EARN Q1 2023 Earnings — Ellington Credit Company Revenue & Financial Results | Market Cap Arena

EARNEllington Credit Company

$178M

Q1 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$13M+188.8% YoY

Gross Profit

$4M27.3% margin

Operating Income

$2M17.5% margin

Net Income

$2M17.5% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-34.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$45,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.0B

Stockholders' Equity

$115M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	-$15M	+188.8%
Gross Profit	$4M	-$16M	+122.6%
Operating Income	$2M	-$17M	+113.4%
Net Income	$2M	-$17M	+113.4%