Originates business purpose loans for residential real estate investors.
Jun 2026Revenue $678M/yrExpenses $442M/yr
No trend
Figures by year
Is Adamas Trust profitable?
Yes. In the 12 months to Jun 2026, revenue was $678M and expenses $442M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $602M | $464M | $138M |
| Dec 2024 | $401M | $494M | −$92.9M |
| Dec 2023 | $259M | $336M | −$77.7M |
| Dec 2022 | $258M | $598M | −$340M |
| Dec 2021 | $207M | $15.9M | $191M |
| Dec 2020 | $350M | $637M | −$287M |
| Dec 2019 | $695M | $522M | $172M |
| Dec 2018 | $456M | $352M | $104M |
| Dec 2017 | $366M | $274M | $91.9M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.