EARN Q2 2020 Earnings — Ellington Credit Company Revenue & Financial Results | Market Cap Arena

EARNEllington Credit Company

$174M

Q2 2020 Earnings

Financial Services Asset Management

Income Statement

Revenue

$25M+134.1% YoY

Gross Profit

$23M90.8% margin

Operating Income

$21M84.0% margin

Net Income

$21M84.0% margin

EPS (Diluted)

$1.73

QoQ Revenue Growth

+371.5%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$59,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.1B

Stockholders' Equity

$158M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$11M	+134.1%
Gross Profit	$23M	$1M	+1834.4%
Operating Income	$21M	-$107,000	+20048.6%
Net Income	$21M	-$107,000	+20048.6%