Loading...
•
Mar 31, 2022
Great Ajax Q1 2022 Earnings Report
Reported results for the quarter ended March 31, 2022.
Key Takeaways
Great Ajax Corp. announced results for the quarter ended March 31, 2022, with a net income attributable to common stockholders of $3.6 million and basic earnings per share of $0.15. The company collected $85.3 million of cash from loan payments, sales of REO properties, and collections from investments, ending the quarter with $70.7 million in cash and cash equivalents.
Interest income of $23.2 million; net interest income of $14.6 million.
Net income attributable to common stockholders of $3.6 million.
Basic earnings per common share (“EPS”) of $0.15.
Held $70.7 million of cash and cash equivalents at March 31, 2022; average daily cash balance for the quarter was $73.6 million.
Revenue by Segment
Forward Guidance
Great Ajax Corp. will host a conference call at 5:00 p.m. EST on Thursday, May 5, 2022 to review our financial results for the quarter. A live Webcast of the conference call will be accessible from the Quarterly Reports section of our website www.greatajax.com.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...