Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.
Revenue of Chicago Atlantic Real Estate Finance, Inc. (REFI)
Revenue in 2023 (TTM): $56.21 M
According to Chicago Atlantic Real Estate Finance, Inc.'s latest financial reports the company's current revenue (TTM) is $56.21 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Chicago Atlantic Real Estate Finance, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $56.21 M | $47.42 M | $44.46 M | $38.71 M | $38.71 M |
| 2022 | $48.86 M | $-3,838,547,372 | $34.91 M | $32.29 M | $32.29 M |
| 2021 | $11.08 M | $10.17 M | $9.57 M | $9.5 M | $9.5 M |