AOMN Q1 2024 Earnings — Angel Oak Mortgage REIT, Inc. 9 Revenue & Financial Results | Market Cap Arena

AOMNAngel Oak Mortgage REIT, Inc. 9

$626M

Q1 2024 Earnings

Financial Services REIT - Industrial

Income Statement

Revenue

$24M+84.5% YoY

Gross Profit

$20M85.1% margin

Operating Income

$30M125.2% margin

Net Income

$13M54.1% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+69.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.0B

Stockholders' Equity

$263M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$13M	+84.5%
Gross Profit	$20M	$8M	+144.4%
Operating Income	$30M	$17M	+70.5%
Net Income	$13M	$530,000	+2329.1%