Name | Value |
---|---|
Revenues | 43.3M |
Cost of Revenue | 21.3M |
Gross Profit | 22.0M |
Operating Expense | 3.1M |
Operating I/L | 18.9M |
Other Income/Expense | 16.6M |
Interest Income | 115.5M |
Pretax | 35.5M |
Income Tax Expense | 1.5M |
Net Income/Loss | 50.0M |
Ellington Financial Inc. and its subsidiary, Ellington Financial Operating Partnership LLC, specialize in acquiring and managing a diverse portfolio of mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company generates revenue through the acquisition and management of various assets, including residential mortgage-backed securities (RMBS), commercial mortgage-backed securities, collateralized loan obligations, derivatives, corporate debt and equity securities, corporate loans, and consumer loans. They also invest in asset-backed securities backed by consumer and commercial assets, contributing to their overall revenue streams.