Redwood Trust, Inc. (RWT)

Redwood Trust Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	165.63	-7.23	541.98	-351.44	308.32
Revenue Growth (YoY)	-	-	-	-	44.30%
Gross Profit	165.63	-7.23	541.98	-351.44	308.32
Selling, General & Admin	128.3	140.91	165.22	113.5	108.74
Other Operating Expenses	21.74	19.72	21.98	12.73	9.94
Operating Expenses	150.03	160.63	187.2	126.23	118.67
Operating Income	15.6	-167.85	354.79	-477.67	189.65
Other Expense / Income	16.24	15.59	16.7	108.79	13.02
Pretax Income	-0.64	-183.44	338.09	-586.46	176.62
Income Tax	1.64	-19.92	18.48	-4.61	7.44
Net Income	-2.27	-163.52	319.61	-581.85	169.18
Preferred Dividends	6.68	0	0	0	0
Net Income Common	-8.96	-163.52	319.61	-581.85	169.18
Net Income Growth	-	-	-	-	41.46%
Shares Outstanding (Basic)	116	117	113	114	101
Shares Outstanding (Diluted)	116	117	142	114	137
Shares Change	-0.81%	-17.49%	24.69%	-16.70%	24.31%
EPS (Basic)	-0.11	-1.43	2.73	-5.12	1.63
EPS (Diluted)	-0.11	-1.43	2.37	-5.12	1.46
EPS Growth	-	-	-	-	8.96%
Free Cash Flow	-2,015.83	-139.14	-5,694.57	-505.47	-1,165.58
Free Cash Flow Per Share	-17.34	-1.19	-50.29	-4.44	-11.53
Dividend Per Share	0.710	0.920	0.780	0.725	1.200
Dividend Growth	-22.83%	17.95%	7.59%	-39.58%	1.69%
Gross Margin	100.00%	-	100.00%	-	100.00%
Operating Margin	9.42%	-	65.46%	-	61.51%
Profit Margin	-5.41%	-	58.97%	-	54.87%
Free Cash Flow Margin	-1217.06%	-	-1050.69%	-	-378.04%
Effective Tax Rate	-	-	5.47%	-	4.21%
EBITDA	14.22	-167.52	354.88	-569.09	186.76
EBITDA Margin	8.58%	-	65.48%	-	60.57%
Depreciation & Amortization	14.85	15.92	16.78	17.37	10.13
EBIT	-0.64	-183.44	338.09	-586.46	176.62
EBIT Margin	-0.39%	-	62.38%	-	57.29%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).