$Chicago Atlantic Real Estate Finance (REFI.US)$🎯 2024.4.11...

New data: 23Q3 and 23Q4. Revenue and net profit continued to grow.

In 2023, revenue increased 17.3%, and net profit increased 19.9%.

The balance ratio increased from 23.1% to 24.3%, and both total assets and net assets increased slightly. Net asset-side loans increased slightly, with net loans accounting for 97.2% of total assets. Without increasing long-term loans, it is difficult to further expand the business. Fortunately, the leverage ratio is not high, and there is potential for growth.

Currently, the price-earnings ratio is 7.3, and the dividend ratio has reached 12.2%, so you can still choose carefully (⭐️)