1. United States of America Stocks

  2. •

    Real Estate

  3. •

    REIT - Mortgage
Adamas Trust, Inc.

Adamas Trust, Inc.

ADAMM
Adamas Trust, Inc.US flagNASDAQ Global Market
25.28
USD
-0.02
- -
2.28BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
91
188
123
105
122
146
222
-207
301
9
305
239
353
406
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
13
-3
1
8
- -
-29
-56
15
51
153
52
60
40
39
Net Income, GAAP
69
136
78
68
92
103
174
-289
193
-299
-49
-62
149
155
Effective Tax Rate (%)
1.06
4.49
5.49
4.38
3.65
- -
- -
- -
1.29
- -
- -
- -
0.11
0.18
Profit Margin (%)
75.88
72.3
63.22
64.31
75.52
70.25
78.32
139.06
64.21
-3,435.8
-15.98
-25.96
42.24
38.29
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
8,379
8,471
7,097
6,922
9,572
11,325
17,996
1,841
2,521
2,648
2,805
3,555
4,255
4,135
Total Equity
481
818
881
851
976
1,180
2,205
2,308
2,432
1,864
1,628
1,411
1,430
1,458
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
760.56
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
4,342
4,249
4,130
LT Finance Leases
5
6
5
Preferred Equity and Hybrid Capital
540
540
540
Shares Outstanding
90
90
90
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,816
7,115
1,678
Accounts Receivable, Net
73
76
77
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
135
152
130
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.12%
-8.52%
1.37%
Free Cash Flow
289.86%
530.55%
2,813.28%
Net Income, GAAP
-98.06%
-163.61%
-340.29%
Sales/Revenue/Turnover
296.78%
617.71%
47.71%
Total Cash Common Dividend
0.29%
-2.83%
-1.23%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
57
53
94
38
239
2025
90
52
102
108
353
2026
143
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jason T. Serrano
Full Time Employees
70
Sector
Real Estate
Industry
REIT - Mortgage
Address
90 Park Avenue New York NY United States of America 10016
IPO Date
Sep 3, 2025
CIK
0001273685
Website
adamasreit.com
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Business
Adamas Trust, Inc. (Nasdaq: ADAM) operates as an internally managed real estate investment trust focused on acquiring, investing in, financing, and managing mortgage-related single-family and multi-family residential assets in the United States; its core portfolio includes targeted residential loans such as business purpose loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, structured multi-family property investments including preferred equity and mezzanine loans to property owners, commercial mortgage-backed securities, other mortgage-, residential housing-, and credit-related assets, as well as single-family rental properties. Founded in 2003 and headquartered at 90 Park Avenue in New York, New York, the company targets institutional and retail investors seeking stable distributions through net interest spreads and capital gains from its diversified holdings. In recent developments, Adamas Trust, formerly New York Mortgage Trust, Inc., completed a strategic rebrand on September 3, 2025, to reflect its repositioning as a multi-dimensional investment platform unbound by geography; it acquired the remaining 50% stake in Constructive Loans, LLC—a leading originator of business purpose loans primarily for rental properties—for $38.4 million to enable vertical integration, acquired approximately $2.1 billion in residential assets between July and August 2025 marking 164% growth from prior quarters, purchased $1.8 billion in agency investments and $525.7 million in residential loans during the third quarter of 2025, fully exited its remaining multifamily joint venture equity positions, and expanded interest income by 55% through portfolio realignment toward agency RMBS and business purpose loans.

Company News

APIChat

  • seekingalpha.com

    Adamas Trust, Inc. (ADAM) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Adamas Trust: Mortgage REIT Preferred Share Floating At 10.8% Yield

  • seekingalpha.com

    Adamas Trust, Inc. (ADAM) Q3 2025 Earnings Call Transcript