NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “Rithm Property Trust” or the “Company”) today announced the following financial results for the quarter ended December 31, 2024.
Fourth Quarter Financial Highlights::
- GAAP net income attributable to common stockholders of $2.9 million, or $0.06 per diluted share1
- Earnings available for distribution of $0.3 million or $0.01 per diluted common share1,2
- Book value per common share of $5.44 at December 31, 20241
- Paid a common dividend of $2.8 million, or $0.06 per common share
| Q4 2024 | Q3 2024 | |||||
|---|---|---|---|---|---|---|
| Summary of Operating Results: | ||||||
| GAAP Net Income/(Loss) per Diluted Common Share1 | $ | 0.06 | $ | (0.18) | ||
| GAAP Net Income/(Loss) | $ 2.9 million | $ (8.0) million | ||||
| Non-GAAP Results: | ||||||
| Earnings Available for Distribution per Diluted Common Share1,2 | $ | 0.01 | $ | (0.12) | ||
| Earnings Available for Distribution | $ 0.3 million | $ (5.4) million | ||||
Contacts
Investor Relations
646-868-5483
ir@rithmpropertytrust.com