AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

Popularity #1,985Ex-dividend today · $0.30

ADAM · NASDAQ · REIT - Mortgage

Adamas Trust (ADAM)

Holder of agency-guaranteed mortgage bonds and single-family credit through its own loan originator.

$8.80

After hours−0.00 (−0.06%)

At close$8.81(−1.23%)

In millions of USD, except per-share figures

In millions	Q4 FY20Dec 2020	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	94	80	116	130	135	130	187	157	227	236	267	228
Cost of revenue	4	62	69	72	88	92	97	104	124	128	124	33
Gross profit	91	18	53	53	94	38	91	52	102	108	143	195
	10	−84	134	77	51	70	53	48	63	52	56	14
	10	12	11	10	11	10	11	11	22	23	23	26
Selling & marketing	9	3	0	0	0	0	0	0	0	0	0	0
General & administrative	0	9	11	10	11	10	11	11	22	23	23	26
Other expenses	0	−95	122	67	40	59	42	38	41	29	34	−12
Operating income	81	102	39	50	119	−32	38	4	39	56	87	181
	−1	−69	−120	−74	−76	0	0	0	0	0	0	−128
Interest income	46	79	84	91	108	118	130	141	161	171	172	174
Interest expense	20	62	66	72	88	92	97	104	124	128	124	127
Other non-operating income	−13	0	0	0	0	0	0	0	0	0	0	1
Income before tax	80	33	−80	−24	43	−32	38	4	39	56	87	53
Income tax expense	0	0	0	0	2	−2	1	0	0	0	0	0
Net income from continuing operations	80	33	−80	−24	40	−30	37	4	40	56	87	53
Net income	80	42	−58	−16	43	−31	42	9	45	54	49	55
EPS, basic	$0.74	$0.35	−$0.75	−$0.29	$0.36	−$0.46	$0.34	$0.09	$0.36	$0.46	$0.41	$0.48
EPS, diluted	$0.70	$0.35	−$0.75	−$0.29	$0.36	−$0.46	$0.33	$0.09	$0.36	$0.45	$0.40	$0.47
Weighted average shares, basic	94	91	91	91	91	91	91	90	90	90	90	90
Weighted average shares, diluted	100	91	91	91	91	91	91	90	92	92	92	92
EBITDA	100	108	52	−5	57	−19	48	14	50	65	97	185
Depreciation & amortization	0	6	13	19	14	12	11	10	10	9	10	5
EBIT	100	102	39	−24	43	−32	38	4	39	56	87	180