Great Ajax Q3 2021 Earnings Report

Reported results for the quarter ended September 30, 2021.

Key Takeaways

Great Ajax Corp. reported a net income attributable to common stockholders of $9.3 million, with a basic earnings per share of $0.40. The company purchased $87.5 million of non-performing loans and $0.5 million of re-performing mortgage loans. They ended the quarter with $92.8 million in cash and cash equivalents.

Interest income of $23.1 million; net interest income of $14.4 million

Net income attributable to common stockholders of $9.3 million

Basic earnings per common share (“EPS”) of $0.40

Book value per common share of $16.00 at September 30, 2021

Total Revenue

$55.2M

Previous year: $46.5M