See more : China Shun Ke Long Holdings Limited (0974.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Orchid Island Capital, Inc. (ORC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Orchid Island Capital, Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Orchid Island Capital, Inc. (ORC)
About Orchid Island Capital, Inc.
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 154.93M | -237.74M | -49.51M | 12.67M | 34.65M | -32.43M | 13.17M | 11.07M | 8.97M | 29.01M | 970.09K | 1.27M | 401.87K | 8.85K |
| Cost of Revenue | 11.21M | 237.74M | 49.51M | 6.34M | 6.53M | 7.84M | 6.98M | 4.84M | 1.31M | 572.00K | 178.00K | 177.00K | 0.00 | 0.00 |
| Gross Profit | 143.72M | -475.49M | -99.02M | 6.33M | 28.13M | -40.26M | 6.19M | 6.23M | 7.66M | 28.44M | 792.09K | 1.09M | 401.87K | 8.85K |
| Gross Profit Ratio | 92.77% | 200.00% | 200.00% | 49.98% | 81.17% | 124.16% | 47.02% | 56.29% | 85.44% | 98.03% | 81.65% | 86.03% | 100.00% | 100.00% |
| Research & Development | 0.00 | -23.63 | -0.50 | 0.02 | 0.18 | -0.36 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3.44M | 2.99M | 2.88M | 1.65M | 1.38M | 1.71M | 1.91M | 2.08M | 1.91M | 1.71M | 416.01K | 106.01K | 477.36K | 21.96K |
| 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 |
| SG&A | 3.44M | 2.99M | 2.88M | 1.65M | 1.38M | 1.71M | 1.91M | 2.08M | 1.91M | 1.71M | 416.01K | 106.01K | 477.36K | 21.96K |
| Other Expenses | 0.00 | -4.09M | -1.48M | -1.06M | -997.00K | -1.63M | -1.12M | -652.00K | -241.00K | -182.00K | -167.99K | -448.88K | -1.97M | -55.77K |
| Operating Expenses | -20.70M | -1.11M | 1.40M | 590.00K | 378.00K | 78.00K | 1.12M | 871.00K | 706.00K | 588.00K | 420.00M | -342.87K | -1.50M | -33.82K |
| Cost & Expenses | -20.70M | -1.11M | 1.40M | 590.00K | 378.00K | 78.00K | 1.12M | 871.00K | 706.00K | 588.00K | 420.00M | -342.87K | -1.50M | -33.82K |
| Interest Income | 177.57M | 144.63M | 134.70M | 116.05M | 142.32M | 154.58M | 145.96M | 87.13M | 68.81M | 31.80M | 9.20M | 2.70M | 1.77M | 69.34K |
| Interest Expense | 201.92M | 61.71M | 7.09M | 25.06M | 83.67M | 70.36M | 41.67M | 15.60M | 7.27M | 3.03M | 1.13M | 277.33K | 96.22K | 5.19K |
| Depreciation & Amortization | 0.00 | 207.68M | 186.83M | 63.88M | 107.18M | 168.68M | 136.17M | 88.23M | -1.07M | -24.52M | 698.00K | -534.00K | 0.00 | 0.00 |
| EBITDA | 0.00 | 0.00 | -64.76M | 2.13M | 0.00 | 25.97M | 43.68M | 17.58M | 8.34M | 0.00 | 0.00 | 343.00 | -1.09M | -24.97K |
| EBITDA Ratio | 0.00% | 82.75% | 130.80% | 16.79% | 70.03% | -80.10% | 331.57% | 158.81% | 93.05% | 94.98% | 44.14% | 64.06% | -272.23% | -282.22% |
| Operating Income | 0.00 | -196.75M | -64.76M | 2.13M | 24.27M | 25.97M | 43.68M | 17.58M | 8.34M | 27.55M | 428.20K | 811.67K | -1.09M | -24.97K |
| Operating Income Ratio | 0.00% | 82.75% | 130.80% | 16.79% | 70.03% | -80.10% | 331.57% | 158.81% | 93.05% | 94.98% | 44.14% | 64.06% | -272.23% | -282.22% |
| Total Other Income/Expenses | -39.23M | 1.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 343.00 | -1.25M | 0.00 |
| Income Before Tax | -39.23M | -258.45M | -64.76M | 2.13M | 24.27M | -44.39M | 2.01M | 1.98M | 1.07M | 24.52M | -698.01K | 534.34K | 0.00 | 0.00 |
| Income Before Tax Ratio | -25.32% | 108.71% | 130.80% | 16.79% | 70.03% | 136.89% | 15.24% | 17.87% | 11.95% | 84.53% | -71.95% | 42.17% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | -258.45M | -71.85M | -22.93M | -59.40M | -161.14K | 43.68M | 17.58M | 1.07M | 24.52M | -698.00K | 534.00K | 1.19M | 30.15K |
| Net Income | -39.23M | -258.45M | -64.76M | 2.13M | 24.27M | -44.39M | 2.01M | 1.98M | 1.07M | 24.52M | -698.01K | 534.34K | -1.19M | -30.15K |
| Net Income Ratio | -25.32% | 108.71% | 130.80% | 16.79% | 70.03% | 136.89% | 15.24% | 17.87% | 11.95% | 84.53% | -71.95% | 42.17% | -296.17% | -340.84% |
| EPS | -0.88 | -6.90 | -2.67 | 0.16 | 2.15 | -4.25 | 0.25 | 0.40 | 0.25 | 7.34 | -1.16 | 0.80 | -1.21 | -0.05 |
| EPS Diluted | -0.88 | -6.90 | -2.67 | 0.16 | 2.15 | -4.25 | 0.25 | 0.40 | 0.25 | 7.34 | -1.15 | 0.80 | -1.21 | -0.05 |
| Weighted Avg Shares Out | 44.65M | 37.46M | 24.23M | 13.44M | 11.27M | 10.44M | 8.21M | 4.82M | 4.05M | 3.34M | 602.38K | 668.33K | 983.65K | 668.33K |
| Weighted Avg Shares Out (Dil) | 44.65M | 37.46M | 24.23M | 13.44M | 11.27M | 10.44M | 8.21M | 4.82M | 4.05M | 3.34M | 606.96K | 668.33K | 983.65K | 668.33K |
Orchid Island Capital, Inc. (ORC) Q3 2024 Earnings Call Transcript
Orchid Island Capital, Inc. (NYSE:ORC ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participants Jason Weaver - JonesTrading Mikhail Goberman - Citizens...
Orchid Island Capital Announces Third Quarter 2024 Results
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VERO BEACH, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the third quarter of 2024 following the close...
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