Ellington Credit Company (EARN)

Ellington Credit Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	54.95	49.86	42.55	35.01	28.36	27.32
Total Interest Expense	20.38	8.62	42.61	-49.58	-0.79	26.85
Net Interest Income	34.56	41.24	-0.07	84.58	29.15	0.47
Revenue Before Loan Losses	34.56	41.24	-0.07	84.58	29.15	0.47
Revenue	34.56	41.24	-0.07	84.58	29.15	0.47
Revenue Growth (YoY)	37.99%	-	-	190.14%	6089.38%	-
Salaries & Employee Benefits	1.71	1.56	0.74	0.71	0.72	0.61
Cost of Services Provided	5.6	5.02	3.32	2.98	3.72	3.92
Other Operating Expenses	2.43	2.21	1.48	1.44	1.31	1.3
Total Operating Expenses	9.74	8.78	5.54	5.13	5.75	5.83
Operating Income	24.82	32.46	-5.6	79.45	23.4	-5.36
EBT Excluding Unusual Items	12.97	25.53	1.39	122.59	25.96	-7.63
Gain (Loss) on Sale of Investments	-18.02	-18.43	3.17	-152.79	-32.27	27.74
Pretax Income	-5.04	7.1	4.56	-30.2	-6.31	20.11
Income Tax Expense	0.2	0.51	-	-	-	-
Net Income	-5.25	6.59	4.56	-30.2	-6.31	20.11
Net Income to Common	-5.25	6.59	4.56	-30.2	-6.31	20.11
Net Income Growth	-	44.46%	-	-	-	-9.63%
Shares Outstanding (Basic)	27	24	15	13	13	12
Shares Outstanding (Diluted)	27	24	15	13	13	12
Shares Change (YoY)	67.58%	58.49%	13.01%	3.78%	2.68%	-0.86%
EPS (Basic)	-0.19	0.28	0.31	-2.29	-0.50	1.63
EPS (Diluted)	-0.19	0.28	0.31	-2.29	-0.50	1.63
EPS Growth	-	-8.85%	-	-	-	-8.85%
Dividend Per Share	0.960	0.960	0.960	1.040	1.180	1.120
Dividend Growth	-	-	-7.69%	-11.86%	5.36%	-5.08%
Operating Margin	71.82%	78.70%	-	93.94%	80.27%	-1136.94%
Profit Margin	-15.17%	15.97%	-	-35.70%	-21.64%	4270.06%
Effective Tax Rate	-	7.19%	-	-	-	-

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q