See more : Keyne Ltd (0009.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Eagle Point Income Company Inc. (EIC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Eagle Point Income Company Inc., a leading company in the Asset Management – Income industry within the Financial Services sector.
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Eagle Point Income Company Inc. (EIC)
Industry: Asset Management - Income
Sector: Financial Services
About Eagle Point Income Company Inc.
Eagle Point Income Company manages capital on behalf of institutional, high-net-worth, and retail investors through private funds, separately managed accounts, and publicly-listed closed-end vehicles. They provide CLO securities and related investments. The investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 26.75M | 19.04M | 12.30M | -3.25M | 7.88M | 1.52M |
| Cost of Revenue | 3.88M | 3.08M | 3.27M | 1.73M | 827.57K | 395.20K |
| Gross Profit | 22.87M | 15.96M | 9.02M | -4.98M | 7.05M | 1.12M |
| Gross Profit Ratio | 85.50% | 83.83% | 73.37% | 153.19% | 89.49% | 73.98% |
| Research & Development | 0.00 | -0.84 | 0.65 | 1.55 | 0.94 | -3.23 |
| General & Administrative | 5.86M | 2.49M | 3.09M | 1.65M | 1.20M | 75.94K |
| Selling & Marketing | 0.00 | 0.00 | -4.79M | 0.00 | 0.00 | 0.00 |
| SG&A | 5.86M | 2.49M | 0.65 | 1.65M | 1.20M | -3.23 |
| Other Expenses | 0.00 | -29.29M | -840.14K | 522.89K | 433.88K | -2.00 |
| Operating Expenses | 5.86M | 29.29M | 3.30M | -522.89K | -433.88K | 25.72M |
| Cost & Expenses | 5.86M | 32.37M | 3.02M | 1.21M | 444.43K | 25.72M |
| Interest Income | 26.69M | 18.95M | 11.86M | 11.28M | 8.34M | |
| Interest Expense | 3.25M | 2.53M | 764.72K | 532.18K | 35.48K | |
| Depreciation & Amortization | 15.55M | 32.37M | 3.45M | 1.21M | 444.43K | 6.43M |
| EBITDA | 32.56M | -13.33M | 8.85M | 0.00 | 7.48M | 1.52M |
| EBITDA Ratio | 121.71% | -70.02% | 8.68% | 137.10% | 95.00% | -1,757.08% |
| Operating Income | 17.01M | -13.33M | 6.94M | -4.46M | 7.48M | 6.07M |
| Operating Income Ratio | 63.58% | -70.02% | 56.45% | 137.10% | 95.00% | 400.00% |
| Total Other Income/Expenses | 12.28M | -16.03M | 10.29M | -5.11M | 727.61K | -10.91M |
| Income Before Tax | 29.29M | -15.95M | 8.85M | -5.05M | 7.43M | -4.91M |
| Income Before Tax Ratio | 109.48% | -83.76% | 71.96% | 155.29% | 94.36% | -323.45% |
| Income Tax Expense | 0.00 | 14.20M | 8.85M | 8.31M | 6.55M | -4.91M |
| Net Income | 29.29M | -15.95M | 8.01M | -5.05M | 7.43M | -4.91M |
| Net Income Ratio | 109.48% | -83.76% | 65.13% | 155.29% | 94.36% | -323.45% |
| EPS | 3.08 | -2.28 | 0.98 | -0.83 | 1.24 | 6.04M |
| EPS Diluted | 3.08 | -2.28 | 8.01M | -0.83 | 1.24 | 6.04M |
| Weighted Avg Shares Out | 9.51M | 6.99M | 1.16 | 6.11M | 6.02M | -0.81 |
| Weighted Avg Shares Out (Dil) | 9.51M | 6.99M | 1.16 | 6.11M | 6.02M | -0.81 |
Eagle Point Income: Q3 Earnings Reinforces Portfolio Strength
Eagle Point Income (EIC) operates as a closed end fund that supported its high 14.7% dividend yield through a portfolio of CLO debt and equity investments. The recent Q3 earnings report provides reassurance of EIC's earnings potential in a changing...
Eagle Point Income Co Inc. (EIC) Q3 2024 Earnings Call Transcript
Eagle Point Income Co Inc. (NYSE:EIC ) Q3 2024 Earnings Conference Call November 14, 2024 11:30 AM ET Company Participants Garrett Edson - ICR Thomas Majewski - Chairman and Chief Executive Officer Dan Ko - Senior Principal and Portfolio Manager...
Bargain Securities From NewtekOne And Eagle Point Income Company
At our Conservative Income Portfolio service, I specialize in uncovering relatively mispriced/undervalued preferred stocks and bonds that often fly under the radar and that should significantly outperform similar securities. In this article, I present two very undervalued high yielding baby...
Eagle Point Income Company Inc. Announces First Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today is pleased to announce the declaration of distributions on shares of the Company's common stock. For the first quarter of 2025, the Company is...
Eagle Point Income Company Inc. Schedules Release of Third Quarter 2024 Financial Results on Thursday, November 14, 2024
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ended September 30, 2024 on Thursday, November 14, 2024. The Company will discuss...
CEF Weekly Review: High Premiums Can Be Fragile
We review the CEF market valuation and performance through the third week of October and highlight recent market action. Discounts widened despite NAV strength across most CEF sectors; MLPs and Equity-linked sectors led in October. High-premium CEFs exhibit higher volatility;...
Preferreds Weekly Review: Embedded Options And Redemption Likelihood
We take a look at the action in preferreds and baby bonds through the first week of October and highlight some of the key themes we are watching. Preferred stocks saw slight declines as Treasury yields rose, but year-to-date returns...
EICC: Compared To Other 2029 Choices, I Have Downgraded My Rating To Sell
I am downgrading Eagle Point Income Company Inc. NT 29, trading under EICC, from Buy to Sell due to poor yield comparisons and coverage ratio. EICC's primary investment objective is high current income, investing mainly in junior debt tranches of...
Eagle Point Income: 15% Yield On Common Stock, 8% On Preferred Stock
Eagle Point Income's strong balance sheet ensures the preferred equity is well covered, with a healthy 311% asset coverage ratio at the end of June. The focus is on preferred shares, particularly EICA, with plans to add EICC for longer...
Eagle Point Income Co Inc (EIC) Q2 2024 Earnings Call Transcript
Eagle Point Income Co Inc (NYSE:EIC ) Q2 2024 Earnings Conference Call August 6, 2024 11:30 AM ET Company Participants Peter Sceusa – ICR Tom Majewski – Chairman and Chief Executive Officer Dan Ko – Senior Principal and Portfolio Manager...
Source: https://incomestatements.info
Category: Stock Reports