Great Ajax Corp. reported a net loss attributable to common stockholders of $(7.9) million, or $(0.34) per common share, for the quarter ended March 31, 2023. The company's net interest income was $3.5 million. They collected $43.6 million of cash during the quarter and held $49.4 million in cash and cash equivalents at quarter end.
Net loss attributable to common stockholders was $(7.9) million.
Earnings per share was a loss of $(0.34).
Net interest income was $3.5 million.
Cash and cash equivalents totaled $49.4 million at the end of the quarter.
The company agreed to acquire, subject to due diligence, 74 residential RPLs in two transactions with aggregate UPB of $18.1 million.
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