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 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.