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Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, originating, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. It primarily invests in transitional floating rate CRE 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. The company is qualified as a real estate investment trust 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $20M | - | $-3M | $9M | -1.3% | -42.2% | -112.1% |
| 2024 | $35M | - | $23M | $27M | 9.5% | 15.2% | 14.9% |
| 2023 | $30M | - | $20M | $25M | 8.2% | 51.1% | 99.9% |
| 2022 | $20M | - | $10M | $16M | 4.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 20.02 | 30.27 | 34.86 | 20.15 |
| Pretax Income | 9.87 | 19.72 | 22.67 | -2.74 |
| Tax Provision | 0.01 | 0.01 | 0.02 | 0.01 |
| Net Income | 9.86 | 19.71 | 22.65 | -2.75 |
| Net Income Common Stockholders | 5.12 | 14.97 | 17.91 | -7.49 |
| Interest Expense | 32.81 | 74.80 | 80.77 | 53.89 |
| Interest Income | 56.69 | 109.19 | 122.13 | 79 |
| Selling General And Administration | 3.71 | 3.86 | 4.84 | 4.39 |
| Normalized Income | 9.86 | 19.71 | 22.65 | -2.20 |
| Basic EPS | 0.11 | 0.29 | 0.34 | 0 |
| Diluted EPS | 0.11 | 0.29 | 0.34 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Total Unusual Items | 0 | 0 | 0 | -0.55 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 0 | -0.55 |
| Net Income From Continuing Operation Net Minority Interest | 9.86 | 19.71 | 22.65 | -2.75 |
| Reconciled Depreciation | 0 | 0 | 0 | 0.78 |
| Net Interest Income | 23.87 | 34.39 | 41.36 | 25.11 |
| Net Income From Continuing And Discontinued Operation | 9.86 | 19.71 | 22.65 | -2.75 |
| Diluted Average Shares | 48.34 | 52.23 | 52.27 | 0 |
| Basic Average Shares | 48.34 | 52.23 | 52.27 | 0 |
| Diluted NI Availto Com Stockholders | 5.12 | 14.97 | 17.91 | -7.49 |
| Preferred Stock Dividends | 4.74 | 4.74 | 4.74 | 4.74 |
| Net Income Including Noncontrolling Interests | 9.86 | 19.71 | 22.65 | -2.75 |
| Net Income Continuous Operations | 9.86 | 19.71 | 22.65 | -2.75 |
| Special Income Charges | 0 | 0 | 0 | 0 |
| General And Administrative Expense | 3.71 | 3.86 | 4.84 | 4.39 |
| Other Gand A | 3.47 | 3.62 | 4.40 | 3.95 |
| Salaries And Wages | 0.24 | 0.24 | 0.45 | 0.45 |
| Operating Revenue | 20.02 | 30.27 | 34.86 | 20.15 |
| Other Non Interest Expense | 2.18 | 4.16 | 2.08 | 4.10 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Lument Finance Trust, Inc.this co. | LFT | - | - | - | -1.3% | - |
| Seven Hills Realty Trust | SEVN | $182M | 8.97 | 0.55 | 4.6% | - |
| Douglas Elliman Inc. | DOUG | $174M | 11.59 | 0.95 | 8.3% | -46.49 |
| Modiv Industrial, Inc. | MDV | $165M | - | 1.01 | 0.5% | 13.16 |
| ACRES Commercial Realty Corp. | ACR | $151M |
| 688.67 |
| 0.32 |
| 3.9% |
| - |
| Clipper Realty Inc. | CLPR | $144M | - | -1.79 | 24.6% | 17.96 |
| RPT | RPT | $109M | - | 0.45 | 0.5% | - |
| Sunrise Realty Trust, Inc. | SUNS | $100M | 7.98 | 0.55 | 6.7% | - |
| Franklin Street Properties Corp. | FSP | $65M | - | 0.11 | -7.4% | 8.75 |
| Peer Median | - | 10.28 | 0.50 | 4.3% | 10.96 | |