AOMNAngel Oak Mortgage REIT, Inc. 9

$626M

Q2 2023 Earnings

Financial Services REIT - Industrial

Income Statement

Revenue

$20M-53.8% YoY

Gross Profit

$15M75.7% margin

Operating Income

$14M73.5% margin

Net Income

-$4M-18.8% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+51.9%

Cash Flow

Operating Cash Flow

-$418,000

Free Cash Flow

-$418,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.2B

Stockholders' Equity

$233M

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$42M	-53.8%
Gross Profit	$15M	$37M	-59.8%
Operating Income	$14M	-$39M	+137.1%
Net Income	-$4M	-$52M	+92.9%

AOMN Q2 2023 Earnings — Angel Oak Mortgage REIT, Inc. 9 Revenue & Financial Results | Market Cap Arena