Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it acquires and originates small balance commercial loans (SBC) secured by multi-family residential and commercial mixed-use retail/residential properties; and invests in single-family and smaller commercial properties through a foreclosure event of a loan or a direct acquisition. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon.
According to Great Ajax Corp.'s latest financial reports the company's current revenue (TTM) is $62.68 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.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2023 | $62.68 M | $47.64 M | $ | $-46,714,000 | $-47,071,000 |
2022 | $35.64 M | $19.29 M | $ | $-12,101,000 | $-14,936,000 |
2021 | $31.87 M | $15.2 M | $ | $42.01 M | $41.86 M |
2020 | $36.07 M | $35.86 M | $ | $33.48 M | $22.62 M |
2019 | $46.41 M | $25.41 M | $36.2 M | $37.21 M | $34.71 M |
2018 | $41 M | $21.04 M | $ | $31.4 M | $28.34 M |
2017 | $38.45 M | $20.69 M | $30.71 M | $30.29 M | $28.93 M |
2016 | $33.34 M | $24.71 M | $29.05 M | $28.91 M | $27.84 M |
2015 | $28.49 M | $20.83 M | $25.64 M | $25.79 M | $24.75 M |
2014 | $6.81 M | $6.25 M | $-353,455 | $4.09 M | $3.72 M |