Ellington Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	460.97	416.02	370.17	282.22	175.51	173.53
Total Interest Expense	285.75	250.51	235.57	74.5	39.67	91.04
Net Interest Income	175.23	165.5	134.6	207.72	135.84	82.5
Gain (Loss) on Sale of Investments	75.9	58.46	77.3	-581.26	-25.79	-31.74
Other Revenue	78.69	79.9	42.06	415.22	35.27	-7.43
Revenue Before Loan Losses	329.82	303.86	253.97	41.69	145.32	43.33
Revenue	329.82	303.86	253.97	41.69	145.32	43.33
Revenue Growth (YoY)	13.84%	19.65%	509.25%	-71.31%	235.41%	-51.12%
Salaries & Employee Benefits	78.74	68.73	78.43	21.09	6.71	3.78
Cost of Services Provided	43.15	36.21	42.78	23.43	34.5	16.51
Other Operating Expenses	34.36	32.9	34.5	9.01	7.92	7.05
Total Operating Expenses	156.25	137.84	155.72	53.53	49.13	27.34
Operating Income	173.56	166.02	98.25	-11.84	96.19	15.98
Earnings From Equity Investments	49.35	32.45	-0.86	-63.61	58.1	37.93
Currency Exchange Gain (Loss)	-	-	0.01	-0.02	-0.03	0.07
EBT Excluding Unusual Items	222.91	198.47	97.4	-75.47	154.27	53.99
Gain (Loss) on Sale of Investments	-61.26	-49.75	-37.22	-21.04	-13.25	-14.25
Other Unusual Items	-	-	28.18	7.93	-	-
Pretax Income	161.65	148.72	88.36	-88.59	142.73	39.75
Income Tax Expense	2.84	0.61	0.46	-17.72	3.14	11.38
Earnings From Continuing Ops.	158.81	148.1	87.9	-70.87	139.59	28.38
Minority Interest in Earnings	-3.48	-2.24	-3.81	0.82	-7.09	-3.37
Net Income	155.33	145.86	84.08	-70.05	132.49	25.01
Preferred Dividends & Other Adjustments	28.87	28.03	23.18	15.29	8.12	7.76
Net Income to Common	126.47	117.83	60.9	-85.34	124.38	17.25
Net Income Growth	15.62%	73.47%	-	-	429.80%	-56.83%
Shares Outstanding (Basic)	95	87	68	60	49	43
Shares Outstanding (Diluted)	96	88	69	61	49	44
Shares Change (YoY)	15.86%	26.97%	13.94%	23.16%	11.54%	34.52%
EPS (Basic)	1.33	1.36	0.89	-1.43	2.56	0.40
EPS (Diluted)	1.33	1.36	0.89	-1.43	2.56	0.39
EPS Growth	1.22%	52.03%	-	-	555.75%	-77.81%
Dividend Per Share	1.560	1.600	1.800	1.800	1.640	1.260
Dividend Growth	-6.02%	-11.11%	-	9.76%	30.16%	-10.00%
Operating Margin	52.62%	54.64%	38.69%	-28.41%	66.19%	36.89%
Profit Margin	38.34%	38.78%	23.98%	-204.72%	85.59%	39.80%
Effective Tax Rate	1.75%	0.41%	0.52%	-	2.20%	28.62%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.