TIGARD, Ore. (AP) — TIGARD, Ore. (AP) — Great Ajax Corp. (AJX) on Monday reported a loss of $22.6 million in its fourth quarter.

On a per-share basis, the Tigard, Oregon-based company said it had a loss of 86 cents. Losses, adjusted for non-recurring costs, came to 7 cents per share.

The real estate investment trust posted revenue of $17.7 million in the period. Its adjusted revenue was $3.2 million.

For the year, the company reported that its loss widened to $47.1 million, or $1.96 per share. Revenue was reported as $13 million.

The company's shares closed at $4.97. A year ago, they were trading at $8.71.

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