| Name | Value |
|---|---|
| Revenues | 24.3M |
| Cost of Revenue | 3.0M |
| Gross Profit | 24.3M |
| Operating Expense | 1.7M |
| Operating I/L | 74.7M |
| Other Income/Expense | -55.0M |
| Interest Income | 73.8M |
| Pretax | 19.6M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 19.6M |
Invesco Mortgage Capital Inc. is a real estate investment trust (REIT) specializing in investing, financing, and managing mortgage-backed securities and other mortgage-related assets. The company focuses on residential and commercial mortgage-backed securities, credit risk transfer securities, residential and commercial mortgage loans, and other real estate-related financing arrangements. By electing to be taxed as a REIT and distributing at least 90% of its taxable income to stockholders, Invesco Mortgage Capital Inc. benefits from favorable tax treatment. This structure allows the company to generate income from interest and principal payments on its mortgage-backed securities and loans, providing returns to its investors.