Ladder Capital Corp (0JSZ.L)

Real Estate | REIT Industrial
Income Statement (Quarterly) 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenue 101,942,000 97,753,000 91,549,000 121,163,000
Cost of Revenue 20,837,000 19,153,000 17,692,000 19,325,000
Gross Profit 81,425,000 78,600,000 73,857,000 101,838,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 0 11,561,000 18,761,000 11,754,000
Operating Expenses 5,276,000 12,461,000 19,661,000 48,917,000
Operating Income 26,666,000 62,314,000 21,773,000 40,517,000
Interest Expense 43,978,000 41,205,000 43,997,000 50,890,000
Income Before Tax 20,130,000 20,822,000 10,717,000 33,042,000
Income Tax Expense 960,000 3,714,000 -838,000 1,711,000
Net Income 19,189,000 17,328,000 11,775,000 31,384,000
Per Share
EPS 0.15 0.14 0.09 0.25
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Revenue 511,218,000 268,987,000 543,712,000
Cost of Revenue 82,313,000 63,737,000 80,276,000
Gross Profit 428,905,000 189,759,000 463,436,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 60,671,000 63,618,000 75,836,000
Operating Expenses 62,871,000 268,987,000 96,004,000
Operating Income 98,681,000 96,950,000 367,432,000
Interest Expense 221,537,000 245,097,000 195,602,000
Income Before Tax 110,895,000 104,745,000 170,214,000
Income Tax Expense 3,448,000 4,244,000 4,909,000
Net Income 108,255,000 101,125,000 142,217,000
Per Share
EPS 0.86 0.81 1.14
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 1,323,481,000 1,015,678,000 609,078,000
Short Term Investments 192,430,000 137,390,000 2,038,000
Net Receivables 12,936,000 25,333,000 26,238,000
Inventory 0 0 -2,038,000
Total Current Assets 1,336,417,000 1,039,911,000 4,580,260,000
Property Plant Equipment 0 680,093,000 15,800,000
Goodwill and Intangibles 670,803,000 116,831,000 64,962,000
Total Assets 4,845,073,000 5,512,677,000 5,951,173,000
Liabilities
Account Payables 0 0 0
Short Term Debt 67,162,000 0 327,395,000
Total Current Liabilities 31,838,000 129,732,000 581,691,000
Long Term Debt 3,086,317,000 3,177,339,000 3,919,090,000
Total Liabilities 3,312,134,000 3,980,479,000 4,417,612,000
Shareholders Equity
Retained Earnings -206,874,000 -197,875,000 -177,005,000
Total Shareholders Equity 1,535,030,000 1,533,148,000 1,533,346,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 1,323,481,000 1,015,678,000 609,078,000
Short Term Investments 192,430,000 137,390,000 2,038,000
Net Receivables 12,936,000 25,333,000 26,238,000
Inventory 0 0 -2,038,000
Total Current Assets 1,336,417,000 1,039,911,000 4,580,260,000
Property Plant Equipment 0 680,093,000 15,800,000
Goodwill and Intangibles 670,803,000 116,831,000 64,962,000
Total Assets 4,845,073,000 5,512,677,000 5,951,173,000
Liabilities
Account Payables 0 0 0
Short Term Debt 67,162,000 0 327,395,000
Total Current Liabilities 31,838,000 129,732,000 581,691,000
Long Term Debt 3,086,317,000 3,177,339,000 3,919,090,000
Total Liabilities 3,312,134,000 3,980,479,000 4,417,612,000
Shareholders Equity
Retained Earnings -206,874,000 -197,875,000 -177,005,000
Total Shareholders Equity 1,535,030,000 1,533,148,000 1,533,346,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 107,447,000 100,501,000 142,217,000
Depreciation & Amortization 30,627,000 28,117,000 34,436,000
Stock Based Compensation 18,829,000 18,577,000 31,584,000
Change in Working Capital -9,906,000 32,905,000 30,090,000
Operating Cash Flow 133,921,000 180,604,000 108,994,000
Investing Activities
Capital Expenditure 0 0 -6,949,000
Investments 0 0 -6,949,000
Investing Cash Flow 932,761,000 793,503,000 79,492,000
Financing Activities
Debt Repayment -644,796,000 -427,085,000 -5,394,000
Common Stock Issued/Repurchased -6,532,000 -2,481,000 2,424,317,000
Dividends Paid -117,710,000 -116,419,000 -107,011,000
Financing Cash Flow -796,586,000 -557,766,000 -150,430,000
Summary
Free Cash Flow 133,921,000 180,604,000 102,045,000
Net Change in Cash 270,096,000 416,341,000 60,334,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 107,447,000 100,501,000 142,217,000
Depreciation & Amortization 30,627,000 28,117,000 34,436,000
Stock Based Compensation 18,829,000 18,577,000 31,584,000
Change in Working Capital -9,906,000 32,905,000 30,090,000
Operating Cash Flow 133,921,000 180,604,000 108,994,000
Investing Activities
Capital Expenditure 0 0 -6,949,000
Investments 0 0 -6,949,000
Investing Cash Flow 932,761,000 793,503,000 79,492,000
Financing Activities
Debt Repayment -644,796,000 -427,085,000 -5,394,000
Common Stock Issued/Repurchased -6,532,000 -2,481,000 2,424,317,000
Dividends Paid -117,710,000 -116,419,000 -107,011,000
Financing Cash Flow -796,586,000 -557,766,000 -150,430,000
Summary
Free Cash Flow 133,921,000 180,604,000 102,045,000
Net Change in Cash 270,096,000 416,341,000 60,334,000