Chicago Atlantic Real Estate Finance, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | — | — | — | $48.9M | — |
| Operating expenses | — | — | — | $16.6M | — |
| Interest expense | — | — | $5.8M | $2.6M | — |
| Pretax income | $36.0M | $37.0M | $38.7M | $32.3M | — |
| Income tax expense | $0 | $0 | $0 | $0 | — |
| Net income | $36.0M | $37.0M | $38.7M | $32.3M | — |
| Balance Sheet | |||||
| Cash and equivalents | $14.9M | $26.4M | $7.9M | $5.7M | $80.2M |
| Total assets | $424.9M | $435.1M | $359.2M | $343.3M | $278.2M |
| Total liabilities | $117.1M | $126.2M | $87.4M | $79.2M | $14.1M |
| Total debt | $50.0M | $50.0M | — | — | — |
| Stockholders' equity | $307.8M | $309.0M | $271.9M | $264.0M | $264.1M |
| Cash Flow Statement | |||||
| Cash from operations | $28.8M | $23.2M | $28.4M | $17.0M | — |
| Stock-based compensation | $3.4M | $3.1M | $1.5M | $435,623 | $29,611 |
| Capital expenditure | $11.2M | $13.6M | $13.9M | $13.6M | — |
| Free cash flow | $17.6M | $9.6M | $14.5M | $3.4M | — |
| Dividends paid | $43.8M | $41.6M | $39.1M | $28.2M | — |
Shares outstanding 21.2M · Free float 87.6%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.