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Exhibit 99.1 GREAT AJAX GREAT AJAX CORP . ANNOUNCES RESULTS FOR THE QUARTER ENDED JUNE 30 , 2021 Second Quarter Highlights Interest income of $ 23.0 million ; net interest income of $ 14.2 million Net income attributable to common stockholders of $ 10.4 million Basic earnings per common share ( " EPS " ) of $ 0.45 Book value per common share of $ 15.86 at June 30 , 2021 Taxable income of $ 0.34 per common share Formed four joint ventures that acquired $ 1.4 billion in unpaid principal balance ( " UPB " ) of mortgage loans with collateral values of $ 2.4 billion and retained $ 232.9 million of varying classes of related securities issued by the joint ventures to end the quarter with $ 558.1 million of investments in debt securities and beneficial interests Purchased $ 4.8 million re - performing mortgage loans ( " RPLS " ) , with UPB of $ 5.2 million at 60.7 % of property value to end the quarter with $ 955.6 million in net mortgage loans Collected total cash of $ 78.9 million from loan payments , sales of real estate owned ( " REO " ) and collections from investments in debt securities and beneficial interests Held $ 88.1 million of cash and cash equivalents at June 30 , 2021 ; average daily cash balance for the quarter was $ 113.0 million At June 30 , 2021 , approximately 74.2 % of portfolio based on UPB made at least 12 out of the last 12 payments New York , NY - August 5 , 2021 -Great Ajax Corp. ( NYSE : AJX ) , a Maryland corporation that is a real estate investment trust , today announces its results of operations for the quarter ended June 30 , 2021. We focus primarily on acquiring , investing in and managing a portfolio of RPLS secured by single - family residences and commercial properties and , to a lesser extent , NPLs . In addition to our continued focus on residential RPLs , we also originate and acquire small balance commercial loans ( " SBCS " ) secured by multi - family retail / residential and mixed use properties .