See more : New Era Electronics Co., Ltd (4909.TWO) Income Statement Analysis – Financial Results
Complete financial analysis of New York Mortgage Trust, Inc. (NYMTO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of New York Mortgage Trust, Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
You may be interested
- Victoria Oil & Gas Plc (VCOGF) Income Statement Analysis – Financial Results
- PT Bank Negara Indonesia (Persero) Tbk (BBNI.JK) Income Statement Analysis – Financial Results
- Navamedic ASA (NAVA.OL) Income Statement Analysis – Financial Results
- TRC Construction Public Company Limited (TRC.BK) Income Statement Analysis – Financial Results
- Mopals.com, Inc. (PALS) Income Statement Analysis – Financial Results
New York Mortgage Trust, Inc. (NYMTO)
About New York Mortgage Trust, Inc.
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the United States. Its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non-qualified mortgage loans, second mortgages, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(RMBS); agency RMBS and CMBS; and other mortgage-related, residential housing-related, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2003 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 210.00M | 8.46M | 266.51M | -207.48M | 221.91M | 142.14M | 121.80M | 105.04M | 123.39M | 188.38M | 90.87M | 40.67M | 15.54M | 15.65M | 20.14M | -12.11M | -9.56M | 4.20M | 49.15M | 40.02M | 4.34M | 1.31M | 281.00K | 149.00K |
| Cost of Revenue | 112.19M | 383.65M | 28.85M | 12.34M | 14.70M | 13.60M | 48.06M | 38.48M | 44.91M | 6.43M | 3.87M | 0.00 | 0.00 | 0.00 | 2.12M | 13.98M | 9.56M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 97.82M | -375.19M | 237.66M | -219.81M | 207.20M | 128.54M | 73.74M | 66.56M | 78.48M | 181.95M | 87.01M | 40.67M | 15.54M | 15.65M | 18.02M | -26.10M | -19.11M | 4.20M | 49.15M | 40.02M | 4.34M | 1.31M | 281.00K | 149.00K |
| Gross Profit Ratio | 46.58% | -4,436.97% | 89.18% | 105.95% | 93.37% | 90.43% | 60.54% | 63.36% | 63.61% | 96.59% | 95.74% | 100.00% | 100.00% | 100.00% | 89.48% | 215.43% | 200.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | -0.80 | 0.78 | -1.94 | 0.23 | 0.22 | 0.22 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 49.57M | 93.33M | 48.91M | 42.23M | 36.37M | 28.23M | 22.87M | 24.51M | 29.12M | 34.03M | 16.05M | 11.39M | 10.52M | 7.95M | 3.89M | 3.48M | 865.00K | 714.00K | 30.98M | 17.12M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 145.00K | 78.00K | 4.86M | 3.19M | 1.01M | 488.34K | 0.00 | 0.00 |
| SG&A | 49.57M | 93.33M | 48.91M | 42.23M | 36.37M | 28.23M | 22.87M | 24.51M | 29.12M | 34.03M | 16.05M | 11.39M | 10.52M | 7.95M | 3.89M | 3.48M | 1.01M | 792.00K | 35.84M | 20.31M | 1.01M | 488.34K | 0.00 | 0.00 |
| Other Expenses | 0.00 | 296.12M | -26.67M | -12.34M | -84.96M | 323.77M | 251.13M | -8.41M | 224.88M | 201.97M | 205.95M | 96.62M | 250.00K | 6.05M | 119.00K | 5.28M | 69.99M | 62.21M | 23.16M | -40.63M | 11.64M | 3.62M | 2.89M | 854.00K |
| Operating Expenses | 49.57M | 348.56M | 22.24M | 29.89M | -48.59M | 352.00M | 274.00M | 15.25M | 254.00M | 236.00M | 222.00M | 108.00M | 19.00M | 14.00M | 20.00M | 70.00M | 71.00M | 63.00M | 59.00M | -20.32M | 12.65M | 4.11M | 2.89M | 854.00K |
| Cost & Expenses | 161.75M | 348.56M | 22.24M | 29.89M | -48.59M | 352.00M | 274.00M | 15.25M | 254.00M | 236.00M | 222.00M | 108.00M | 19.00M | 14.00M | 3.40M | 6.91M | 71.00M | 63.00M | 59.00M | -20.32M | 12.65M | 4.11M | 2.89M | 854.00K |
| Interest Income | 258.66M | 258.39M | 206.87M | 350.16M | 694.61M | 455.80M | 366.09M | 319.31M | 336.84M | 378.85M | 291.73M | 137.53M | 24.29M | 19.90M | 31.10M | 44.12M | 50.56M | 64.88M | 77.48M | 27.30M | 7.61M | 2.99M | 1.57M | 625.00K |
| Interest Expense | 192.13M | 129.42M | 83.25M | 223.07M | 566.75M | 377.07M | 308.10M | 254.67M | 260.65M | 301.01M | 231.18M | 105.93M | 4.84M | 9.61M | 14.24M | 36.26M | 50.09M | 60.10M | 60.10M | 16.01M | 3.27M | 1.67M | 1.29M | 476.00K |
| Depreciation & Amortization | 24.62M | 671.86M | 11.16M | 214.72M | 577.97M | 367.02M | 326.49M | 282.96M | 542.00K | -2.67M | 13.42M | 10.49M | 126.00K | 669.00K | 692.00K | 1.42M | 2.38M | 4.59M | 7.99M | 2.36M | 123.57K | 271.01K | 0.00 | 0.00 |
| EBITDA | 206.44M | 0.00 | 251.86M | 0.00 | 117.69M | 449.56M | 0.00 | 0.00 | 0.00 | 136.19M | 0.00 | 0.00 | 4.81M | 6.14M | 10.88M | -18.07M | 0.00 | 0.00 | 0.00 | 351.00 | 0.00 | 0.00 | 3.17M | 1.00M |
| EBITDA Ratio | 98.30% | -2,181.63% | 92.70% | 131.48% | 53.03% | 316.29% | 331.38% | 316.99% | 278.58% | 234.06% | 345.86% | 358.07% | 65.47% | 109.17% | 132.05% | -112.07% | 29.30% | 1,182.83% | 110.29% | 55.12% | 394.09% | 433.65% | 1,128.11% | 673.15% |
| Operating Income | 48.25M | -311.30M | 195.66M | -287.53M | 173.32M | 478.90M | 7.28M | 325.31M | 343.20M | 136.19M | 68.96M | 28.17M | 4.81M | 16.42M | 10.88M | -25.76M | -5.18M | 45.07M | 46.22M | 19.70M | 16.99M | 5.42M | 3.17M | 1.00M |
| Operating Income Ratio | 22.98% | -3,681.45% | 73.41% | 138.58% | 78.10% | 336.93% | 5.98% | 309.71% | 278.14% | 72.30% | 75.88% | 69.26% | 30.96% | 104.89% | 54.04% | 212.68% | 54.22% | 1,073.51% | 94.04% | 49.23% | 391.24% | 413.01% | 1,128.11% | 673.15% |
| Total Other Income/Expenses | -125.97M | -105.98M | -15.70M | -27.36M | 172.26M | 97.58M | 84.64M | 65.00K | 0.00 | 6.40M | 0.00 | 0.00 | -278.00K | -7.23M | -15.67M | 1.66M | -52.47M | 0.00 | -60.10M | -791.47K | 0.00 | -1.94M | 4.49M | 1.23M |
| Income Before Tax | -77.72M | -340.11M | 190.93M | -287.26M | 172.48M | 103.74M | 91.92M | 70.66M | 82.55M | 142.59M | 69.69M | 29.10M | 5.24M | 1.14M | 11.67M | -24.11M | 0.00 | 0.00 | -13.89M | 3.69M | 0.00 | 0.00 | 1.88M | 527.00K |
| Income Before Tax Ratio | -37.01% | -4,022.08% | 71.64% | 138.45% | 77.72% | 72.98% | 75.47% | 67.27% | 66.90% | 75.69% | 76.69% | 71.55% | 33.75% | 7.25% | 57.94% | 199.00% | 0.00% | 0.00% | -28.26% | 9.21% | 0.00% | 0.00% | 669.40% | 353.69% |
| Income Tax Expense | 75.00K | 542.00K | 2.46M | 981.00K | -419.00K | -1.06M | 3.36M | 3.10M | 4.54M | 6.40M | 739.00K | 932.00K | 433.00K | -5.67M | 15.02M | 37.92M | 50.09M | 60.10M | -8.55M | -1.26M | 3.27M | 1.67M | 0.00 | 0.00 |
| Net Income | -48.67M | -340.65M | 193.20M | -288.24M | 173.74M | 102.89M | 91.98M | 67.55M | 78.01M | 136.19M | 68.96M | 28.28M | 4.78M | 6.81M | 11.67M | -24.11M | -55.27M | -15.03M | -5.34M | 4.95M | 13.73M | 3.75M | 1.88M | 527.00K |
| Net Income Ratio | -23.17% | -4,028.49% | 72.49% | 138.93% | 78.29% | 72.39% | 75.52% | 64.31% | 63.22% | 72.30% | 75.88% | 69.53% | 30.74% | 43.48% | 57.94% | 199.00% | 578.36% | -358.05% | -10.87% | 12.36% | 316.04% | 285.60% | 669.40% | 353.69% |
| EPS | -0.99 | -3.61 | 2.03 | -3.11 | 3.14 | 2.79 | 2.72 | 2.00 | 2.48 | 5.92 | 4.44 | 4.32 | 1.84 | 2.88 | 5.00 | -11.66 | -121.87 | -166.64 | -11.95 | 56.00 | 30.23 | 84.29 | 42.28 | 11.84 |
| EPS Diluted | -0.99 | -3.61 | 2.03 | -3.11 | 2.86 | 2.79 | 2.64 | 2.00 | 2.48 | 5.92 | 4.44 | 4.32 | 1.84 | 2.88 | 4.76 | -11.66 | -121.87 | -166.64 | -11.95 | 56.00 | 30.23 | 84.29 | 42.28 | 11.84 |
| Weighted Avg Shares Out | 91.04M | 94.32M | 94.81M | 92.61M | 60.65M | 36.86M | 27.96M | 27.40M | 27.10M | 21.97M | 14.78M | 6.52M | 2.62M | 2.36M | 2.34M | 2.07M | 453.50K | 90.20K | 446.83K | 444.93K | 454.05K | 44.49K | 44.49K | 44.49K |
| Weighted Avg Shares Out (Dil) | 91.04M | 94.32M | 95.24M | 92.75M | 60.65M | 36.86M | 32.59M | 27.40M | 27.10M | 21.97M | 14.78M | 6.52M | 2.62M | 2.36M | 2.97M | 2.07M | 453.50K | 90.20K | 446.83K | 445.00K | 454.05K | 44.49K | 44.49K | 44.49K |
How To Pick Mortgage REITs
Analysis starts with discount to book, but it doesn't end there. Using current estimates for book value is far superior to using trailing book values, but the trailing values will still give investors a rough idea.
Mortgage REIT Common Shares Are For Trading
One topic that seems to come up regularly is investors wondering about using a buy-and-hold strategy for years on common shares.
New York Mortgage Trust: What Happened With The Preferred Shares?
Volatility in the NYMT preferred shares can get pretty intense when the market expects a recession. When a recession actually occurs, the volatility roars higher.
Mortgage REITs: Earnings Recap
Mortgage REIT earnings season wrapped up this week. As with their Equity REIT peers, earnings reports were generally better-than-expected.
Assessing AGNC Investment's Results For Q2 2020 (Running On All Cylinders)
On 7/27/2020, AGNC reported results for the second quarter of 2020. AGNC reported comprehensive income of $921 million and a non-tangible BV as of 6/30/2020 of $15.86 per common share.
Mortgage REITs: Back From The Brink
Few asset classes have been slammed harder by the pandemic than Mortgage REITs, which have seen a dividend cut bloodbath with 33 of 42 mREITs suspending or reducing their dividends.
AGNC Investment's Q2 2020 And 7/24/2020 BV Projection (Indication Of An Undervalued Stock; NLY BV Projection Included)
I am projecting AGNC will report a modest (at or greater than 5% but less than 10%) BV increase for the second quarter of 2020.
AGNC Investment's Q2 2020 Income Statement And Earnings Preview - Part 3 (Includes Price Target And Recommendation)
I am projecting AGNC will report a combined notable net unrealized gain on available-for-sale securities and investment securities measured at FMV for the second quarter of 2020.
Caution In Mortgage REITs, Beware The Rally
A few mortgage REITs have outperformed by a bit too much. Shares are trading near estimated book value, or even above estimated book value.
AGNC Investment's Q2 2020 Income Statement And Earnings Projection - Part 2 (Includes Dividend Sustainability Metric And Recommendation)
Unlike the prior quarter, I'm projecting AGNC will report a notably less severe loss regarding the company’s derivative instruments and other securities for the second quarter of 2020.
Source: https://incomestatements.info
Category: Stock Reports