See more : Anker Innovations Limited (300866.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Ellington Residential Mortgage REIT (EARN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ellington Residential Mortgage REIT, a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Ellington Residential Mortgage REIT (EARN)
About Ellington Residential Mortgage REIT
Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | -65.00K | 20.19M | -557.00K | 25.94M | 27.54M | -5.79M | 16.49M | 16.92M | 5.18M | 21.92M | 2.41M | 956.00K |
| Cost of Revenue | 0.00 | 1.44M | 1.31M | 1.30M | 1.31M | 1.24M | 1.21M | 1.61M | 1.80M | 2.48M | 0.00 | 0.00 |
| Gross Profit | -65.00K | 18.75M | -1.87M | 24.64M | 26.24M | -7.03M | 15.28M | 15.30M | 3.37M | 19.44M | 2.41M | 956.00K |
| Gross Profit Ratio | 100.00% | 92.89% | 335.91% | 95.00% | 95.26% | 121.48% | 92.67% | 90.46% | 65.16% | 88.68% | 100.00% | 100.00% |
| Research & Development | 0.00 | -2.93 | -0.21 | 0.77 | 3.11 | -0.22 | 0.29 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3.32M | 2.87M | 3.50M | 3.29M | 3.17M | 3.43M | 3.76M | 2.73M | 2.93M | 2.29M | 2.07M | 3.27M |
| Selling & Marketing | 735.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 4.05M | 2.87M | 3.50M | 3.29M | 3.17M | 3.43M | 3.76M | 2.73M | 2.93M | 2.29M | 2.07M | 3.27M |
| Other Expenses | 0.00 | -23.94M | -9.25M | -9.11M | -8.46M | -32.52M | -19.05M | -9.27M | -18.33M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 4.05M | 824.00K | -5.75M | -5.83M | -5.29M | 3.43M | 3.76M | 2.73M | 2.93M | 2.29M | 2.07M | 3.10M |
| Cost & Expenses | 4.05M | 2.26M | -5.75M | -5.83M | -5.29M | 3.43M | 1.95M | 2.28M | 2.79M | 3.47M | 2.07M | 3.10M |
| Interest Income | 42.55M | 35.01M | 28.36M | 27.32M | 43.85M | 54.55M | 49.19M | 33.50M | 40.75M | 46.82M | 27.87M | 0.00 |
| Interest Expense | 45.26M | 14.82M | 2.72M | 9.97M | 35.28M | 32.52M | 19.05M | 9.27M | 6.24M | 4.51M | 3.06M | 0.00 |
| Depreciation & Amortization | 53.93M | 25.70M | 33.24M | -3.84M | -15.11M | 61.85M | 26.65M | 17.89M | -33.26M | -18.17M | -52.09M | 2.49M |
| EBITDA | 49.82M | 17.93M | 23.39M | 14.82M | 0.00 | 19.96M | 28.20M | 21.94M | 0.00 | 0.00 | -54.00M | 348.00K |
| EBITDA Ratio | -76,638.46% | -76.18% | 1,132.68% | 77.54% | 80.80% | -366.75% | 180.93% | 125.21% | 121.08% | 94.34% | 47.35% | 36.40% |
| Operating Income | -4.12M | -15.38M | -6.31M | 20.11M | 22.26M | 21.22M | 28.20M | 21.94M | 39.52M | 38.85M | 1.14M | -2.49M |
| Operating Income Ratio | 6,335.38% | -76.18% | 1,132.68% | 77.54% | 80.80% | -366.75% | 171.00% | 129.73% | 763.75% | 177.22% | 47.35% | -260.67% |
| Total Other Income/Expenses | 8.68M | -48.13M | -6.31M | 5.30M | 0.00 | -29.90M | 1.64M | 1.45M | -39.49M | -22.68M | -3.06M | 1.96M |
| Income Before Tax | 4.56M | -30.20M | -6.31M | 20.11M | 22.26M | -11.30M | 10.79M | 11.91M | 30.00K | 16.17M | -1.91M | -2.14M |
| Income Before Tax Ratio | -7,013.85% | -149.60% | 1,132.68% | 77.54% | 80.80% | 195.18% | 65.42% | 70.39% | 0.58% | 73.76% | -79.35% | -224.27% |
| Income Tax Expense | 0.00 | 79.45M | -6.30M | -59.00K | -2.45M | 21.06M | 28.20M | 21.94M | 39.52M | 38.85M | 53.23M | 348.00K |
| Net Income | 4.56M | -30.20M | -6.31M | 20.11M | 22.26M | -11.30M | 10.79M | 11.91M | 30.00K | 16.17M | -1.91M | -2.14M |
| Net Income Ratio | -7,013.85% | -149.60% | 1,132.68% | 77.54% | 80.80% | 195.18% | 65.42% | 70.39% | 0.58% | 73.76% | -79.35% | -224.27% |
| EPS | 0.31 | -2.29 | -0.50 | 1.63 | 1.79 | -0.88 | 0.93 | 1.31 | 0.00 | 1.77 | -0.29 | -1.31 |
| EPS Diluted | 0.31 | -2.29 | -0.50 | 1.63 | 1.79 | -0.88 | 0.93 | 1.31 | 0.00 | 1.77 | -0.29 | -1.31 |
| Weighted Avg Shares Out | 14.88M | 13.16M | 12.68M | 12.35M | 12.46M | 12.81M | 11.60M | 9.12M | 9.14M | 9.14M | 6.57M | 1.63M |
| Weighted Avg Shares Out (Dil) | 14.88M | 13.16M | 12.68M | 12.35M | 12.46M | 12.81M | 11.60M | 9.12M | 9.14M | 9.14M | 6.57M | 1.63M |
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Ellington Residential Announces Estimated Book Value Per Share as of February 28, 2023
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced its estimated book value per share of $8.56 as of February 28, 2023, which reflects a year-to-date total economic return of approximately 3.8% through February 28, 2023.
Ellington Residential (EARN) Beats Q4 Earnings and Revenue Estimates
Ellington Residential (EARN) delivered earnings and revenue surprises of 25% and 114.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Ellington Residential Mortgage REIT Reports Fourth Quarter 2022 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended December 31, 2022. Highlights Net income of $11.7 million, or $0.88 per share. Adjusted Distributable Earnings1 ("ADE") of $3.3 million, or...
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Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2022 Distributions
OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2022 on the Company's common shares has been posted to the...
Source: https://incomestatements.info
Category: Stock Reports