Chicago Atlantic Real Estate Finance Inc
NASDAQ:REFI
Income Statement
Earnings Waterfall
Chicago Atlantic Real Estate Finance Inc
Income Statement
Chicago Atlantic Real Estate Finance Inc
| Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue |
32
N/A
|
41
+31%
|
51
+25%
|
58
+13%
|
61
+5%
|
62
+2%
|
63
+1%
|
62
-2%
|
62
+1%
|
63
+2%
|
62
-2%
|
62
0%
|
63
+3%
|
62
-2%
|
|
| Gross Profit | |||||||||||||||
| Cost of Revenue |
(1)
|
(1)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
| Gross Profit |
21
N/A
|
34
+61%
|
49
+43%
|
54
+11%
|
56
+4%
|
57
+1%
|
57
+0%
|
56
-3%
|
55
-1%
|
56
+1%
|
55
-2%
|
55
0%
|
56
+3%
|
55
-1%
|
|
| Operating Income | |||||||||||||||
| Operating Expenses |
(7)
|
(10)
|
(17)
|
(19)
|
(20)
|
(21)
|
(19)
|
(19)
|
(18)
|
(17)
|
(18)
|
(16)
|
(18)
|
(19)
|
|
| Selling, General & Administrative |
(6)
|
(9)
|
(13)
|
(15)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
|
| Other Operating Expenses |
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
(1)
|
0
|
1
|
1
|
2
|
1
|
(1)
|
|
| Operating Income |
24
N/A
|
29
+24%
|
32
+10%
|
35
+9%
|
36
+3%
|
36
+0%
|
39
+6%
|
37
-5%
|
37
+2%
|
39
+4%
|
37
-4%
|
38
+4%
|
38
-1%
|
36
-6%
|
|
| Pre-Tax Income | |||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
24
N/A
|
29
+24%
|
32
+10%
|
35
+9%
|
36
+3%
|
37
+1%
|
39
+6%
|
37
-5%
|
37
+1%
|
39
+3%
|
37
-4%
|
38
+4%
|
38
-1%
|
36
-6%
|
|
| Net Income | |||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
24
|
29
|
32
|
35
|
36
|
37
|
39
|
37
|
37
|
39
|
37
|
38
|
38
|
36
|
|
| Net Income (Common) |
24
N/A
|
29
+24%
|
32
+10%
|
35
+9%
|
36
+3%
|
37
+1%
|
39
+6%
|
37
-5%
|
37
+1%
|
39
+3%
|
37
-4%
|
38
+4%
|
38
-1%
|
36
-6%
|
|
| EPS (Diluted) |
1.33
N/A
|
1.65
+24%
|
1.82
+10%
|
1.95
+7%
|
1.9
-3%
|
1.97
+4%
|
2.11
+7%
|
1.96
-7%
|
1.87
-5%
|
1.92
+3%
|
1.88
-2%
|
1.8
-4%
|
1.77
-2%
|
1.66
-6%
|
|