EARN Q4 2023 Earnings — Ellington Credit Company Revenue & Financial Results | Market Cap Arena

EARNEllington Credit Company

$178M

Q4 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2M-92.6% YoY

Gross Profit

$991,00065.9% margin

Operating Income

$24M1593.5% margin

Net Income

$12M827.6% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

-34.2%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$48,000

Balance Sheet

Total Assets

$946M

Total Liabilities

$809M

Stockholders' Equity

$136M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$20M	-92.6%
Gross Profit	$991,000	$13M	-92.3%
Operating Income	$24M	$12M	+105.1%
Net Income	$12M	$12M	+6.5%