See more : Eco-Tek Holdings Limited (8169.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.
You may be interested
- Heijmans N.V. (HEIJM.AS) Income Statement Analysis – Financial Results
- Tinexta S.p.A. (0RIW.L) Income Statement Analysis – Financial Results
- Byron Energy Limited (BYROF) Income Statement Analysis – Financial Results
- Mandom Corporation (MDOMF) Income Statement Analysis – Financial Results
- Epiphany Technology Acquisition Corp. (EPHY) Income Statement Analysis – Financial Results
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 |
2 Big Dividend Yielders And My Rant About Accounting
Accounting is driving a failure of efficient markets. The persistency of this market failure is absurd. Investors love LIBOR swaps and don't care for other tools that serve the same purpose. DX and AGNC are much more similar than investors...
Assessing Orchid Island's Performance For Q2 2024
Orchid Island Capital, Inc.'s BV matched my/our expectations (well within range; only a $0.02 per share variance). ORC's core earnings equivalent also matched expectations (less than a $0.005 per share variance). No surprises. No change in Orchid Island Capital's percentage...
Mortgage REITs Surging
After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on...
Certainly Uncertain
U.S. equity markets posted their worst week since April while benchmark interest rates rebounded from four-month lows as a wild week of political developments sparked a surge in volatility. Markets reflected a higher likelihood of a conservative victory after former...
Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods
Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: VZ, EPD, ECC, OXLC, NEP,...
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the change in valuation. These shares...
Kyocera Introduces Cutting-Edge Peltier Module with 21% Increase in Cooling Performance
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (President: Hideo Tanimoto, hereinafter: Kyocera)(TOKYO:6971) today introduced a new Peltier (thermoelectric) module with improved heat absorption. This new Peltier module has a maximum heat absorption rate*1 21% higher than Kyocera's conventional products, enabling dramatically enhanced cooling...
3 Red Flag Stocks Heading for a Catastrophic Plunge
Spotting read flags early can play a crucial role in protecting your portfolio. Today, I'm going to look into three stocks to sell.
4 Double-Digit Dividend Distributors
Dividend yields from 13.2% to 17.4%. Two of these stocks are awful. Pair trade? I keep buying one of the REITs. Hopefully, it isn't one of the awful ones. That would be awful.
Orchid Island Capital Announces June 2024 Monthly Dividend and May 31, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of June 2024. The dividend of $0.12 per share will be...
Source: https://incomestatements.info
Category: Stock Reports