REFI $10.15 -1.46%

REFI · Chicago Atlantic Real Estate Finance, Inc.

$10.15 -0.15 (-1.46%) At close · Aug 14

Customer concentration — top 3 customers 24.4% of revenue

3 customers — 24.4% of revenue (three months ended March 31, 2026)

“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”

3 customers — 24.3% of revenue (three months ended March 31, 2025)

“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”

3 customers — 33.2% of receivables (March 31, 2026)

“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”

One customer — 12.9% of receivables (March 31, 2026)

“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”

3 customers — 26.9% of receivables (December 31, 2025)

“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”

One customer — 11.5% of receivables (December 31, 2025)