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Other financials

Income statement

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Revenue$15.2M+0.4%
Net income$4.8M-51.8%
EPS (diluted)$0.23-51.1%

Balance sheet

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Cash & equivalents$27.9M+182%
Total debt$49.4M+0.5%
Total equity$303.4M-2.4%
Total assets$435.9M+5.1%

Cash flow

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Operating cash flow$3.2M-58.5%
CapEx$10.1M+2.8%
Free cash flow-$6.9M-216%

Valuation

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Market cap$252.09M-9.1%
Enterprise value$273.63M-6.0%
P/E8.2×+0.9×
P/S-0.4×

Profitability

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Net margin48.9%-13.1pp
FCF margin20.5%

Returns & leverage

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Return on equity10%-2.8pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Chicago Atlantic Real Estate Finance in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: Chicago Atlantic Real Estate Finance’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-210274
Line itemFor the three months ended March 31, 2026For the three months ended March 31, 2025
Management and incentive fees, net1,719,4951,735,533
General and administrative expense1,151,4741,196,106
Professional fees503,548492,946
Stock based compensation865,354649,312
Provision (benefit) for current expected credit losses3,837,851(1,073,276)
Total expenses8,077,7223,000,621
Change in unrealized loss on investment(206,000)-
Net income before income taxes4,840,36410,041,312

Item 1. Financial Statements

FAQ

What is Chicago Atlantic Real Estate Finance's compensation and benefits?
Chicago Atlantic Real Estate Finance (REFI) reported compensation and benefits of $865.35K in Q1 2026.
How has Chicago Atlantic Real Estate Finance's compensation and benefits changed year-over-year?
Chicago Atlantic Real Estate Finance's compensation and benefits increased by 33.3% year-over-year, from $649.31K to $865.35K.
What is the long-term trend for Chicago Atlantic Real Estate Finance's compensation and benefits?
Over 3 years (2022 to 2025), Chicago Atlantic Real Estate Finance's compensation and benefits has grown at a 97.8% compound annual growth rate (CAGR), from $435.62K to $3.37M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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