Name | Value |
---|---|
Revenues | -187.8M |
Cost of Revenue | 3.1M |
Gross Profit | -190.8M |
Operating Expense | -272.7M |
Operating I/L | 81.9M |
Other Income/Expense | -0.1M |
Interest Income | 62.1M |
Pretax | 27.2M |
Income Tax Expense | 0.8M |
Net Income/Loss | 27.2M |
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.