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

EFCEllington Financial Inc.

$1B

Q1 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$70M-6.0% YoY

Gross Profit

$70M100.0% margin

Operating Income

$32M45.7% margin

Net Income

$34M48.1% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-11.6%

Cash Flow

Operating Cash Flow

-$59M

Free Cash Flow

-$59M

Stock-Based Comp.

$0

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	$70M	$74M	-6.0%
Gross Profit	$70M	$74M	-6.0%
Operating Income	$32M	$41M	-22.9%
Net Income	$34M	$44M	-23.8%