Saturday 17 October 2026
Export REFI’s income statement to Excel — free account
Chicago Atlantic Real Estate Finance, Inc.
REFI Real Estate Reit Mortgage
Chicago Atlantic Real Estate Finance, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $55.4 million, up 0.80% from fiscal 2024. In the quarter to June 2026, revenue fell 11.0%, EPS fell 16.7% and free cash flow grew 40.1%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.
9.32
0.07
−0.75%
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| Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|
Piotroski F-Score |
— | — | 6 | 4 | 3 |
P/E ratio |
9.02 | 8.24 | 7.44 | 8.03 | 7.17 |
P/S ratio |
0.00 | 5.42 | 5.06 | 5.41 | 4.65 |
P/FCF ratio |
0.00 | 15.57 | 10.18 | 12.84 | 8.94 |
P/Operating CF |
(52.15) | 57.23 | 18.65 | 162.67 | 39.50 |
P/B ratio |
1.10 | 1.00 | 1.06 | 0.96 | 0.84 |
Price to Tangible BV |
1.10 | 1.00 | 1.06 | 0.96 | 0.84 |
EV/Sales |
0.00 | 5.30 | 4.92 | 4.93 | 4.38 |
EV/EBITDA |
0.00 | 8.64 | 7.79 | 7.57 | 7.12 |
EV/Operating CF |
0.00 | 15.24 | 9.90 | 11.70 | 8.42 |
EV/FCF |
0.00 | 15.24 | 9.90 | 11.70 | 8.42 |
Quick Ratio |
376.93 | 0.10 | 0.12 | 0.25 | 0.15 |
Current Ratio |
376.93 | 0.10 | 0.12 | 0.25 | 0.15 |
Net Debt/EBITDA |
(8.94) | (0.19) | (0.22) | (0.74) | (0.44) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.00 | 0.16 | 0.16 | 0.14 | 0.13 |
Operating CF/Net income |
0.70 | 0.53 | 0.73 | 0.63 | 0.80 |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.00% | 12.23% | 14.45% | 12.76% | 11.68% | |
| 0.00% | 10.39% | 11.02% | 9.33% | 8.37% | |
ROIC |
3.23% | 7.81% | 9.12% | 8.23% | 7.65% |
Return on Tangible Assets |
11.87% | (60.54%) | (65.35%) | (46.99%) | (42.71%) |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
3.50% | 12.52% | 15.56% | 18.67% | 19.16% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.27% | 0.89% | 2.59% | 5.57% | 6.08% |
Graham Net Nets |
0.23 | (0.28) | (0.27) | (0.34) | (0.40) |
Graham Number |
0.00 | 24.75 | 26.97 | 26.31 | 23.75 |
Earnings Yield |
11.08% | 12.13% | 13.45% | 12.45% | 13.95% |
Free Cash Flow Yield |
0.00% | 6.42% | 9.83% | 7.79% | 11.18% |
Revenue per Share |
1.71 | 2.77 | 3.16 | 2.85 | 2.64 |
Operating CF per Share |
1.04 | 0.96 | 1.57 | 1.20 | 1.37 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
1.04 | 0.96 | 1.57 | 1.20 | 1.37 |
Cash per Share |
12.46 | 0.32 | 0.44 | 1.37 | 0.71 |
Shareholders Equity per Share |
40.99 | 14.96 | 15.03 | 16.02 | 14.66 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
40.99 | 14.96 | 15.03 | 16.02 | 14.66 |
Free Cash Flow |
6.67 | 17.01 | 28.42 | 23.16 | 28.79 |
Working Capital |
80.04 | (53.34) | (59.24) | (78.83) | (84.32) |
Net Current Asset Value |
66.16 | (73.52) | (79.47) | (99.79) | (102.15) |
EV/EBIT |
0.00 | 8.02 | 7.30 | 7.28 | 6.77 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
0.00 | 8.20 | 7.51 | 7.99 | 7.18 |
| Other line items | |||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
1.94% | 6.30% | 10.16% | 6.91% | 8.92% |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
— | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Payables |
— | 0.64 | 1.10 | 1.14 | 0.99 |
Average Assets |
— | 310.72 | 351.25 | 397.19 | 430.03 |
Average Common Equity |
— | 264.06 | 267.94 | 290.41 | 308.39 |
Columns are period end dates