AI brief of an SEC Form 8-K · Adamas Trust (ADAM)

New York Mortgage Trust (NYMT) posts Q4 net loss of $41.8 million, or $0.46 a share

Mixed Impact 3 of 5 earnings Written later

New York Mortgage Trust reported a fourth-quarter 2024 net loss attributable to common stockholders of $41.8 million, compared with net income of $31.5 million a year earlier, and a full-year 2024 net loss of $103.8 million. Net interest income rose, but a $131.6 million unrealized loss in the quarter drove the swing to a loss. The filing is from New York Mortgage Trust, Inc. (NYMT), not Adamas Trust, Inc. (ADAM) as named in the request.

Key points

  • Q4 2024 net loss attributable to common stockholders was $41.8 million ($0.46 per share), versus net income of $31.5 million ($0.35 per share) in Q4 2023.
  • Full-year 2024 net loss was $103.8 million ($1.14 per share), versus a $90.0 million loss ($0.99 per share) in 2023.
  • Q4 2024 net interest income rose to $26.7 million from $16.8 million a year earlier.
  • On February 19, 2025, the board extended the common and preferred stock repurchase programs to March 31, 2026, with $189.7 million and $97.6 million remaining available.

The filing

CompanyAdamas Trust (ADAM)
Form8-K, current report
Filed with the SECFeb 19, 2025, 4:13 PM ET
Accession number0001273685-25-000025

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.