Income statement
USD
Annual
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 63M | 55M | 57M | 49M | 14M |
| Gross Profit | 55M | 55M | 57M | 49M | 14M |
| Operating Income | 36M | 0 | 0 | 0 | 13M |
| EBITDA | 36M | 0 | 0 | 0 | 0 |
| Net Income | 36M | 37M | 39M | 32M | 13M |
| EPS (Diluted) | — | — | — | — | — |
Real Estate
Live Price
Offline$11.45
+3.06% today
1Y Change
-19.99%
Window
Jun 23, 2025 → Jun 18, 2026
Coverage: 249 bars · Jun 23, 2025 → Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Chicago Atlantic Real Estate Finance, Inc. (REFI) is a Real Estate stock with a market cap of $250.00M and listed on NASDAQ. The stock last traded around $11.45 and down 20.0% across the available one-year price window (Jun 23, 2025 → Jun 18, 2026). Baseline metrics include revenue growth of +15.2%, EPS growth of -10.9%, a dividend yield of 15.7%. What stands out right now is revenue +15.2%, EPS -10.9%, free cash flow +124225.8% with operating margin 14.2% and ROIC 2.0%. The dividend matters to the case here, with a current yield around 15.7%. Valuation is more restrained than many high-expectation growth names at P/E 7.0 and price/sales 4.4. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines REFI price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Benchmark Comparison
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
REFI
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
REFI Max Drawdown
-24.15%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for REFI and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$14.5M
-70.4% YoY
FY Net Income
$12.7M
-60.8% YoY
Free Cash Flow
$6.7M
-60.8% YoY
Revenue Growth
+15.2%
EPS Growth
-10.9%
Gross Margin
96.6%
Net Margin
62.7%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 63M | 55M | 57M | 49M | 14M |
| Gross Profit | 55M | 55M | 57M | 49M | 14M |
| Operating Income | 36M | 0 | 0 | 0 | 13M |
| EBITDA | 36M | 0 | 0 | 0 | 0 |
| Net Income | 36M | 37M | 39M | 32M | 13M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 15M | 26M | 8M | 6M | 80M |
| Total Assets | 425M | 435M | 359M | 343M | 278M |
| Total Liabilities | 117M | 126M | 87M | 79M | 14M |
| Shareholder Equity | 308M | 309M | 272M | 264M | 264M |
| Total Debt | 98M | 104M | 66M | 58M | 0 |
| Net Debt | 83M | 78M | 58M | 52M | -80M |
Cash flow positioning
Latest Full Year
Operating Cash Flow
7M
-60.8% YoY
Capital Expenditures
3
-40.0% YoY
Free Cash Flow
7M
-60.8% YoY
Key ratios
Gross Margin
96.6%
Operating Margin
14.2%
Net Margin
62.7%
ROE
11.6%
Debt / Equity
0.32x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.