Ellington Credit Company (EARN)

Ellington Credit Company 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	49.86	42.55	35.01	28.36	27.32
Total Interest Expense	34.79	42.61	-49.58	-0.79	26.85
Net Interest Income	15.07	-0.07	84.58	29.15	0.47
Revenue Before Loan Losses	15.07	-0.07	84.58	29.15	0.47
Revenue	15.07	-0.07	84.58	29.15	0.47
Revenue Growth (YoY)	-	-	190.14%	6089.38%	-
Salaries & Employee Benefits	1.56	0.74	0.71	0.72	0.61
Cost of Services Provided	5.02	3.32	2.98	3.72	3.92
Other Operating Expenses	2.21	1.48	1.44	1.31	1.3
Total Operating Expenses	8.78	5.54	5.13	5.75	5.83
Operating Income	6.29	-5.6	79.45	23.4	-5.36
EBT Excluding Unusual Items	25.53	1.39	122.59	25.96	-7.63
Gain (Loss) on Sale of Investments	-18.43	3.17	-152.79	-32.27	27.74
Pretax Income	7.1	4.56	-30.2	-6.31	20.11
Income Tax Expense	0.51	-	-	-	-
Net Income	6.59	4.56	-30.2	-6.31	20.11
Net Income to Common	6.59	4.56	-30.2	-6.31	20.11
Net Income Growth	44.46%	-	-	-	-9.63%
Shares Outstanding (Basic)	24	15	13	13	12
Shares Outstanding (Diluted)	24	15	13	13	12
Shares Change (YoY)	58.49%	13.01%	3.78%	2.68%	-0.86%
EPS (Basic)	0.28	0.31	-2.29	-0.50	1.63
EPS (Diluted)	0.28	0.31	-2.29	-0.50	1.63
EPS Growth	-8.85%	-	-	-	-8.85%
Dividend Per Share	0.960	0.960	1.040	1.180	1.120
Dividend Growth	-	-7.69%	-11.86%	5.36%	-5.08%
Operating Margin	41.71%	-	93.94%	80.27%	-1136.94%
Profit Margin	43.71%	-	-35.70%	-21.64%	4270.06%
Effective Tax Rate	7.19%	-	-	-	-

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q