Korth Direct Mortgage Inc. financial data

Industry
Mortgage Bankers & Loan Correspondents
Location
135 San Lorenzo Ave, Suite 600, Coral Gables, FL
State of incorporation
FL
Fiscal year end
December 31
Former names
Korth Direct Mortgage LLC (to 5/14/2019)
Latest financial report
10-K - Q4 2024 - Apr 1, 2025

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5M shares 0%
Common Stock, Shares, Outstanding 5M shares 0%
Entity Public Float 0 USD
Common Stock, Value, Issued 5K USD 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.3M USD -15.5%
Property, Plant and Equipment, Net 31.9M USD +80.6%
Operating Lease, Right-of-Use Asset 270K USD -46.1%
Goodwill 110K USD 0%
Assets 522M USD -5%
Deferred Income Tax Liabilities, Net 1.38M USD -31.5%
Liabilities 491M USD -5.43%
Retained Earnings (Accumulated Deficit) -3.33M USD -1234%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 30.8M USD +2.32%
Liabilities and Equity 522M USD -5%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 60M shares 0%
Common Stock, Shares, Issued 5M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.3M USD -15.5%
Deferred Tax Assets, Gross 1.44M USD +69.1%
Property, Plant and Equipment, Gross 33.5M USD +82%
Deferred Tax Assets, Operating Loss Carryforwards 935K USD +132%
Additional Paid in Capital 29.6M USD +0.18%
Operating Leases, Future Minimum Payments, Due in Two Years 271K USD +2.8%
Deferred Tax Assets, Net of Valuation Allowance 1.44M USD
Operating Leases, Future Minimum Payments, Due in Three Years 30.5K USD -88.8%
Operating Leases, Future Minimum Payments Due 302K USD -46.7%