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Great Ajax Corp  (AJX)
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Great Ajax Corp

AJX's Financial Statements and Analysis



Great Ajax Corp increased forth quarter of 2023 net loss per share of $-0.83 compare to net loss per share of $-0.30 recorded in the same quarter a year ago a decrease compare to $-0.25 realized in previous quarter.


forth quarter of 2023
Earnings Per Share Revenues
$ -0.83 $  5 Mill
$-0.53     $+1M     +40.44 %



Great Ajax's Revenue rose by 40.44 % in forth quarter of 2023 (Dec 31 2023) year on year, to $5 million and advanced by 109.18 % sequentially.


Great Ajax is

More on AJX's Income Statement



Great Ajax's in theforth quarter of 2023 recorded net loss of $-22.614 million, an increase from net loss of $-6.283 million in IV. Quarter a year ago.

Sequentially net loss advanced

More on AJX's Growth

Great Ajax Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-11 million


Great Ajax Corp payed out dividend of $0.82 per share in last 52 weeks

In trailing twelve-month period Great Ajax Corp payed $ -1.90 cash per share, on a free-cash flow basis .

Book value fell by -4.59 % sequentially to $12.69 per share, -31.58% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 12.30 per share from $ 12.91.

Company issued 0.26 million shares or 1.09 % in Dec 31 2023.
Interest Coverage Ratio was 0.21. Debt Coverage Ratio was 0.06.

More on AJX's Dividends

 Market Capitalization (Millions) 83
 Shares Outstanding (Millions) 25
 Total Debt (Millions $) 210
 Revenue (TTM) (Millions $) 12
 Net Income (TTM) (Millions $) -47
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.82 $
 Dividend Yield TTM (%) 14.84 %
 Employees (TTM) $ -




Great Ajax Corp payed out dividend of $0.82 per share in the last 52 weeks

In trailing twelve-month period Great Ajax Corp had negative $ -1.90 cash flow per share, on a free-cash flow basis .

Book value fell by -4.59 % sequentially to $12.69 per share, -31.58% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 12.30 per share from $ 12.91.

Company issued 0.26 million shares or 1.09 % in Dec 31 2023.
Interest Coverage Ratio was 0.21. Debt Coverage Ratio was 0.06.

More on AJX's Balance Sheets

 Market Capitalization (Millions) 83
 Shares Outstanding (Millions) 25
 Total Debt (Millions $) 210
 Revenue (TTM) (Millions $) 12
 Net Income (TTM) (Millions $) -47
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.82 $
 Dividend Yield TTM (%) 14.84 %
 Employees (TTM) $ -
   


  News about Great Ajax Corp Earnings

Great Ajax Corp's Revenue Soars, but Profits Plummet in Q4 of 2023

Great Ajax Corp is a real estate investment trust (REIT) that has been making waves in the industry with its unique approach to acquiring, investing, and managing a diverse portfolio of re-performing mortgage loans (RPLs) and non-performing loans (NPLs) secured by single-family residences and commercial properties. The company has shown significant growth in revenue over the past year, with a 40.437% increase in the fourth quarter of the 2023 earnings season alone.
Despite this surge in revenue, Great Ajax Corp reported a net shortfall of $-0.83 per share in the fourth quarter of 2023, compared to a net shortfall of $-0.25 per share in the preceding financial reporting period. The company also experience...

Devastating Revenue Slide Plagues Great Ajax Corp as Third Quarter of 2023 Results are Revealed

Great Ajax Corp (NYSE: AJX), a Maryland-based real estate investment trust (REIT), recently announced its results of operations for the quarter ended September 30, 2023. The company focuses on acquiring, investing in, and managing a portfolio of re-performing mortgage loans (RPLs) and non-performing loans (NPLs) secured by single-family residences and commercial properties. Alongside RPLs and NPLs, Great Ajax Corp also originates and acquires other mortgage loans.
In terms of financial performance, Great Ajax Corp reported a decrease in loss per share for the July to September 2023 financial span. The loss per share improved from -$0.71 to -$0.25 compared to the same period the previous year. Additionall...

Dramatic Decline: AJX Faces Unprecedented Revenue Plunge in Q2, 2023!



Great Ajax Corp, a Real Estate Investment Trusts company, recently released its financial report for the second quarter of 2023. The company reported a dismal performance with a significant decline in revenue and expanded shortfalls. This article will delve into the details of the report, highlight the financial implications, and explore the contrasting performance of the Real Estate Investment Trusts sector.
Revenue Plunge:
According to the Jun 30, 2023 report, Great Ajax Corp experienced a staggering decline in revenue, plummeting by -73.298% to $3.04 million. This significant drop in revenue is a cause for concern within the industry. Comparing the figures to the same period a year earli...

Great Ajax Corp Takes a Devastating Hit as First Quarter Earnings Plummet - What's Next for the REIT Giant?

Great Ajax Corp is a publicly-traded real estate investment trust (REIT) with a focus on acquiring and managing a portfolio of mortgage loans secured by single-family residences and small-balance commercial properties. Over the past few years, the company has been expanding its portfolio and increasing revenue, making it a promising investment option for some. However, the most recent fiscal period paints a different picture.
In the most recent fiscal period, Great Ajax Corp reported a disastrous performance with a significant decline in revenue by -92.017% to $1.16 million. The shortfall per share has swollen at $-0.34 compared to the same quarter a year ago. Additionally, the revenue tumbled by -67.91%...


Date modified: 2024-02-28T20:43:29+00:00





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