Name | Value |
---|---|
Revenues | 43.3M |
Cost of Revenue | 21.3M |
Gross Profit | 22.0M |
Operating Expense | 3.1M |
Operating I/L | 110.4M |
Other Income/Expense | -57.8M |
Interest Income | 115.5M |
Pretax | 52.5M |
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 range of financial assets in the United States. The company's portfolio includes residential mortgage-backed securities (RMBS), commercial mortgage-backed securities, commercial mortgage loans, collateralized loan obligations, corporate debt and equity securities, consumer loans, and asset-backed securities. They also engage in mortgage-related and non-mortgage-related derivatives, corporate loans, and other strategic investments. Ellington Financial generates revenue through the acquisition, management, and trading of these assets, including prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans, as well as government-guaranteed RMBS.