Name | Value |
---|---|
Revenues | 69.3M |
Cost of Revenue | 3.0M |
Gross Profit | 66.3M |
Operating Expense | 2.1M |
Operating I/L | 71.2M |
Other Income/Expense | 0.0M |
Interest Income | 69.3M |
Pretax | 21.5M |
Income Tax Expense | 49.7M |
Net Income/Loss | -28.3M |
Invesco Mortgage Capital Inc. is a real estate investment trust (REIT) specializing in investing in and managing mortgage-backed securities and other mortgage-related assets. The company focuses on residential and commercial mortgage-backed securities, government-guaranteed securities, credit risk transfer securities, residential and commercial mortgage loans, and 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. generates revenue through interest income, capital gains from the sale of securities, and fees from managing and financing mortgage-related assets.