EARN Q2 2019 Earnings — Ellington Credit Company Revenue & Financial Results | Market Cap Arena

EARNEllington Credit Company

$174M

Q2 2019 Earnings

Financial Services Asset Management

Income Statement

Revenue

$11M-0.2% YoY

Gross Profit

$1M11.0% margin

Operating Income

-$107,000-1.0% margin

Net Income

-$107,000-1.0% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-45.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$53,000

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.5B

Stockholders' Equity

$155M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$11M	-0.2%
Gross Profit	$1M	$3M	-62.9%
Operating Income	-$107,000	$2M	-106.0%
Net Income	-$107,000	$2M	-106.0%