Lument Finance Trust, Inc. - Understand $lft stock

$LFT Market Cap: $136 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$128.2M

TTM

Gross Margin

29.5%

TTM

Net Earnings

$21.69M

TTM

Current Assets

$52.41M

Q3 2024

Current Liabilities

$964.9M

Q3 2024

Current Ratio

5.43%

Q3 2024

Total Assets

$1.256B

Q3 2024

Total Liabilities

$1.013B

Q3 2024

Book Value

$243.1M

Q3 2024

Cash

$45.59M

Q3 2024

P/E

6.269

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$109.2M	$56.69M	$36.19M	$33.60M	$38.30M	$25.60M	$74.90M	$86.00M	$115.1M	$48.30M	-$15.20M	$1.600M
YoY Change	92.63%	56.63%	7.71%	-12.27%	49.61%	-65.82%	-12.91%	-25.28%	138.3%	-417.76%	-1050.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$109.2M	$56.69M	$36.19M	$33.60M	$38.30M	$25.60M	$74.90M	$86.00M	$115.1M	$48.30M	-$15.20M	$1.600M
Cost Of Revenue	$74.80M	$32.81M	$15.51M	$15.20M	$23.60M	$41.60M	$69.00M	$69.50M	$83.10M	$27.80M	$2.200M	$300.0K
Gross Profit	$34.39M	$23.87M	$20.68M	$18.40M	$14.70M	-$16.00M	$5.900M	$16.50M	$32.00M	$20.50M	-$17.40M	$1.300M
Gross Profit Margin	31.5%	42.12%	57.14%	54.76%	38.38%	-62.5%	7.88%	19.19%	27.8%	42.44%		81.25%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$10.10M	$10.02M	$8.160M	$7.900M	$8.400M	$9.000M	$12.00M	$13.30M	$14.70M	$9.000M	$4.600M	$900.0K
YoY Change	0.72%	22.83%	3.29%	-5.95%	-6.67%	-25.0%	-9.77%	-9.52%	63.33%	95.65%	411.11%
% of Gross Profit	29.35%	41.98%	39.46%	42.93%	57.14%		203.39%	80.61%	45.94%	43.9%		69.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$14.78M	$14.59M	$8.441M	$9.300M	$8.800M	$9.700M	$12.90M	$13.90M	$17.80M	$11.53M	$4.902M	$900.0K
YoY Change	1.28%	72.87%	-9.24%	5.68%	-9.28%	-24.81%	-7.19%	-21.91%	54.32%	135.32%	444.64%
Operating Profit	$19.61M	$9.283M	$12.24M	$9.100M	$5.900M	-$25.70M	-$7.000M	$2.600M	$14.20M	$8.965M	-$22.30M	$400.0K
YoY Change	111.29%	-24.14%	34.48%	54.24%	-122.96%	267.14%	-369.23%	-81.69%	58.39%	-140.2%	-5675.44%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$103.7K	$243.7K	-$356.8K	-$1.800M	$0.00	$20.60M	-$600.0K	$1.860M	-$7.100M	-$21.10M	$4.737M	-$400.0K
YoY Change	-142.55%	-168.3%	-80.18%		-100.0%	-3533.33%	-132.26%	-126.2%	-66.35%	-545.43%	-1284.24%
% of Operating Profit	-0.53%	2.62%	-2.92%	-19.78%	0.0%			71.54%	-50.0%	-235.35%		-100.0%
Other Income/Expense, Net										$2.505M	$288.4K
YoY Change										768.45%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$19.72M	$9.875M	$10.61M	$8.000M	$6.200M	-$3.900M	$4.707M	-$7.990M	$450.5K	$3.314M	$3.226M	$4.800M
YoY Change	99.7%	-6.89%	32.56%	29.03%	-258.97%	-182.86%	-158.91%	-1873.66%	-86.41%	2.71%	-32.78%
Income Tax	$5.720K	$11.09K	$77.89K	-$476.2K	-$44.00K	$1.522M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	0.03%	0.11%	0.73%	-5.95%	-0.71%		0.0%		0.0%	0.0%	0.0%	0.0%
Net Earnings	$14.97M	$9.864M	$10.53M	$8.450M	$6.249M	-$5.471M	$4.707M	-$7.990M	$450.5K	$3.314M	$3.226M	$4.800M
YoY Change	51.81%	-6.3%	24.59%	35.22%	-214.21%	-216.24%	-158.91%	-1873.66%	-86.41%	2.71%	-32.78%
Net Earnings / Revenue	13.71%	17.4%	29.09%	25.15%	16.32%	-21.37%	6.28%	-9.29%	0.39%	6.86%		300.0%
Basic Earnings Per Share	$0.29	$0.11	$0.30	$0.34							$0.52
Diluted Earnings Per Share	$0.29	$0.11	$0.30	$0.34	$261.6K	-$233.1K	$235.0K	-$712.3K	$34.01K	$266.1K	-$1.12	$2.824M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$51.25M	$43.86M	$14.75M	$11.40M	$10.90M	$7.900M	$34.30M	$27.50M	$26.10M	$32.30M	$33.10M	$3.600M
YoY Change	16.85%	197.37%	29.38%	4.59%	37.97%	-76.97%	24.73%	5.36%	-19.2%	-2.42%	819.44%
Cash & Equivalents	$51.25M	$43.86M	$14.75M	$11.40M	$10.90M	$7.900M	$34.30M	$27.50M	$26.10M	$32.30M	$33.10M	$3.600M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$59.84M	$49.66M	$41.13M	$13.40M	$13.20M	$67.70M	$50.60M	$39.00M	$36.40M	$44.20M	$34.70M	$3.800M
YoY Change	20.5%	20.74%	206.92%	1.52%	-80.5%	33.79%	29.74%	7.14%	-17.65%	27.38%	813.16%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments						$0.00	$1.291B	$870.9M	$571.5M	$368.3M	$445.0M	$81.00M
YoY Change						-100.0%	48.21%	52.39%	55.17%	-17.24%	449.38%
Other Assets	$270.1K	$3.508M	$3.530M	$58.00M	$5.100M	$51.50M	$11.50M	$10.50M	$7.600M	$7.200M	$6.000M	$3.000M
YoY Change	-92.3%	-0.63%	-93.91%	1037.25%	-90.1%	347.83%	9.52%	38.16%	5.56%	20.0%	100.0%
Total Long-Term Assets	$1.387B	$1.078B	$1.008B	$608.1M	$644.7M	$611.7M	$2.562B	$2.261B	$2.462B	$2.878B	$493.5M	$93.20M
YoY Change	28.64%	7.0%	65.73%	-5.68%	5.39%	-76.12%	13.33%	-8.18%	-14.45%	483.18%	429.51%
Total Assets	$1.447B	$1.128B	$1.049B	$621.5M	$657.9M	$679.4M	$2.613B	$2.300B	$2.498B	$2.922B	$528.2M	$97.00M
YoY Change
Accounts Payable		$584.0K	$147.8K	$300.0K	$400.0K	$2.100M	$300.0K	$2.100M	$300.0K	$300.0K	$600.0K	$800.0K
YoY Change		295.12%	-50.73%	-25.0%	-80.95%	600.0%	-85.71%	600.0%	0.0%	-50.0%	-25.0%
Accrued Expenses	$4.093M	$2.361M	$704.1K	$400.0K	$800.0K	$1.200M	$6.200M	$5.500M	$6.600M	$8.200M	$300.0K	$100.0K
YoY Change	73.36%	235.31%	76.02%	-50.0%	-33.33%	-80.65%	12.73%	-16.67%	-19.51%	2633.33%	200.0%
Deferred Revenue
YoY Change
Short-Term Debt	$1.146B	$829.3M	$826.8M	$463.1M	$505.9M	$504.0M	$1.235B	$804.8M	$568.4M	$594.9M	$412.2M	$63.40M
YoY Change	38.21%	0.31%	78.53%	-8.46%	0.38%	-59.17%	53.39%	41.59%	-4.45%	44.32%	550.16%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.157B	$838.0M	$832.7M	$468.2M	$509.9M	$509.9M	$1.243B	$817.6M	$576.2M	$604.5M	$413.5M	$64.60M
YoY Change	38.01%	0.64%	77.85%	-8.18%	0.0%	-58.97%	52.02%	41.9%	-4.68%	46.19%	540.09%
Long-Term Debt	$47.22M	$46.97M	$46.85M	$39.60M	$39.40M	$19.20M	$1.224B	$1.339B	$1.745B	$2.103B	$0.00	$0.00
YoY Change	0.53%	0.27%	18.3%	0.51%	105.21%	-98.43%	-8.65%	-23.23%	-17.02%
Other Long-Term Liabilities	$2.374M	$584.0K	$147.8K	$300.0K	$400.0K	$0.00	$200.0K	$200.0K	$0.00	$2.300M	$800.0K	$300.0K
YoY Change	306.45%	295.12%	-50.73%	-25.0%		-100.0%	0.0%		-100.0%	187.5%	166.67%
Total Long-Term Liabilities	$49.59M	$46.97M	$46.85M	$39.60M	$39.40M	$19.20M	$1.224B	$1.340B	$1.745B	$2.105B	$800.0K	$300.0K
YoY Change	5.58%	0.27%	18.3%	0.51%	105.21%	-98.43%	-8.64%	-23.22%	-17.11%	263012.5%	166.67%
Total Liabilities	$1.206B	$885.1M	$879.6M	$507.9M	$549.4M	$529.2M	$2.467B	$2.157B	$2.321B	$2.709B	$414.3M	$64.80M
YoY Change	36.29%	0.62%	73.19%	-7.55%	3.82%	-78.55%	14.35%	-7.06%	-14.34%	553.97%	539.35%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding	52.23M shares	48.34M shares	24.94M shares	24.93M shares	23.69M shares	23.61M shares
Diluted Shares Outstanding	52.23M shares	48.34M shares	24.95M shares	24.93M shares	23.69M shares	23.61M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $135.96 Million

About Lument Finance Trust, Inc.

Lument Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of commercial real estate (CRE) debt investments. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2013-03-22. The firm is focused on investing in, originating, financing and managing a portfolio of commercial real estate (CRE) debt investments. The company primarily invests or originates in transitional floating rate CRE mortgage loans with an emphasis on middle-market multifamily assets. The firm also invests in other CRE-related investments including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans and other CRE debt instruments. The company finances its investments in transitional multifamily and other CRE loans primarily through matched-term non-recourse secured borrowings, including collateralized loan obligations (CLO). Its mortgage loan investment portfolio consists of approximately 88 senior secured floating rate loans with an aggregate unpaid principal balance of $1.4 billion. The firm is externally managed by its manager, Lument Investment Management, LLC.

Industry: Real Estate Investment Trusts Peers: AG Mortgage Investment Trust, Inc. ANNALY CAPITAL MANAGEMENT INC Arlington Asset Investment Corp. Cherry Hill Mortgage Investment Corp Ellington Credit Co Rithm Property Trust Inc. NexPoint Real Estate Finance, Inc. Seven Hills Realty Trust Sachem Capital Corp.