About Adamas Trust, Inc.
http://www.adamasreit.com/Adamas Trust, Inc., formerly known as New York Mortgage Trust, Inc., is a real estate investment trust (REIT) focused on residential mortgage-related assets. The 9.875% Senior Notes due 2030 are a series of senior unsecured fixed-rate notes issued by the company, paying semi-annual interest with maturity on October 1, 2030.

CEO
Jason T. Serrano
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
Showing Top 3 of 22
Price Target
About Adamas Trust, Inc.
http://www.adamasreit.com/Adamas Trust, Inc., formerly known as New York Mortgage Trust, Inc., is a real estate investment trust (REIT) focused on residential mortgage-related assets. The 9.875% Senior Notes due 2030 are a series of senior unsecured fixed-rate notes issued by the company, paying semi-annual interest with maturity on October 1, 2030.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $174.01M ▲ | $0 ▼ | $44.82M ▲ | 25.76% ▲ | $0.36 ▲ | $45.42M ▲ |
| Q2-2025 | $156.82M ▼ | $48.09M ▼ | $8.55M ▼ | 5.45% ▼ | $-0.04 ▼ | $14.38M ▼ |
| Q1-2025 | $187.18M ▲ | $52.83M ▼ | $42.16M ▲ | 22.52% ▲ | $0.33 ▲ | $48.36M ▲ |
| Q4-2024 | $129.59M ▼ | $69.85M ▲ | $-31.39M ▼ | -24.22% ▼ | $-0.46 ▼ | $-19.37M ▼ |
| Q3-2024 | $181.79M | $50.87M | $42.85M | 23.57% | $0.36 | $56.62M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $185.28M ▼ | $12.4B ▲ | $11B ▲ | $1.39B ▲ |
| Q2-2025 | $1.42B ▼ | $10.55B ▲ | $9.16B ▲ | $1.38B ▼ |
| Q1-2025 | $4.82B ▲ | $10B ▲ | $8.59B ▲ | $1.4B ▲ |
| Q4-2024 | $4B ▲ | $9.22B ▲ | $7.81B ▲ | $1.39B ▼ |
| Q3-2024 | $3.58B | $8.91B | $7.43B | $1.44B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $39.79M ▲ | $6.92M ▼ | $-1.59B ▼ | $1.62B ▲ | $30.6M ▲ | $6.92M ▼ |
| Q2-2025 | $4.44M ▼ | $39.22M ▲ | $-359.96M ▲ | $313.46M ▼ | $-7.28M ▲ | $39.22M ▲ |
| Q1-2025 | $37.06M ▲ | $25.82M ▼ | $-794.23M ▼ | $713.78M ▲ | $-54.62M ▼ | $25.82M ▲ |
| Q4-2024 | $-30.28M ▼ | $29.12M ▲ | $-584.26M ▲ | $552.18M ▼ | $-2.97M ▲ | $25.66M ▲ |
| Q3-2024 | $40.47M | $-922K | $-834.05M | $798.82M | $-36.15M | $-922K |

CEO
Jason T. Serrano
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
Showing Top 3 of 22




