About Chicago Atlantic Real Estate Finance, Inc.
https://investors.refi.reitChicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry.
CEO
Anthony Robert Cappell
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
Showing Top 3 of 56
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades
Grade Summary
Showing Top 1 of 1
Price Target
Institutional Ownership
BLACKROCK, INC.
Shares:1.42M
Value:$17.78M
BLACKROCK INC.
Shares:1.41M
Value:$17.71M
VANGUARD GROUP INC
Shares:941K
Value:$11.81M
Summary
Showing Top 3 of 109
About Chicago Atlantic Real Estate Finance, Inc.
https://investors.refi.reitChicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $13.69M ▼ | $13.69M ▼ | $8.93M ▲ | 65.29% ▲ | $0.42 | $0 |
| Q2-2025 | $14.59M ▲ | $14.59M ▲ | $8.88M ▼ | 60.85% ▼ | $0.42 ▼ | $0 |
| Q1-2025 | $13.04M ▼ | $13.04M ▼ | $10.04M ▲ | 76.99% ▲ | $0.48 ▲ | $0 |
| Q4-2024 | $13.9M ▼ | $13.9M ▼ | $7.92M ▼ | 56.96% ▼ | $0.4 ▼ | $0 |
| Q3-2024 | $14.46M | $14.46M | $11.21M | 77.54% | $0.57 | $0 |
What's going well?
The company is highly profitable, with a 65% net margin and steady earnings per share. Interest costs are coming down, and overhead remains lean.
What's concerning?
Revenue slipped this quarter, and there's no sign of growth. Lack of investment in R&D or marketing could limit future expansion.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $28.92M ▼ | $427.08M ▼ | $117.16M ▼ | $309.91M ▼ |
| Q2-2025 | $35.56M ▲ | $455.21M ▲ | $145.19M ▲ | $310.03M ▼ |
| Q1-2025 | $9.88M ▼ | $414.67M ▼ | $103.89M ▼ | $310.78M ▲ |
| Q4-2024 | $26.4M ▲ | $435.15M ▲ | $126.19M ▲ | $308.96M ▲ |
| Q3-2024 | $6.76M | $365.91M | $70.45M | $295.47M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $8.93M ▲ | $8.19M ▲ | $14.06M ▲ | $-28.89M ▼ | $-6.64M ▼ | $8.19M ▲ |
| Q2-2025 | $8.88M ▼ | $6.46M ▼ | $-3.56M ▼ | $22.77M ▲ | $25.68M ▲ | $6.46M ▼ |
| Q1-2025 | $10.04M ▲ | $7.63M ▲ | $5.51M ▲ | $-29.65M ▼ | $-16.52M ▼ | $7.63M ▲ |
| Q4-2024 | $7.92M ▼ | $1.83M ▼ | $-41.27M ▼ | $59.08M ▲ | $19.64M ▲ | $1.83M ▼ |
| Q3-2024 | $11.21M | $8.2M | $23.54M | $-32.05M | $-310.45K | $8.2M |
CEO
Anthony Robert Cappell
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
Showing Top 3 of 56
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades
Grade Summary
Showing Top 1 of 1
Price Target
Institutional Ownership
BLACKROCK, INC.
Shares:1.42M
Value:$17.78M
BLACKROCK INC.
Shares:1.41M
Value:$17.71M
VANGUARD GROUP INC
Shares:941K
Value:$11.81M
Summary
Showing Top 3 of 109