槓桿比率為 4.7 倍。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li></ul><h4>前景/指導</h4><ul><li>Adamas 計劃繼續投資其核心戰略，並在波動期間利用其過剩流動性抓住機會。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>預計投資組合將繼續增長，但增速將低於 2025 年第三季度。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li><li>Adamas 將繼續專注於增加收益，通過將資本投入到 Agency RMBS 和 BPLs 中來進一步推進其核心戰略。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/adamasq32025-supplementa.htm"></span></li></ul>

ADAMAS TRUST INC. 9.125% NTS 01/04/2030 USD25｜8-K：2025 財年 Q3 營收 1.61 億美元