Lument Finance Trust, Inc. (LFT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	74.8M	79.2M	34.9M	32.1M	20.0M
Cost of Revenue	28.0M	7.9M	—	—	—
Gross Profit	46.8M	71.3M	34.9M	32.1M	20.0M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	6.3M	3.9M	4.8M	10.1M	3.7M
General & Admin Expense	6.3M	3.9M	4.8M	10.1M	3.7M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	8.3M	15.2M	30.0M	4.2M	16.3M
Total Operating Expenses	14.5M	19.1M	34.9M	10.1M	20.0M
Cost and Expenses	42.5M	27.0M	34.9M	10.1M	20.0M
Operating Income (EBIT)	32.3M	52.2M	—	22.0M	—
Non-Operating
Interest Income	76.2M	79.0M	122.1M	109.2M	56.7M
Interest Expense	55.6M	53.9M	80.8M	74.8M	32.8M
Net Interest Income	20.6M	25.1M	41.4M	34.4M	23.9M
Other Non-Op Income/Expense	(41.2M)	(54.9M)	22.7M	(2.3M)	9.9M
Non-Operating Income (excl Interest)	2.8M	1.0M	—	(72.5M)	—
EBT (Pre-Tax Income)	(13.7M)	(2.7M)	22.7M	19.7M	9.9M
Income Tax Expense	(11.7K)	8.2K	18.8K	5.7K	11.1K
Bottom Line
Net Income	(13.7M)	(2.7M)	22.6M	19.7M	9.9M
Earnings from Cont. Ops	(13.7M)	(2.7M)	22.6M	19.7M	9.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(17.3M)	(7.5M)	17.9M	15.0M	5.1M
Per Share
Basic EPS	($0.36)	($0.14)	$0.34	$0.29	$0.11
Diluted EPS	($0.36)	($0.14)	$0.34	$0.29	$0.11
Revenue Per Share	$1.43	$1.51	$0.67	$0.61	$0.41
Shares
Basic Shares Outstanding	52.5M	52.3M	52.3M	52.2M	48.3M
Diluted Shares Outstanding	52.5M	52.3M	52.3M	52.2M	48.3M
Profitability Metrics
EBITDA	30.8M	51.9M	—	167.1M	61.1K
D&A	1.3M	779.3K	—	72.5M	61.1K
EBIT	29.4M	51.2M	—	94.5M	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026