AOMR (Angel Oak Mortgage, Inc.) Stock Financials & Earnings | Market Cap Arena

AOMR (Angel Oak Mortgage, Inc.) Stock Financials & Earnings | Market Cap Arena

AOMRAngel Oak Mortgage, Inc.

Mkt Cap$213M

Real Estate·REIT - Mortgage·🇺🇸 United States·NYSE

Revenue (TTM)$107M

Net Income (TTM)$44M

EPS (TTM)$1.81

Free Cash Flow (TTM)-$560M

Gross Margin91.2%

Op. Margin136.9%

Net Margin41.0%

FCF Margin-520.7%

P/S Ratio (TTM)2.0x

P/E Ratio (TTM)4.8x

YoY Rev Growth+108.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$6M	$6M	$17M
Q2 23	$3M	-$1M	-$3M
Q3 23	$13M	$10M	$8M
Q4 23	$33M	$33M	$0
Q1 24	$18M	$18M	$0
Q2 24	$5M	$5M	$0
Q3 24	$38M	$38M	$0
Q4 24	-$10M	-$10M	$0
Q1 25	$46M	$46M	$43M
Q2 25	$6M	$2M	$767K
Q3 25	$15M	$13M	$12M
Q4 25	$40M	$36M	$91M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	5.0x	—
Q2 23	2.4x	—
Q3 23	1.2x	26.2x
Q4 23	3.9x	4.0x
Q1 24	3.2x	4.6x
Q2 24	3.1x	4.3x
Q3 24	2.3x	2.9x
Q4 24	4.1x	7.4x
Q1 25	2.7x	5.9x
Q2 25	2.7x	5.7x
Q3 25	3.7x	12.1x
Q4 25	2.0x	4.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$265M	$265M
Q2 23	$15M	$15M
Q3 23	$62M	$62M
Q4 23	-$33M	-$33M
Q1 24	$40M	$40M
Q2 24	-$24M	-$24M
Q3 24	-$212M	-$212M
Q4 24	-$25M	-$25M
Q1 25	-$202M	-$202M
Q2 25	$21M	$21M
Q3 25	-$173M	-$173M
Q4 25	-$205M	-$205M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+116.7%	-566350.0%
Q2 23	+105.9%	+193.4%
Q3 23	+117.6%	-61.9%
Q4 23	-78.2%	-74.9%
Q1 24	+190.3%	+257.5%
Q2 24	+101.0%	-3.9%
Q3 24	+198.9%	+762.0%
Q4 24	-128.7%	-128.7%
Q1 25	+159.6%	-83.2%
Q2 25	+9.6%	-4.7%
Q3 25	-60.6%	-91.6%
Q4 25	+521.3%	-430.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$541K	8.8%
Q2 23	$207K	7.8%
Q3 23	$447K	3.5%
Q4 23	$494K	1.5%
Q1 24	$630K	3.5%
Q2 24	$630K	11.8%
Q3 24	$604K	1.6%
Q4 24	$177K	—
Q1 25	$237K	0.5%
Q2 25	$296K	5.0%
Q3 25	$397K	2.7%
Q4 25	$423K	1.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$541K	—
Q2 23	$1M	$207K
Q3 23	$1M	$447K
Q4 23	$494K	—
Q1 24	$630K	—
Q2 24	$630K	—
Q3 24	$604K	—
Q4 24	$177K	—
Q1 25	$237K	—
Q2 25	$1M	$296K
Q3 25	$1M	$398K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$37M	$0	$37M
Q2 23	$69M	$0	$69M
Q3 23	$43M	$0	$43M
Q4 23	$42M	$0	$42M
Q1 24	$39M	$0	$39M
Q2 24	$44M	$0	$44M
Q3 24	$42M	$0	$42M
Q4 24	$41M	$0	$41M
Q1 25	$39M	$0	$39M
Q2 25	$41M	$0	$41M
Q3 25	$52M	$0	$52M
Q4 25	$42M	$0	$42M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	25M	+1.4%
Q2 23	25M	-1.0%
Q3 23	25M	+1.1%
Q4 23	25M	+0.0%
Q1 24	25M	+0.0%
Q2 24	25M	-0.6%
Q3 24	24M	-2.9%
Q4 24	24M	-2.3%
Q1 25	24M	+0.5%
Q2 25	24M	+0.3%
Q3 25	25M	+3.5%
Q4 25	25M	+2.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 18	—	—
FY 19	—	—
FY 20	—	—
FY 21	$46K	900
FY 22	-$395K	400
FY 23	$549K	100
FY 24	$515K	100
FY 25	$1M	100