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ADAMAS TRUST, INC.
CIK 1273685Updated Sep 24, 2026
SecuritiesADAM · NASDAQ · etfADAMG · NASDAQ · debentureADAMH · NASDAQ · debentureADAMI · NASDAQ · debentureADAML · NASDAQ · preferredADAMM · NASDAQ · preferredADAMN · NASDAQ · preferredADAMO · NASDAQ · debentureADAMZ · NASDAQ · preferredNYMT · OTC · reitADAMK · NASDAQ · debenture
Name history
NEW YORK MORTGAGE TRUST, INC. · through Sep 2, 2025NEW YORK MORTGAGE TRUST INC · through Jan 8, 2025
ADAM price & chart
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NASDAQ:ADAM on TradingView ↗In the news
Adamas Trust, Inc. Announces Pricing of Public Offering of Senior Notes ↗
Recent filings
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
CERT filing
8-A12B filing
424B5 filing
Show 5 more recent filings
Other Events
Items 8.01, 9.01
FWP filing
424B5 filing
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
10-Q filing
Financials
FY 2025 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 12,638,847,000Source | 9,217,282,000Source | 7,401,328,000Source | 6,240,745,000Source |
| GoodwillUSD | 22,396,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 210,333,000Source | 167,422,000Source | 187,107,000Source | 244,718,000Source |
| Operating Lease, Right-of-Use AssetUSD | 5,175,000Source | 5,460,000Source | 6,581,000Source | 7,831,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 11,208,410,000Source | 7,806,148,000Source | 5,773,202,000Source | 4,376,634,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 540,472,000Source | 535,445,000Source | 535,445,000Source | 538,351,000Source |
| Common Stock, Value, IssuedUSD | 903,000Source | 906,000Source | 907,000Source | 3,648,000Source |
| Additional Paid in CapitalUSD | 2,294,194,000Source | 2,289,044,000Source | 2,297,081,000Source | 2,279,955,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,408,647,000Source | -1,430,675,000Source | -1,253,817,000Source | -1,052,768,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 0Source | 0Source | -4,000Source | -1,970,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,426,922,000Source | 1,394,720,000Source | 1,579,612,000Source | 1,767,216,000Source |
| Liabilities and EquityUSD | 12,638,847,000Source | 9,217,282,000Source | 7,401,328,000Source | 6,240,745,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 499,000Source | 4,055,000Source | 20,453,000Source | 33,092,000Source |
| Additional Financial Items | ||||
| Dividends PayableUSD | 35,332,000Source | 30,280,000Source | 32,151,000Source | 49,996,000Source |
| Long-term DebtUSD | 735,832,000Source | 573,158,000Source | 934,053,000Source | 542,453,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 137,657,000Source | -93,953,000Source | -77,799,000Source | -340,649,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 23,125,000Source | 39,822,000Source | 24,620,000Source | 126,824,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,197,000Source | 6,068,000Source | 8,825,000Source | 11,895,000Source |
| Deferred Income Tax Expense (Benefit)USD | -97,000Source | 915,000Source | -221,000Source | -2,675,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 134,040,000Source | 14,071,000Source | 29,953,000Source | 91,783,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 16,733,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,897,123,000Source | -2,244,435,000Source | -1,219,931,000Source | -508,775,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 8,154,000Source | 24,647,000Source | 50,412,000Source | 209,372,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 1,502,000Source | 3,493,000Source | 8,615,000Source | 44,399,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,776,437,000Source | 2,228,746,000Source | 1,139,682,000Source | 460,069,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 75,507,000Source | 74,945,000Source | 128,801,000Source | 151,753,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 13,354,000Source | -1,618,000Source | -50,296,000Source | 43,077,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 342,378,000Source | 329,024,000Source | 330,642,000Source | 380,938,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 448,294,000Source | 344,725,000Source | 249,854,000Source | 161,251,000Source |
| Income Taxes Paid, NetUSD | 218,000Source | -32,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 14,173,000Source | 12,335,000Source | — | — |
| Amortization of Intangible AssetsUSD | 0Source | 2,378,000Source | 0Source | — |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -25,641,000Source | 21,000Source | -12,600,000Source | 18,344,000Source |
| Deconsolidation, Gain (Loss), AmountUSD | — | 6,115,000Source | — | 0Source |
| Depreciation, Amortization and Accretion, NetUSD | 23,125,000Source | 37,444,000Source | 24,620,000Source | — |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | — | 0Source |
| Dividends PayableUSD | 35,332,000Source | 30,280,000Source | 32,151,000Source | 49,996,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -58,303,000Source | 95,996,000Source | -26,378,000Source | — |
| Gain (Loss) on Sale of Mortgage LoansUSD | 3,300,000Source | -1,000,000Source | -800,000Source | 0Source |
| Gain (Loss) on Sale of PropertiesUSD | 8,923,000Source | 27,835,000Source | 4,763,000Source | 17,132,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | 14,443,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -884,000Source | -2,864,000Source | -796,000Source | 2,214,000Source |
| General and Administrative ExpenseUSD | 72,656,000Source | 48,672,000Source | 49,565,000Source | 52,440,000Source |
| GoodwillUSD | 22,396,000Source | — | — | — |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 137,657,000Source | -93,953,000Source | -77,799,000Source | -340,649,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -3,168,000Source | 16,011,000Source | 17,785,000Source | 15,074,000Source |
| Income Tax Expense (Benefit)USD | 145,000Source | 1,036,000Source | 75,000Source | 542,000Source |
| Net Income (Loss) Attributable to ParentUSD | 149,048,000Source | -62,029,000Source | -48,665,000Source | -298,605,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -11,391,000Source | -31,924,000Source | -29,134,000Source | -42,044,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 101,106,000Source | -103,785,000Source | -90,035,000Source | -340,577,000Source |
| Operating ExpensesUSD | 122,941,000Source | 91,695,000Source | 73,517,000Source | 348,563,000Source |
| Operating Lease, ExpenseUSD | 1,700,000Source | 1,500,000Source | 1,700,000Source | 1,700,000Source |
| Other Nonoperating Income (Expense)USD | 16,509,000Source | 29,149,000Source | 4,736,000Source | — |
| Other Operating Income (Expense), NetUSD | 123,859,000Source | -42,236,000Source | -39,431,000Source | -120,513,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 696,455,000Source | 296,611,000Source | 56,459,000Source | 24,680,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -2,557,000Source | -11,893,000Source | -8,377,000Source | -10,815,000Source |
| Provision for Loan, Lease, and Other LossesUSD | — | 3,207,000Source | — | — |
| Unrealized Gain (Loss) on InvestmentsUSD | 217,395,000Source | -90,530,000Source | 97,196,000Source | -321,081,000Source |
income statement · annual statements
| Line item | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|
| Selling, General and Administrative ExpenseUSD | 19,917,000Source | 11,425,000Source | 10,518,000Source | 7,950,000Source |
| Other Nonoperating Income (Expense)USD | 2,709,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 69,694,000Source | 29,100,000Source | 5,243,000Source | 5,670,000Source |
| Income Tax Expense (Benefit)USD | 739,000Source | 932,000Source | 433,000Source | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -97,000Source | 97,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | 28,279,000Source | 4,873,000Source | 6,805,000Source |
| Earnings Per Share, BasicUSD per share | 1.11Source | 1.08Source | 0.46Source | 0.72Source |
| Earnings Per Share, DilutedUSD per share | 1.11Source | 1.08Source | 0.46Source | 0.72Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 59,102,000Source | 26,067,000Source | 10,495,000Source | 9,422,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 59,102,000Source | 26,067,000Source | 10,495,000Source | 9,422,000Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | 1.06Source | 1Source | 0.79Source |
| Current Income Tax Expense (Benefit)USD | 739,000Source | 932,000Source | — | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | 14,000Source | — | — |
| General and Administrative ExpenseUSD | 7,916,000Source | 11,385,000Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 28,265,000Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 68,955,000Source | 28,168,000Source | 4,810,000Source | 5,670,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.11Source | 1.08Source | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.11Source | 1.08Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 14,000Source | 63,000Source | 1,135,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 14,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 2,297,000Source | 622,000Source | 2,167,000Source | 496,000Source |
| Interest ExpenseUSD | 231,178,000Source | 105,926,000Source | 4,837,000Source | 9,611,000Source |
| Interest Income (Expense), NetUSD | 60,549,000Source | 31,601,000Source | 19,454,000Source | 10,288,000Source |
| Investment Income, InterestUSD | — | 137,527,000Source | 24,291,000Source | 19,899,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 65,387,000Source | 28,279,000Source | 4,776,000Source | 6,805,000Source |
| Other Cost and Expense, OperatingUSD | 3,868,000Source | — | — | — |
| Other Operating Income (Expense), NetUSD | 29,062,000Source | 8,924,000Source | -3,693,000Source | 3,332,000Source |
| Realized Investment Gains (Losses)USD | -10,719,000Source | 6,268,000Source | 5,740,000Source | 5,362,000Source |
Filing attachments
tm2517858d2_ex4-1.htm · 8-K · 2025-06-13
EX-4.1 3 tm2517858d2_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 SUPPLEMENTAL INDENTURE This FIRST SUPPLEMENTAL INDENTURE, dated as of June 12, 2025 (this “Supplemental Indenture”), is entered into among New York Mortgage Trust, Inc. (the “Company”) and UMB Bank National Association, as Trustee. RECITALS WHEREAS, the Company and the Trustee entered into an Indenture, dated as of April 27, 2021 (as heretofore amended, supplemented or otherwise modified, the “Indenture”), providing for the issuance …
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