Great Ajax(US:AJX)2025-10-31 10:45Financial Performance - GAAP comprehensive loss for Q3 2025 was $(0.4) million, or $(0.01) per diluted common share, compared to a comprehensive income of $1.4 million in Q2 2025[5] - Earnings available for distribution were $(0.7) million, or $(0.02) per diluted common share, down from $0.1 million in Q2 2025[2] - The company reported a net loss attributable to common stockholders of $(1.559) million in Q3 2025, compared to a net income of $0.612 million in Q2 2025[9] Dividends - The company paid a common dividend of $2.7 million, maintaining a dividend of $0.06 per share[5] Income and Assets - Net interest income decreased to $3.988 million in Q3 2025 from $4.213 million in Q2 2025[9] - Total assets as of September 30, 2025, were $1,003.093 million, a decrease from $1,014.373 million at the end of Q2 2025[10] - Total liabilities decreased to $711.590 million from $719.784 million in the previous quarter[10] - The book value per common share was $5.30 as of September 30, 2025[5] - The weighted average number of diluted shares outstanding was 45,422,527 for Q3 2025[9] Strategic Direction - Rithm Property Trust is transitioning to a flexible commercial real estate investment strategy as part of a strategic transaction with Rithm Capital for 2024[21] - The company has historically focused on acquiring and managing re-performing and non-performing loans secured by single-family residences and commercial properties[21] - Rithm Property Trust is organized as a Maryland corporation to qualify as a real estate investment trust (REIT) for federal income tax purposes[21] Upcoming Events - The company will host a conference call on October 31, 2025, to discuss these financial results[7]