Angel Oak Mortgage REIT Inc
F:57V
Income Statement
Earnings Waterfall
Angel Oak Mortgage REIT Inc
Income Statement
Angel Oak Mortgage REIT Inc
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue |
12
N/A
|
17
+42%
|
23
+40%
|
29
+22%
|
33
+16%
|
36
+8%
|
37
+3%
|
41
+12%
|
49
+19%
|
57
+16%
|
63
+11%
|
62
-2%
|
53
-15%
|
42
-19%
|
32
-24%
|
28
-13%
|
29
+3%
|
31
+6%
|
34
+10%
|
35
+5%
|
37
+5%
|
38
+4%
|
39
+1%
|
40
+3%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(2)
|
0
|
(3)
|
(3)
|
(3)
|
0
|
(0)
|
(0)
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Gross Profit |
9
N/A
|
0
N/A
|
14
N/A
|
19
+44%
|
31
+58%
|
0
N/A
|
27
N/A
|
32
+16%
|
49
+55%
|
55
+12%
|
61
+11%
|
59
-4%
|
49
-16%
|
40
-18%
|
29
-27%
|
26
-12%
|
26
+3%
|
29
+9%
|
32
+9%
|
34
+6%
|
33
-1%
|
35
+5%
|
35
+0%
|
36
+3%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(10)
|
(8)
|
(12)
|
(17)
|
(22)
|
(26)
|
(30)
|
(29)
|
(27)
|
(25)
|
(18)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(8)
|
(9)
|
(11)
|
(15)
|
(14)
|
(13)
|
(12)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
|
| Other Operating Expenses |
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(6)
|
(4)
|
(8)
|
(9)
|
(13)
|
(15)
|
(15)
|
(15)
|
(14)
|
(13)
|
(10)
|
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
|
| Operating Income |
5
N/A
|
10
+102%
|
14
+31%
|
20
+44%
|
24
+21%
|
26
+9%
|
28
+10%
|
28
0%
|
33
+15%
|
33
+1%
|
35
+6%
|
29
-18%
|
21
-28%
|
13
-35%
|
5
-65%
|
7
+57%
|
9
+25%
|
12
+30%
|
16
+28%
|
18
+15%
|
18
+2%
|
21
+13%
|
22
+4%
|
23
+8%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
0
|
(44)
|
(21)
|
(24)
|
(23)
|
21
|
(6)
|
(3)
|
(7)
|
(63)
|
(119)
|
(202)
|
(210)
|
(157)
|
(100)
|
(11)
|
26
|
36
|
36
|
59
|
15
|
19
|
19
|
(5)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(4)
|
(4)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
5
N/A
|
(34)
N/A
|
(7)
+78%
|
(4)
+46%
|
1
N/A
|
47
+6 246%
|
23
-51%
|
25
+9%
|
23
-9%
|
(34)
N/A
|
(88)
-161%
|
(178)
-102%
|
(191)
-8%
|
(144)
+25%
|
(95)
+34%
|
(3)
+97%
|
35
N/A
|
48
+36%
|
50
+6%
|
76
+51%
|
32
-58%
|
39
+23%
|
40
+2%
|
18
-55%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
2
|
2
|
2
|
3
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(4)
|
(3)
|
(3)
|
(3)
|
(0)
|
|
| Income from Continuing Operations |
5
|
(34)
|
(7)
|
(4)
|
1
|
47
|
23
|
25
|
21
|
(32)
|
(86)
|
(176)
|
(188)
|
(144)
|
(95)
|
(4)
|
34
|
46
|
49
|
72
|
29
|
36
|
37
|
18
|
|
| Net Income (Common) |
5
N/A
|
(34)
N/A
|
(7)
+78%
|
(4)
+46%
|
1
N/A
|
47
+6 419%
|
23
-51%
|
25
+9%
|
21
-16%
|
(32)
N/A
|
(86)
-170%
|
(176)
-104%
|
(188)
-7%
|
(144)
+23%
|
(95)
+34%
|
(4)
+96%
|
34
N/A
|
46
+37%
|
49
+7%
|
72
+46%
|
29
-60%
|
36
+27%
|
37
+3%
|
17
-53%
|
|
| EPS (Diluted) |
0.2
N/A
|
-1.33
N/A
|
-0.29
+78%
|
-0.15
+48%
|
0.03
N/A
|
1.84
+6 033%
|
0.9
-51%
|
0.98
+9%
|
0.84
-14%
|
-1.31
N/A
|
-3.53
-169%
|
-7.18
-103%
|
-7.65
-7%
|
-5.76
+25%
|
-3.86
+33%
|
-0.16
+96%
|
1.35
N/A
|
1.84
+36%
|
1.98
+8%
|
3
+52%
|
1.17
-61%
|
1.53
+31%
|
1.56
+2%
|
0.71
-54%
|
|