KREF Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2015
Revenue	202.81	205.07	177.69	143.16	121.47	Upgrade
Revenue Growth (YoY)	-1.10%	15.40%	24.13%	17.85%	2.38%	Upgrade
Gross Profit	202.81	205.07	177.69	143.16	121.47	Upgrade
Selling, General & Admin	18.79	17.62	14.24	14.24	10.52	Upgrade
Other Operating Expenses	214.97	149.8	25.59	74.11	20.41	Upgrade
Operating Expenses	233.76	167.42	39.83	88.35	30.93	Upgrade
Operating Income	-30.95	37.65	137.87	54.81	90.54	Upgrade
Other Expense / Income	-0.81	-0.51	-	-	-	Upgrade
Pretax Income	-30.14	38.16	137.87	54.81	90.54	Upgrade
Income Tax	0.71	0.06	0.68	0.41	0.58	Upgrade
Net Income	-30.85	38.1	137.18	54.4	89.97	Upgrade
Preferred Dividends	23.07	22.73	11.55	0.84	-0.53	Upgrade
Net Income Common	-53.92	15.37	125.64	53.55	90.49	Upgrade
Net Income Growth	-	-87.77%	134.60%	-40.82%	3.66%	Upgrade
Shares Outstanding (Basic)	69	68	57	56	57	Upgrade
Shares Outstanding (Diluted)	69	68	57	56	58	Upgrade
Shares Change	2.41%	18.97%	1.30%	-2.56%	4.28%	Upgrade
EPS (Basic)	-0.78	0.23	2.22	0.96	1.58	Upgrade
EPS (Diluted)	-0.78	0.23	2.21	0.96	1.57	Upgrade
EPS Growth	-	-89.59%	130.21%	-38.85%	-0.63%	Upgrade
Free Cash Flow	155.72	141.13	124.79	115.06	91.71	Upgrade
Free Cash Flow Per Share	2.25	2.09	2.21	2.06	1.60	Upgrade
Dividend Per Share	1.720	1.720	1.986	1.720	1.720	Upgrade
Dividend Growth	0%	-13.39%	15.47%	0%	1.78%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	-15.26%	18.36%	77.59%	38.29%	74.54%	Upgrade
Profit Margin	-26.59%	7.50%	70.70%	37.41%	74.50%	Upgrade
Free Cash Flow Margin	76.78%	68.82%	70.23%	80.37%	75.50%	Upgrade
Effective Tax Rate	-	0.15%	0.50%	0.75%	0.64%	Upgrade
EBITDA	-30.14	38.16	137.87	54.81	90.54	Upgrade
EBITDA Margin	-14.86%	18.61%	77.59%	38.29%	74.54%	Upgrade
EBIT	-30.14	38.16	137.87	54.81	90.54	Upgrade
EBIT Margin	-14.86%	18.61%	77.59%	38.29%	74.54%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).