EARN Q2 2023 Earnings — Ellington Credit Company Revenue & Financial Results | Market Cap Arena

EARNEllington Credit Company

$178M

Q2 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$14M+292.8% YoY

Gross Profit

$3M18.8% margin

Operating Income

$1M8.4% margin

Net Income

$1M8.4% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$81,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$967M

Stockholders' Equity

$117M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	-$7M	+292.8%
Gross Profit	$3M	-$9M	+128.7%
Operating Income	$1M	-$11M	+111.2%
Net Income	$1M	-$11M	+111.2%