NASDAQ$REFI

Chicago Atlantic Real Estate Finance Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and period ended December 31, 2021.

Chicago Atlantic Real Estate Finance announced its results for the fourth quarter and period ended December 31, 2021, focusing on growing the loan originations pipeline and deploying capital at attractive yields.

  • Completed total loan fundings of $114.7 million since the IPO to 13 separate borrowers.
  • Nearly half of the loan fundings were new relationships.
  • Upsized credit facility to meet growing capital demand in limited-license states.
  • Established a reputation as a lender of choice to leading cannabis operators.

Headline financials

Total Revenue

$5.78M

No prior period
EPS (adj)

$0.61

No prior period
Net Income

$4.36M

No prior period
Gross Profit

$5.66M

No prior period
Cash & Equivalents

$80.2M

No prior period
Total Assets

$278M

No prior period
Stock-Based Comp

$29.6K

No prior period

Revenue & EPS history

Chicago Atlantic · Revenue · Quarterly

$5.78M

Q4 2021
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

The release contains forward-looking statements that reflect current views and projections with respect to future events and financial performance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-0.5%

Avg return

30 days after

32%

6 / 19 earnings

Positive

+11.1%

Q3 2022

Best reaction

-5.6%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.1%-7.2%-8.0%
Q4 2025-0.3%+2.7%-5.3%
Q3 2025-2.3%+0.4%-1.1%
Q1 2025+0.4%+2.8%-1.6%
Q4 2024-3.5%-2.2%-15.1%
Q3 2024+1.5%+0.4%+2.8%
Q2 2024-1.4%-2.5%+1.4%
Q1 2024-2.4%-1.4%-1.9%
Q4 2023-1.1%-1.0%-4.4%
Q3 2023+0.5%+0.3%+4.0%
Q2 2023-1.7%-3.4%-1.2%
Q1 2023+3.8%+1.3%+8.4%
Q4 2022-5.6%-8.5%-3.6%
Q3 2021+11.1%+11.5%+13.4%
Q3 2022+11.1%+11.5%+13.4%
Q2 2022-2.8%+0.5%-5.2%
Q1 2022+0.0%-1.6%+4.0%
Q2 2021-3.4%-1.8%-12.2%
Q4 2021-0.2%+3.3%+2.9%

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