REFI - NASDAQ
Chicago Atlantic Real Estate Finance, Inc.
$11.06
-2.0%Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.
At a Glance
Live SnapshotChicago Atlantic Real Estate Finance, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.
Chicago Atlantic Real Estate Finance, Inc. Cash Flow Statement
REFI • NASDAQ
| Chicago Atlantic Real Estate Finance, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||
36B | 37M | 38.7M | 32.3M | 9.5M | |
406.7M | 0.0 | 0.0 | 563.5M | 101.1K | |
3.4B | 3.1M | 1.5M | 435.6K | 39.5K | |
-11B | -11M | -11.1M | -568.8M | -1.3M | |
(0.0) | (0.0) | (5M) | (1.7M) | (0.0) | |
-1.8M | -5.9M | -642.8K | -10.4M | -1.7M | |
28.8B | 23.2M | 28.4M | 17M | 6.7M | |
INVESTING ACTIVITIES | |||||
0.0 | 0.0 | 0.0 | 6.7B | 0.0 | |
8.7B | -39.3M | -1.9M | -6.8B | -145.2M | |
(8.7B) | -39.3M | -1.9M | -125.2M | -145.2M | |
FINANCING ACTIVITIES | |||||
872.7K | 39.6M | 7.2M | 4.5M | 223.9M | |
-6M | 37.9M | 8M | 58M | 0.0 | |
-43.8B | -41.6M | -39.1M | -28.2M | -6.8M | |
-5.1B | -1.2M | -112.3K | -625.5K | 1.7M | |
-49B | 34.6M | -24.3M | 33.7M | 218.8M | |
CASH FLOW SUMMARY | |||||
-11.5B | 18.5M | 2.2M | -74.5M | 80.2M | |
26.4B | 7.9M | 5.7M | 80.2M | 0.0 | |
14.9B | 26.4M | 7.9M | 5.7M | 80.2M | |
28.8B | 23.2M | 28.4M | 17M | 6.7M |
SEC Filings
REFI - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 23, 2026 | April 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 12, 2026 | December 31, 2025 | 2025 | |
S-3 S-3 N/A | January 16, 2026 | January 16, 2026 | ||
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 07, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 07, 2025 | August 05, 2025 | 2025 |
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