EARN Q1 2024 Earnings — Ellington Credit Company Revenue & Financial Results | Market Cap Arena

EARNEllington Credit Company

$178M

Q1 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$16M+19.8% YoY

Gross Profit

$6M36.8% margin

Operating Income

$4M26.7% margin

Net Income

$4M24.8% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+963.9%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$72,000

Balance Sheet

Total Assets

$964M

Total Liabilities

$821M

Stockholders' Equity

$143M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$13M	+19.8%
Gross Profit	$6M	$4M	+61.8%
Operating Income	$4M	$2M	+82.5%
Net Income	$4M	$2M	+69.5%