EPS: As of FY2025 Q2, the actual value is USD -0.76.

Sequoia Mortgage Banking

• Interest Income: $37,021 thousand for the three months ended June 30, 2025.
• Net Interest Income: $15,519 thousand for the three months ended June 30, 2025.
• Non-Interest Income: $24,396 thousand for the three months ended June 30, 2025, primarily from mortgage banking activities.

CoreVest Mortgage Banking

• Interest Income: $3,737 thousand for the three months ended June 30, 2025.
• Net Interest Income: $1,834 thousand for the three months ended June 30, 2025.
• Non-Interest Income: $19,958 thousand for the three months ended June 30, 2025, primarily from mortgage banking activities.

Redwood Investments

• Interest Income: $219,744 thousand for the three months ended June 30, 2025.
• Net Interest Income: $22,097 thousand for the three months ended June 30, 2025.
• Non-Interest Income: -$5,818 thousand for the three months ended June 30, 2025, primarily due to investment fair value changes.

Legacy Investments

• Interest Income: $23,449 thousand for the three months ended June 30, 2025.
• Net Interest Income: -$9,449 thousand for the three months ended June 30, 2025.
• Non-Interest Income: -$89,584 thousand for the three months ended June 30, 2025, primarily due to investment fair value changes.

Corporate/Other

• Interest Expense: -$16,552 thousand for the three months ended June 30, 2025.
• Net Interest Income: -$16,167 thousand for the three months ended June 30, 2025.

Cash Flow

• Net Cash Used in Operating Activities: -$4,065,748 thousand for the six months ended June 30, 2025.
• Net Cash Provided by Investing Activities: $1,637,834 thousand for the six months ended June 30, 2025.
• Net Cash Provided by Financing Activities: $2,563,213 thousand for the six months ended June 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company is focusing on strategic realignment, particularly in the Legacy Investments segment, which includes assets not aligned with core strategic objectives and are intended for sale or runoff.
• Non-Core Business: The Legacy Investments segment includes legacy unsecuritized bridge and term portfolios and other non-core assets, which are being managed for disposition.