Creative Media & Community Trust Q1 net loss widens to USD 8.42 million; revenue falls 8.9% to USD 29.42 million

Creative Media & Community Trust Corporation

Creative Media & Community Trust Corporation

CMCT

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  • Creative Media & Community Trust posted a net loss of USD 8.42 million as total revenues fell 8.9% to USD 29.42 million.
  • Net loss attributable to common stockholders widened to USD 34.7 million, driving a loss per share of USD 70.52.
  • Net cash used in operating activities totaled USD 25.99 million, while investing cash flow flipped to an inflow of USD 41.44 million on USD 44.63 million of proceeds from sale of assets held for sale.
  • Debt, net declined to USD 500.08 million, while total assets dropped to USD 792.32 million from USD 859.19 million at year-end.
  • Company completed sale of lending business First Western on Jan. 21, booking a USD 1.74 million gain; management said it intends to refinance mortgages maturing June 7, 2026 and July 1, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Creative Media & Community Trust Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000908311-26-000054), on May 08, 2026, and is solely responsible for the information contained therein.

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