See more : Shenwan Hongyuan Group Co., Ltd. (000166.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of RiverNorth Opportunistic Municipal Income Fund, Inc., a leading company in the Financial – Conglomerates industry within the Financial Services sector.
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RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)
Industry: Financial - Conglomerates
Sector: Financial Services
About RiverNorth Opportunistic Municipal Income Fund, Inc.
RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust. It specializes in opportunistic investment strategies in niche markets. The firm operates as investment manager to registered funds, private funds and separately managed accounts. The company is headquartered in West Palm Beach, FL.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 5.81M | 4.50M | -26.28M | 22.24M | 5.02M | 21.93M |
| Cost of Revenue | 2.33M | 2.44M | 2.67M | 2.71M | 2.80M | 0.00 |
| Gross Profit | 3.48M | 2.06M | -28.95M | 19.53M | 2.22M | 21.93M |
| Gross Profit Ratio | 59.90% | 45.80% | 110.14% | 87.81% | 44.20% | 100.00% |
| Research & Development | 0.00 | 1.12 | -3.76 | 1.18 | 0.40 | 0.00 |
| General & Administrative | 658.47K | 537.27K | 499.33K | 511.74K | 500.12K | 307.43K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 658.47K | 537.27K | 499.33K | 511.74K | 500.12K | 307.43K |
| Other Expenses | 160.22K | 5.23M | 177.39K | 183.72K | 191.03K | 121.76K |
| Operating Expenses | 818.69K | 703.38K | 676.73K | 695.46K | 691.14K | 429.19K |
| Cost & Expenses | 3.15M | 703.38K | 676.73K | 695.46K | 691.14K | 429.19K |
| Interest Income | 3.79M | 5.19M | 4.24M | 3.85M | 3.85M | 2.39M |
| Interest Expense | 2.82M | 2.38M | 553.53K | 459.38K | 1.44M | 1.09M |
| Depreciation & Amortization | 8.07M | 228.49K | 236.56K | 206.30K | 171.86K | 161.14K |
| EBITDA | 10.74M | 6.18M | -26.41M | 21.54M | 5.78M | 44.25M |
| EBITDA Ratio | 184.74% | 84.38% | 100.47% | 96.87% | 114.99% | 103.03% |
| Operating Income | 2.66M | 3.80M | -26.41M | 21.54M | 5.78M | 22.59M |
| Operating Income Ratio | 45.82% | 84.38% | 100.47% | 96.87% | 114.99% | 103.03% |
| Total Other Income/Expenses | 5.26M | 2.44M | -553.53K | 0.00 | -1.44M | 0.00 |
| Income Before Tax | 7.92M | 3.80M | -26.96M | 21.54M | 4.33M | 21.50M |
| Income Before Tax Ratio | 136.28% | 84.38% | 102.57% | 96.87% | 86.24% | 98.04% |
| Income Tax Expense | 0.00 | 6.18M | -26.41M | 22.00M | 5.78M | -161.14K |
| Net Income | 7.92M | 3.80M | -26.96M | 21.54M | 4.33M | 21.50M |
| Net Income Ratio | 136.28% | 84.38% | 102.57% | 96.87% | 86.24% | 98.04% |
| EPS | 1.24 | 0.60 | -4.23 | 3.38 | 0.68 | 3.37 |
| EPS Diluted | 1.24 | 0.60 | -4.23 | 3.38 | 0.68 | 3.37 |
| Weighted Avg Shares Out | 6.37M | 6.37M | 6.37M | 6.37M | 6.37M | 6.38M |
| Weighted Avg Shares Out (Dil) | 6.37M | 6.37M | 6.37M | 6.37M | 6.37M | 6.38M |
RMM: Muni Exposure And Monthly Income
RMM: Muni Exposure And Monthly Income
RMI: Muni Fund With A Unique Approach
RMI: Muni Fund With A Unique Approach
2 New Closed-End Funds In The Pipeline
Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offerings or anything that...
RiverNorth Closed-End Funds Declare Monthly Distributions
CHICAGO--(BUSINESS WIRE)--Several RiverNorth closed-end funds (the “Funds”) have announced the declaration of monthly distributions for April, May and June 2021 in accordance with each Fund’s level distribution policy, as detailed below. Ex Date Record Date Payable Date April 15, 2021...
RiverNorth Closed-End Funds Declare Monthly Distributions
CHICAGO--(BUSINESS WIRE)--Several RiverNorth Closed-End Funds have announced the declaration of monthly distributions for January, February and March 2021 in accordance with each Fund’s level distribution policy, as detailed below. The following dates apply to the monthly distribution declarations for the...
Corrected Year-End Capital Gains Distribution Information for RiverNorth Flexible Municipal Income Fund, Inc. and RiverNorth Opportunistic Municipal Income Fund, Inc.
CHICAGO--(BUSINESS WIRE)--RiverNorth Flexible Municipal Income Fund, Inc. (NYSE: RFM) and RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE: RMI) are announcing corrections to the information provided with respect to each fund’s year-end capital gains distribution, discussed below. This corrects the information...
Corrected Year-End Capital Gains Distribution Information for RiverNorth Flexible Municipal Income Fund, Inc. and RiverNorth Opportunistic Municipal Income Fund, Inc.
CHICAGO--(BUSINESS WIRE)--RiverNorth Flexible Municipal Income Fund, Inc. (NYSE: RFM) and RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE: RMI) are announcing corrections to the information provided with respect to each fund's year-end capital gains distribution, discussed below. This corrects the information...
Municipal Funds-Of-Funds Are Not A Slam Dunk
With hundreds of open-end and closed-end funds in the tax-exempt sector figuring out the best allocation is a daunting task. Funds-of-funds, or funds that hold other municipal funds, are attractive in providing a way to quickly gain exposure to a...
RiverNorth Closed-End Funds Declare Monthly Distributions
CHICAGO--(BUSINESS WIRE)--Several RiverNorth Closed-End Funds announced the declaration of monthly distributions for the months of October, November and December 2020, as detailed below. The following dates apply to the monthly distribution declarations for the tax-exempt and taxable closed-end funds: Ex...
RiverNorth Closed-End Funds Declare Monthly Distributions
Several RiverNorth Closed-End Funds announced the declaration of monthly distributions for the months of July, August and September 2020, as detailed
Source: https://incomestatements.info
Category: Stock Reports