Name | Value |
---|---|
Revenues | 54.4M |
Cost of Revenue | 15.2M |
Gross Profit | 39.2M |
Operating Expense | 37.7M |
Operating I/L | 9.0M |
Other Income/Expense | 7.7M |
Interest Income | 24.7M |
Pretax | 16.7M |
Income Tax Expense | 0.1M |
Net Income/Loss | 8.9M |
Ellington Financial Inc. and its subsidiary, Ellington Financial Operating Partnership LLC, specialize in acquiring and managing a diverse range of financial assets in the United States. This includes residential mortgage-backed securities (RMBS) backed by various types of residential mortgage loans, commercial mortgage-backed securities, commercial mortgage loans, collateralized loan obligations, mortgage-related and non-mortgage-related derivatives, corporate debt and equity securities, corporate loans, and consumer loans and asset-backed securities. The company generates revenue through the acquisition, management, and strategic investment of these assets, providing a comprehensive suite of financial products and services to its clients.