Lument Finance Trust, Inc.

NYSE LFT

Lument Finance Trust, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2024: USD 101.03 M

Lument Finance Trust, Inc. Gross Profit is USD 101.03 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 260.74% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Lument Finance Trust, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 28.01 M, a 22.35% change year over year.
  • Lument Finance Trust, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 22.89 M, a 101.55% change year over year.
  • Lument Finance Trust, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -1.47 B, a -328.40% change year over year.
  • Lument Finance Trust, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2020 was USD -344.03 M, a 74.74% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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NYSE: LFT

Lument Finance Trust, Inc.

CEO Mr. James Peter Flynn J.D.
IPO Date March 22, 2013
Location United States
Headquarters 230 Park Avenue
Employees 600
Sector Real Estate
Industries
Description

Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. The company primarily invests in transitional floating rate commercial mortgage loans on middle market multi-family assets; and other CRE -related investments, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other CRE debt instruments. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.

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StockViz Staff

January 16, 2025

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