Angel Oak Mortgage Reit Inc Financials
Financial Health Signals
Angel Oak Mortgage Reit Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Angel Oak Mortgage Reit Inc generates $-7.70 in operating cash flow (-$221.4M OCF vs $28.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Angel Oak Mortgage Reit Inc (AOMD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Angel Oak Mortgage Reit Inc generated $110.4M in revenue in fiscal year 2024. This represents an increase of 15.1% from the prior year.
Angel Oak Mortgage Reit Inc reported $28.8M in net income in fiscal year 2024. This represents a decrease of 14.7% from the prior year.
Angel Oak Mortgage Reit Inc earned $1.17 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 13.3% from the prior year.
Angel Oak Mortgage Reit Inc held $40.8M in cash against $1.8B in long-term debt as of fiscal year 2024.
Angel Oak Mortgage Reit Inc had 24M shares outstanding in fiscal year 2024. This represents a decrease of 5.9% from the prior year.
Angel Oak Mortgage Reit Inc's net profit margin was 26.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 9.1 percentage points from the prior year.
Angel Oak Mortgage Reit Inc's ROE was 12.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.1 percentage points from the prior year.
Angel Oak Mortgage Reit Inc spent $19.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
AOMD Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.7M+4.5% | $35.1M+6.8% | $32.9M+3.1% | $31.9M+23.0% | $25.9M+2.7% | $25.2M+2.7% | $24.6M+2.7% | $23.9M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $26.5M+5.3% | $25.2M+10.4% | $22.8M+3.5% | $22.0M+33.9% | $16.4M-1.2% | $16.6M+2.0% | $16.3M-1.1% | $16.5M |
| Income Tax | $307K | $0 | $0 | $0-100.0% | $142K-50.5% | $287K-38.3% | $465K | $0 |
| Net Income | $11.4M+1387.6% | $767K-96.3% | $20.5M+236.4% | -$15.1M-5414.7% | -$273K-102.1% | $12.9M-55.0% | $28.6M+245.7% | $8.3M |
| EPS (Diluted) | $0.46+1433.3% | $0.03-96.6% | $0.87+240.3% | $-0.62-6100.0% | $-0.01-102.0% | $0.51-55.7% | $1.15+248.5% | $0.33 |
AOMD Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6B+3.3% | $2.6B-4.6% | $2.7B+17.9% | $2.3B+7.4% | $2.1B-6.1% | $2.3B-2.4% | $2.3B+0.5% | $2.3B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $51.6M+27.4% | $40.5M+4.7% | $38.7M-5.1% | $40.8M-7.3% | $44.0M+11.5% | $39.4M-5.3% | $41.6M-0.6% | $41.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.4B+2.9% | $2.3B-4.8% | $2.4B+19.4% | $2.0B+9.3% | $1.9B-6.6% | $2.0B-3.1% | $2.1B-0.6% | $2.1B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $2.2B | N/A | N/A | $1.8B | N/A | N/A | N/A | N/A |
| Total Equity | $264.2M+7.2% | $246.4M-2.0% | $251.5M+5.2% | $239.0M-6.6% | $255.8M-2.9% | $263.3M+2.8% | $256.1M+10.5% | $231.8M |
| Retained Earnings | -$209.2M+1.7% | -$212.8M-3.3% | -$205.9M+5.9% | -$218.8M+0.4% | -$219.6M-3.9% | -$211.4M+2.3% | -$216.2M+8.7% | -$236.8M |
AOMD Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$173.4M-939.7% | $20.6M+110.2% | -$201.7M-705.3% | -$25.1M-3.5% | -$24.2M-160.2% | $40.2M+185.0% | -$47.3M-176.7% | $61.7M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $26.7M-62.0% | $70.1M+192.4% | -$75.9M-318.0% | $34.8M+657.5% | -$6.2M-29.5% | -$4.8M+67.4% | -$14.8M-110.6% | $138.8M |
| Financing Cash Flow | $155.8M+273.4% | -$89.8M-132.3% | $278.2M+2501.5% | -$11.6M-133.7% | $34.3M+191.1% | -$37.7M-159.2% | $63.7M+128.1% | -$226.3M |
| Dividends Paid | $7.8M+3.1% | $7.6M+1.1% | $7.5M0.0% | $7.5M-6.0% | $8.0M+0.1% | $8.0M0.0% | $8.0M0.0% | $8.0M |
| Share Buybacks | N/A | N/A | N/A | $0 | N/A | N/A | $0 | $0 |
AOMD Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 31.1%+28.9pp | 2.2%-60.3pp | 62.5%+109.7pp | -47.2%-46.2pp | -1.1%-52.1pp | 51.1%-65.4pp | 116.5%+81.9pp | 34.6% |
| Return on Equity | 4.3%+4.0pp | 0.3%-7.8pp | 8.2%-3.6pp | 11.8% | N/A | 4.9%-6.3pp | 11.2%+7.6pp | 3.6% |
| Return on Assets | 0.4%+0.4pp | 0.0%-0.7pp | 0.8%+1.4pp | -0.7%-0.7pp | -0.0%-0.6pp | 0.6%-0.7pp | 1.2%+0.9pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.37-1.0 | 9.37-0.3 | 9.64+2.0 | 7.62+0.4 | 7.26-0.3 | 7.55-0.5 | 8.01-0.9 | 8.90 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Angel Oak Mortgage Reit Inc's annual revenue?
Angel Oak Mortgage Reit Inc (AOMD) reported $110.4M in total revenue for fiscal year 2024. This represents a 15.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Angel Oak Mortgage Reit Inc's revenue growing?
Angel Oak Mortgage Reit Inc (AOMD) revenue grew by 15.1% year-over-year, from $96.0M to $110.4M in fiscal year 2024.
Is Angel Oak Mortgage Reit Inc profitable?
Yes, Angel Oak Mortgage Reit Inc (AOMD) reported a net income of $28.8M in fiscal year 2024, with a net profit margin of 26.0%.
What is Angel Oak Mortgage Reit Inc's earnings per share (EPS)?
Angel Oak Mortgage Reit Inc (AOMD) reported diluted earnings per share of $1.17 for fiscal year 2024. This represents a -13.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Angel Oak Mortgage Reit Inc have?
As of fiscal year 2024, Angel Oak Mortgage Reit Inc (AOMD) had $40.8M in cash and equivalents against $1.8B in long-term debt.
What is Angel Oak Mortgage Reit Inc's net profit margin?
Angel Oak Mortgage Reit Inc (AOMD) had a net profit margin of 26.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Angel Oak Mortgage Reit Inc's return on equity (ROE)?
Angel Oak Mortgage Reit Inc (AOMD) has a return on equity of 12.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Angel Oak Mortgage Reit Inc's operating cash flow?
Angel Oak Mortgage Reit Inc (AOMD) generated -$221.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Angel Oak Mortgage Reit Inc's total assets?
Angel Oak Mortgage Reit Inc (AOMD) had $2.3B in total assets as of fiscal year 2024, including both current and long-term assets.
Does Angel Oak Mortgage Reit Inc buy back shares?
Yes, Angel Oak Mortgage Reit Inc (AOMD) spent $19.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Angel Oak Mortgage Reit Inc have outstanding?
Angel Oak Mortgage Reit Inc (AOMD) had 24M shares outstanding as of fiscal year 2024.
What is Angel Oak Mortgage Reit Inc's debt-to-equity ratio?
Angel Oak Mortgage Reit Inc (AOMD) had a debt-to-equity ratio of 7.62 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Angel Oak Mortgage Reit Inc's return on assets (ROA)?
Angel Oak Mortgage Reit Inc (AOMD) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Angel Oak Mortgage Reit Inc's cash runway?
Based on fiscal year 2024 data, Angel Oak Mortgage Reit Inc (AOMD) had $40.8M in cash against an annual operating cash burn of $221.4M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Angel Oak Mortgage Reit Inc's Piotroski F-Score?
Angel Oak Mortgage Reit Inc (AOMD) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Angel Oak Mortgage Reit Inc's earnings high quality?
Angel Oak Mortgage Reit Inc (AOMD) has an earnings quality ratio of -7.70x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.