See more : 1st Constitution Bancorp (FCCY) 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.
You may be interested
- MPH Health Care AG (93M1.DE) Income Statement Analysis – Financial Results
- INVO Bioscience, Inc. (INVO) Income Statement Analysis – Financial Results
- Candela Invest SA (CAND.BR) Income Statement Analysis – Financial Results
- YUNDA Holding Co., Ltd. (002120.SZ) Income Statement Analysis – Financial Results
- Adara Acquisition Corp. (ADRA-WT) Income Statement Analysis – Financial Results
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 |
EICB: New 7.75% Term Preferred From CEF EIC That's Worth A Look
CLO CEF Eagle Point Income Co Inc is issuing another preferred - EICB - with a 7.75% coupon and a 2028 maturity. At "par," EICB has a significant yield advantage over its sister preferred EICA, so a switch to EICB...
Preferreds Weekly Review: Term Preferreds Yields Aren't Well Understood
We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds mostly rallied on the week as credit spreads continued to tighten...
Eagle Point Income Company Inc. Prices Offering of Preferred Stock
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced that it has priced an underwritten public offering of 1,130,500 shares of its 7.75% Series B Term Preferred Stock due 2028 (the “Preferred Stock”) at a...
Readers Reveal 30 June Dividend Buys
Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: GGB, PFE, VFC, SB, GSL, BTI, PDM, PBR,...
Eagle Point Income Company Inc. Announces Offering of Preferred Stock
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced that it has commenced an underwritten public offering of its Series B Term Preferred Stock (the “Preferred Stock”). The public offering price and other terms of...
EIC: 0% Returns Since Inception, Here Are Two Alternatives For The Next Two Years
Eagle Point Income Company Inc. has trailed its benchmark and delivered 0% total returns since inception. Over the next two years, we think the fund can deliver returns in line with the CS leveraged loan index i.e. 5-6%. With an...
CEF Weekly Review: Comparing Yield To Long-Term Performance Requires Care
We review CEF market valuation and performance through the second week of May and highlight recent market action. CEFs were broadly down this week, under pressure from falling Treasuries and stocks.
CEF Weekly Review: Investors Continue To Shy Away From Loans And Munis
CEF Weekly Review: Investors Continue To Shy Away From Loans And Munis.
Weekly Closed-End Fund Roundup: March 12, 2023
Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.
EIC: We Need To Talk About Performance
In this article, we focus on the performance of the CLO Debt/Equity CEF EIC. Specifically, we discuss the fund's odd underperformance of its underlying asset class as well as other funds focused on similar assets.
Source: https://incomestatements.info
Category: Stock Reports