Korth Direct Mortgage Inc. financial data

Location
Coral Gables, FL
Fiscal year end
31 December
Latest financial report
10-Q - Q1 2025 - 15 May 2025

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5,000,000 shares 0%
Common Stock, Shares, Outstanding 5,000,000 shares 0%
Common Stock, Value, Issued $5,000 USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $4,698,227 USD 128%
Cost of Revenue $1,590,305 USD 151%
Operating Income (Loss) $954,569 USD
Nonoperating Income (Expense) $177,260 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,131,829 USD
Income Tax Expense (Benefit) $285,731 USD
Net Income (Loss) Attributable to Parent $739,996 USD

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $14,589,322 USD -35%
Property, Plant and Equipment, Net $69,563,421 USD 117%
Operating Lease, Right-of-Use Asset $622,220 USD 89%
Goodwill $110,000 USD 0%
Assets $403,072,699 USD -24%
Deferred Income Tax Liabilities, Net $2,216,100 USD 35%
Liabilities $370,500,912 USD -26%
Retained Earnings (Accumulated Deficit) $2,273,924 USD -1.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $32,571,787 USD 18%
Liabilities and Equity $403,072,699 USD -24%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $1,492,121 USD
Net Cash Provided by (Used in) Financing Activities $152,333 USD
Net Cash Provided by (Used in) Investing Activities $11,494 USD -361%
Common Stock, Shares Authorized 60,000,000 shares 0%
Common Stock, Shares, Issued 5,000,000 shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $14,589,322 USD -35%
Interest Paid, Excluding Capitalized Interest, Operating Activities $455,303 USD 17534%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Depreciation $323,325 USD 91%
Payments to Acquire Property, Plant, and Equipment $11,494 USD 361%
Property, Plant and Equipment, Gross $71,868,924 USD 115%
Additional Paid in Capital $29,672,429 USD 0.18%
Operating Leases, Future Minimum Payments, Due in Two Years $280,259 USD 323%
Operating Leases, Future Minimum Payments Due, Next Twelve Months $68,078 USD
Operating Leases, Future Minimum Payments, Due in Three Years $279,952 USD 3.1%
Operating Leases, Future Minimum Payments Due $651,675 USD 77%
Interest Expense $484,932 USD -30%