ARMOUR Residential REIT, Inc. (ARR)

ARMOUR Residential REIT Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	550.95	552.9	228.43	80.48	169.4
Total Interest Expense	278.61	467.49	-732.15	-66.73	460.07
Net Interest Income	272.34	85.41	960.58	147.21	-290.67
Gain (Loss) on Sale of Investments	-311.04	-103.23	-1,111	-75.58	-5.78
Other Revenue	77.96	-6.55	-42.11	-21.34	111.93
Revenue Before Loan Losses	39.26	-24.37	-192.1	50.28	-184.52
Revenue	39.26	-24.37	-192.1	50.28	-184.52
Salaries & Employee Benefits	4.74	4.94	5.49	6.61	5.6
Cost of Services Provided	33.13	31.59	25.97	22.51	20.77
Other Operating Expenses	15.78	7.02	6.37	5.79	4.22
Total Operating Expenses	53.65	43.55	37.83	34.92	30.59
Operating Income	-14.39	-67.92	-229.93	15.36	-215.11
EBT Excluding Unusual Items	-14.39	-67.92	-229.93	15.36	-215.11
Pretax Income	-14.39	-67.92	-229.93	15.36	-215.11
Net Income	-14.39	-67.92	-229.93	15.36	-215.11
Preferred Dividends & Other Adjustments	11.98	11.98	11.98	11.47	9.79
Net Income to Common	-26.38	-79.91	-241.91	3.89	-224.9
Shares Outstanding (Basic)	52	43	24	16	13
Shares Outstanding (Diluted)	52	43	24	16	13
Shares Change (YoY)	21.15%	82.48%	46.89%	27.33%	9.06%
EPS (Basic)	-0.51	-1.86	-10.25	0.24	-17.83
EPS (Diluted)	-0.51	-1.86	-10.25	0.24	-17.85
Free Cash Flow	261.46	132.82	124.09	11.74	-257.82
Free Cash Flow Per Share	5.01	3.08	5.26	0.73	-20.44
Dividend Per Share	2.880	5.000	6.000	6.000	6.000
Dividend Growth	-42.40%	-16.67%	0%	0%	-44.44%
Operating Margin	-36.67%	-	-	30.56%	-
Profit Margin	-67.19%	-	-	7.74%	-
Free Cash Flow Margin	666.04%	-	-	23.35%	-

Source: S&P Capital IQ. Financial Services template. Financial Sources.