Ellington Credit Company
EARN Financial Asset Management
Ellington Credit Company’s revenue for fiscal 2024 (year ended December 2024) was $49.9 million, up 17.2% from fiscal 2023. In the quarter to December 2024, revenue grew 8.08%, EPS fell 109.3% and free cash flow grew 293.8%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five.
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An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.
| Dec '24 | Sep '24 | Jun '24 | Mar '24 | Older periods | |
|---|---|---|---|---|---|
Revenue |
12.85 | 12.50 | 14.13 | 10.38 |
+8 more quarters Free account |
Revenue Growth |
8.08% | 11.12% | 40.34% | 11.15% | |
Cost of Revenue |
0.82 | 0.81 | 0.64 | 0.63 | |
Gross Profit |
12.03 | 11.69 | 13.49 | 9.75 | |
SG&A Expenses |
0.77 | 1.16 | 1.12 | 0.61 | |
Operating Income |
3.87 | 2.03 | 1.73 | 10.38 | |
Non-operating Income/Expense |
(6.06) | 3.88 | (2.62) | 5.61 | |
| (2.19) | 5.91 | (0.89) | 4.26 | ||
Income Tax Provision |
(0.18) | 0.46 | (0.07) | 0.30 | |
Income after Tax |
(2.00) | 5.45 | (0.81) | 3.96 | |
Net Income Common |
(2.00) | 5.45 | (0.81) | 3.96 | |
EPS (Basic) |
(0.07) | 0.21 | (0.04) | 0.20 | |
EPS (Diluted) |
(0.07) | 0.21 | (0.04) | 0.20 | |
Shares (Basic, Weighted) |
23.58 | 25.59 | 20.35 | 19.55 | |
Shares (Diluted, Weighted) |
23.58 | 25.59 | 20.35 | 19.55 | |
Gross Margin |
93.62% | 93.49% | 95.45% | 93.91% | |
EBIT Margin |
30.14% | 16.21% | 12.26% | (12.99%) | |
EBT margin |
(17.01%) | 47.25% | (6.30%) | 41.08% | |
Net Profit Margin |
(15.61%) | 43.55% | (5.77%) | 38.16% | |
EBITDA |
6.26 | 2.61 | 2.63 | 10.38 | |
EBIT |
3.87 | 2.03 | 1.73 | (1.35) | |
Income from Continuous Operations |
(2.00) | 5.45 | (0.81) | 3.96 | |
Consolidated Net Income/Loss |
(2.00) | 5.45 | (0.81) | 3.96 | |
EPS (Basic, from Continuous Ops) |
(0.10) | 0.21 | (0.04) | 0.20 | |
EPS (Diluted, from Cont. Ops) |
(0.10) | 0.21 | (0.04) | 0.20 | |
EPS (Basic, Consolidated) |
(0.10) | 0.21 | (0.04) | 0.20 | |
EPS (Diluted, Consolidated) |
(0.10) | 0.21 | (0.04) | 0.20 | |
Shares (Diluted, Average) |
28.73 | 25.59 | 20.35 | 19.55 | |
EBITDA Margin |
48.72% | 20.86% | 18.63% | 100.00% | |
Operating Cash Flow Margin |
34.29% | 25.92% | 10.37% | (11.61%) |