Filing Flows › Redwood Mortgage Investors IX (RWDMU) › Q2 2025
Redwood Mortgage Investors IX (RWDMU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
Redwood Mortgage Investors IX (RWDMU) reported revenue of $1.1M for the second quarter 2025 (Q2 2025), -28% from a year earlier and -1% from the quarter before. Operating margin was 25.8%, net earnings $271K (25.8% of revenue).
Redwood Mortgage Investors IX, Q2 2025: revenue $1.1M (-28% year over year), operating margin 25.8%, net earnings $271K, operating cash flow $344K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | -1% | -28% |
| Operating profit | $271K | +25% | -68% |
| Net earnings | $271K | +25% | -68% |
| Operating cash flow | $344K | +180% | -48% |
What changed
Revenue was $1.1M in Q2 2025, down 28% year over year and down 1% from the previous quarter.
Operating profit was $271K, a 25.8% margin (down 31.9 points year over year). Total costs grew 26% against a revenue fall of 28%. Net earnings were $271K, down 68% year over year. The effective tax rate was 0.0%.
Operating cash flow was $344K (down 48% year over year), 127% of net earnings. Working capital and other items added $73K.
Questions
What was Redwood Mortgage Investors IX's revenue in the second quarter 2025?
Redwood Mortgage Investors IX (RWDMU) reported revenue of $1.1M for the second quarter 2025 (Q2 2025), -28% from a year earlier and -1% from the quarter before.
Was Redwood Mortgage Investors IX profitable in the second quarter 2025?
Operating profit was $271K (25.8% of revenue) and net earnings $271K.