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Great Ajax Corp. 7.25 CV SR NT 24

AJXA•NYSE
Real Estate
REIT - Industrial
$25.07
$0.04(0.16%)
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The company's financials show resilient growth, with revenue advancing from $3.80M in Q2 2023 to -$49.38M in Q1 2024. Gross profit remained healthy with margins at 100% in Q1 2024 compared to 100% in Q2 2023. Operating income hit -$73.40M last quarter, sustaining a consistent 149% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$62.59M. Net income dropped to -$74.32M, while earnings per share reached -$2.76. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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