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AJX

Great Ajax Corp

$9.76

Earnings Summary

Revenue
$8.77Mn
Net Profits
$-9.18Mn
Net Profit Margins
-104.71%
PE Ratio
22.56

Highlights

Revenue:

Great Ajax Corp’s revenue jumped 5.09% since last year same period to $8.77Mn in the Q2 2022. On a quarterly growth basis, Great Ajax Corp has generated -41.43% fall in its revenue since last 3-months.

Net Profits:

Great Ajax Corp’s net profit fell -174.47% since last year same period to $-9.18Mn in the Q2 2022. On a quarterly growth basis, Great Ajax Corp has generated -356.02% fall in its net profits since last 3-months.

Net Profit Margins:

Great Ajax Corp’s net profit margin fell -170.86% since last year same period to -104.71% in the Q2 2022. On a quarterly growth basis, Great Ajax Corp has generated -537.15% fall in its net profit margins since last 3-months.

PE Ratio:

Great Ajax Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 22.56.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Great Ajax Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.31
EPS Estimate Current Year
0.31

Highlights

EPS Estimate Current Quarter:

Great Ajax Corp’s earning per share (EPS) estimates for the current quarter stand at 0.31 - a -11.43% fall from last quarter’s estimates.

EPS Estimate Current Year:

Great Ajax Corp’s earning per share (EPS) estimates for the current year stand at 0.31.

Key Ratios

Key ratios of the Great Ajax Corp post its Q2 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.04
Dividend Per Share (DPS)
0.97

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Great Ajax Corp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Great Ajax Corp’s return on equity (ROE) stands at 0.04.

Dividend Per Share (DPS):

Great Ajax Corp declared 0.97 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.35
0.15
-57.14%

Company Information

Great Ajax Corp. is a Maryland corporation that is a real estate investment trust, that focuses primarily on acquiring, investing in and managing RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. It also originates and acquires loans secured by multi-family residential and smaller commercial mixed use retail/residential properties and acquire multi-family retail/residential and mixed use and commercial properties. The Company is externally managed by Thetis Asset Management LLC. Its mortgage loans and other real estate assets are serviced by Gregory Funding LLC, an affiliated entity. It's elected to be taxed as a real estate investment trust under the Internal Revenue Code.

Organisation
Great Ajax Corp
Headquarters
13190 SW 68th Parkway, Tigard, OR, United States, 97223
Industry
Finance
CEO
Lawrence Mendelsohn