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CIM| Name | Value |
|---|---|
| Revenues | 57.4M |
| Cost of Revenue | 44.4M |
| Gross Profit | 13.0M |
| Operating Expense | 6.5M |
| Operating I/L | 36.0M |
| Other Income/Expense | -4.4M |
| Interest Income | 196.9M |
| Pretax | 36.0M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 36.0M |
Chimera Investment Corporation is a real estate investment trust (REIT) that invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, and other real estate related securities. The company generates revenue by investing in investment, non-investment grade, and non-rated classes. It has elected to be taxed as a REIT, allowing it to pass income directly to shareholders. Chimera's business model revolves around acquiring and managing a diverse range of mortgage-related assets to generate income through interest payments and capital appreciation.
