EFC-PD Q1 2024 Earnings — Ellington Financial Inc. Revenue & Financial Results | Market Cap Arena

EFC-PDEllington Financial Inc.

$2B

Q1 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$123M+65.3% YoY

Gross Profit

$104M84.6% margin

Operating Income

$104M85.0% margin

Net Income

$34M27.3% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+44.7%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$32M

Stock-Based Comp.

$300,000

Balance Sheet

Total Assets

$15.1B

Total Liabilities

$13.6B

Stockholders' Equity

$1.5B

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$74M	+65.3%
Gross Profit	$104M	$60M	+74.2%
Operating Income	$104M	-$16M	+770.8%
Net Income	$34M	$44M	-23.8%