Name | Value |
---|---|
Revenues | 140.7M |
Cost of Revenue | 19.7M |
Gross Profit | 121.0M |
Operating Expense | 31.6M |
Operating I/L | 52.3M |
Other Income/Expense | 0.0M |
Interest Income | 115.9M |
Pretax | 39.2M |
Income Tax Expense | -0.1M |
Net Income/Loss | 38.7M |
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.