Angel Oak Mortgage REIT, Inc. AOMR
Angel Oak Mortgage REIT, Inc. is a real estate finance company focused on acquiring and investing in first and second lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. Our strategy is to make credit-sensitive investments primarily in newly-originated non-QM loans and other mortgage assets that are primarily made to higher-quality borrowers and sourced from the proprietary mortgage lending platform of our affiliate, Angel Oak Mortgage Lending, and other originators through our relationship with Angel Oak Capital. We may also invest in other residential mortgage loans, RMBS, and other mortgage‑related assets as defined in target assets below. Our objective is to generate attractive risk‑adjusted returns for our stockholders, through cash distributions and capital appreciation, across interest rate and credit cycles.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $143.7M | $110.4M | $96.0M | $115.5M | $60.6M | $40.8M | — |
| Interest expense | $41.1M | $36.9M | $28.9M | $63.0M | $11.5M | $7.5M | — |
| Pre-tax income | $44.6M | $32.0M | $35.0M | -$191.3M | $22.7M | $736.0K | — |
| Income tax | $352.0K | $3.3M | $1.2M | $3.5M | $1.6M | $0 | — |
| Net income | $44.0M | $28.8M | $33.7M | -$187.8M | $21.1M | $736.0K | — |
| EPS, basic | 1.85 | 1.18 | 1.36 | -7.65 | 1.02 | 0.05 | — |
| EPS, diluted | 1.80 | 1.17 | 1.35 | -7.65 | 1.01 | 0.05 | — |
| Shares, diluted (wtd. avg.) | 24.3M | 24.4M | 24.9M | 24.5M | 20.9M | 15.7M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $41.6M | $40.8M | $44.5M | $39.9M | $52.3M | $46.0M | $9.2M |
| Total assets | $2.75B | $2.27B | $2.31B | $2.95B | $2.58B | $509.7M | — |
| Long-term debt | $2.28B | $1.82B | — | — | — | — | — |
| Total liabilities | $2.48B | $2.03B | $2.05B | $2.71B | $2.09B | $261.3M | — |
| Retained earnings | -$206.0M | -$218.8M | -$216.2M | -$218.0M | $11.5M | $2.6M | — |
| Total equity | $267.5M | $239.0M | $256.1M | $236.5M | $491.4M | $248.3M | $94.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$407.0M | -$221.5M | $306.4M | -$331.1M | -$1.57B | $34.4M | — |
| Depreciation and amortisation | -$61.0K | -$565.0K | -$1.5M | $0 | — | — | — |
| Stock-based compensation | $1.4M | $2.0M | $1.7M | $5.8M | $1.7M | $0 | — |
| Investing cash flow | $13.7M | $120.5M | -$194.1M | $664.3M | -$460.5M | -$52.4M | — |
| Financing cash flow | $395.7M | $99.3M | -$107.7M | -$345.7M | $2.03B | $54.8M | — |
| Dividends paid | $30.9M | $31.0M | $31.9M | $41.7M | $12.2M | $0 | — |
| Buybacks | $0 | $19.9M | $0 | $6.9M | $4.7M | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001766478-26-000002.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $40.8M | $60.6M | $115.5M | $96.0M | $110.4M | $143.7M |
| Gross profit | — | — | — | — | — | — | — |
| Net income | — | $736.0K | $21.1M | -$187.8M | $33.7M | $28.8M | $44.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event Item 8.01
- Regulation FD disclosure Item 7.01
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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| GTY | GETTY REALTY CORP /MD/ | $1.73B | 20.7x | 9.0% |