Great Ajax Corp (NYSE:AJX)
$ 3.62 0.11 (3.13%) Market Cap: 133.88 Mil Enterprise Value: 246.34 Mil PE Ratio: 0 PB Ratio: 0.53 GF Score: 55/100

Q2 2022 Great Ajax Corp Earnings Call Transcript

Aug 04, 2022 / 09:00PM GMT
Release Date Price: $10.81 (-0.46%)
Operator

Good afternoon. My name is Dennis, and I will be your conference operator today. At this time, I would like to welcome everyone to the Great Ajax Corp. Second Quarter 2020 Financial Results Conference Call. (Operator Instructions)

I would now like to turn the conference over to Larry Mendelsohn, CEO. Please go ahead.

Lawrence A. Mendelsohn
Great Ajax Corp. - Chairman & CEO

Thank you very much. Thank you, everybody, for joining us for the Great Ajax Second Quarter 2022 Conference Call. Before we get started with the presentation, I'd like to point out Page 2, the safe harbor disclosure for all the things we talked about.

On Page 3. A quick introduction and then business overview. Q2 2022 was a good quarter. However, there's quite a bit of noise in the income statement numbers, which makes it a bit confusing, but we'll walk through this on today's call. Loan performance and cash flow velocity continued and has also continued into the third quarter of 2022 as well. The significant cash flow velocity from our mortgage loans and mortgage loan

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