Angel Oak Mortgage REIT, Inc.

For the period ended Dec 31, 2024. Filed Mar 24, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 24, 2025

AOMN$24.40+0.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income (Loss)

(in thousands, except for share and per share data)

	For the Year Ended December 31, 2024	For the Year Ended December 31, 2023
INTEREST INCOME, NET
Interest income	$110,427	$95,953
Interest expense	73,502	67,052
NET INTEREST INCOME	36,925	28,901
REALIZED AND UNREALIZED GAINS (LOSSES), NET
Net realized gain (loss) on mortgage loans, derivative contracts, RMBS, and CMBS	(9,228)	(37,526)
Net unrealized gain (loss) on mortgage loans, debt at fair value option (see Note 3), and derivative contracts	23,761	63,489
TOTAL REALIZED AND UNREALIZED GAINS (LOSSES), NET	14,533	25,963
EXPENSES
Operating expenses	6,004	7,474
Operating expenses incurred with affiliate	1,845	2,105
Due diligence and transaction costs	782	310
Stock compensation	2,041	1,689
Securitization costs	3,799	2,484
Management fee incurred with affiliate	4,976	5,842
Total operating expenses	19,447	19,904
INCOME BEFORE INCOME TAXES	32,011	34,960
Income tax expense	3,261	1,246
NET INCOME ALLOCABLE TO COMMON STOCKHOLDERS	$28,750	$33,714
Other comprehensive income	1,500	16,152
TOTAL COMPREHENSIVE INCOME	$30,250	$49,866
Basic earnings per common share	$1.18	$1.36
Diluted earnings per common share	$1.17	$1.35
Weighted average number of common shares outstanding:
Basic	24,179,039	24,722,285
Diluted	24,396,851	24,941,758

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.