AG Mortgage Investment Trust Inc
NYSE:MITT
Income Statement
Earnings Waterfall
AG Mortgage Investment Trust Inc
Revenue
|
260.3m
USD
|
Cost of Revenue
|
-224.6m
USD
|
Gross Profit
|
35.7m
USD
|
Operating Expenses
|
-15.4m
USD
|
Operating Income
|
20.2m
USD
|
Other Expenses
|
15.2m
USD
|
Net Income
|
35.4m
USD
|
Income Statement
AG Mortgage Investment Trust Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
151
N/A
|
147
-3%
|
140
-4%
|
143
+2%
|
142
-1%
|
144
+2%
|
145
+1%
|
142
-2%
|
141
-1%
|
136
-4%
|
129
-5%
|
126
-2%
|
123
-2%
|
120
-2%
|
121
+1%
|
124
+2%
|
129
+4%
|
140
+9%
|
145
+3%
|
151
+4%
|
157
+4%
|
159
+1%
|
163
+3%
|
165
+1%
|
172
+4%
|
170
-1%
|
143
-16%
|
112
-22%
|
75
-33%
|
46
-38%
|
47
+2%
|
57
+21%
|
71
+24%
|
92
+30%
|
117
+27%
|
148
+26%
|
180
+22%
|
205
+14%
|
226
+10%
|
240
+6%
|
260
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(36)
|
(35)
|
(35)
|
(36)
|
(37)
|
(39)
|
(39)
|
(41)
|
(42)
|
(43)
|
(43)
|
(43)
|
(44)
|
(44)
|
(45)
|
(49)
|
(54)
|
(61)
|
(67)
|
(73)
|
(81)
|
(87)
|
(95)
|
(98)
|
(102)
|
(99)
|
(84)
|
(66)
|
(46)
|
(30)
|
(27)
|
(30)
|
(37)
|
(50)
|
(69)
|
(97)
|
(131)
|
(161)
|
(188)
|
(206)
|
(225)
|
|
Gross Profit |
115
N/A
|
111
-3%
|
106
-5%
|
107
+1%
|
105
-3%
|
105
+1%
|
106
+0%
|
101
-4%
|
100
-2%
|
93
-7%
|
85
-8%
|
82
-3%
|
79
-4%
|
77
-3%
|
76
-1%
|
76
0%
|
75
-1%
|
79
+6%
|
78
-1%
|
78
-1%
|
76
-2%
|
71
-6%
|
69
-3%
|
66
-4%
|
70
+6%
|
71
+1%
|
58
-18%
|
45
-22%
|
28
-38%
|
16
-42%
|
20
+25%
|
27
+33%
|
33
+23%
|
42
+26%
|
49
+16%
|
51
+5%
|
49
-4%
|
43
-12%
|
38
-11%
|
34
-10%
|
36
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(18)
|
(18)
|
(16)
|
(17)
|
(17)
|
(14)
|
(18)
|
(18)
|
(17)
|
(13)
|
(13)
|
(12)
|
(11)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
|
Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(15)
|
(15)
|
(15)
|
(17)
|
(18)
|
(16)
|
(17)
|
(17)
|
(15)
|
(18)
|
(18)
|
(17)
|
(13)
|
(13)
|
(12)
|
(11)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
|
Operating Income |
102
N/A
|
98
-4%
|
93
-6%
|
94
+1%
|
91
-4%
|
91
+0%
|
91
0%
|
86
-5%
|
85
-1%
|
79
-8%
|
72
-9%
|
70
-3%
|
67
-4%
|
65
-3%
|
64
-1%
|
64
-1%
|
62
-2%
|
66
+6%
|
64
-3%
|
63
-2%
|
60
-6%
|
55
-8%
|
53
-4%
|
48
-9%
|
52
+9%
|
55
+5%
|
41
-24%
|
29
-31%
|
14
-50%
|
(1)
N/A
|
2
N/A
|
10
+311%
|
20
+98%
|
29
+44%
|
37
+27%
|
40
+10%
|
35
-13%
|
29
-18%
|
24
-17%
|
20
-16%
|
20
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(133)
|
(118)
|
(3)
|
13
|
15
|
(4)
|
(41)
|
(60)
|
(75)
|
(83)
|
(57)
|
(7)
|
(5)
|
22
|
33
|
19
|
44
|
23
|
2
|
(19)
|
(72)
|
(41)
|
(29)
|
(22)
|
38
|
(437)
|
(435)
|
(430)
|
(424)
|
48
|
52
|
68
|
60
|
29
|
(33)
|
(60)
|
(61)
|
(35)
|
17
|
22
|
16
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(8)
|
(10)
|
(9)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
24
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(13)
|
(17)
|
(22)
|
(17)
|
(12)
|
(9)
|
(11)
|
(5)
|
|
Pre-Tax Income |
(31)
N/A
|
(19)
+37%
|
90
N/A
|
107
+20%
|
106
-2%
|
87
-18%
|
50
-42%
|
27
-47%
|
10
-61%
|
(4)
N/A
|
15
N/A
|
62
+315%
|
62
0%
|
87
+40%
|
97
+12%
|
83
-15%
|
106
+27%
|
89
-16%
|
66
-26%
|
44
-33%
|
(12)
N/A
|
13
N/A
|
23
+75%
|
25
+8%
|
90
+255%
|
(382)
N/A
|
(401)
-5%
|
(409)
-2%
|
(420)
-3%
|
38
N/A
|
53
+40%
|
78
+47%
|
72
-7%
|
44
-39%
|
(13)
N/A
|
(42)
-224%
|
(43)
-2%
|
(19)
+55%
|
31
N/A
|
30
-4%
|
55
+82%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(34)
|
(20)
|
89
|
107
|
106
|
87
|
50
|
27
|
10
|
(4)
|
15
|
62
|
62
|
87
|
97
|
83
|
106
|
89
|
66
|
44
|
(12)
|
13
|
23
|
25
|
90
|
(382)
|
(401)
|
(409)
|
(420)
|
38
|
53
|
78
|
72
|
44
|
(13)
|
(42)
|
(43)
|
(19)
|
31
|
30
|
55
|
|
Equity Earnings Affiliates |
2
|
3
|
6
|
5
|
4
|
4
|
1
|
2
|
3
|
2
|
3
|
2
|
2
|
4
|
6
|
10
|
13
|
13
|
11
|
20
|
16
|
12
|
14
|
(1)
|
8
|
(36)
|
(34)
|
(17)
|
(2)
|
69
|
67
|
56
|
32
|
4
|
(4)
|
(12)
|
(10)
|
(8)
|
(2)
|
(0)
|
(1)
|
|
Net Income (Common) |
(45)
N/A
|
(31)
+32%
|
82
N/A
|
98
+20%
|
96
-2%
|
78
-19%
|
38
-51%
|
15
-59%
|
0
-98%
|
(15)
N/A
|
4
N/A
|
51
+1 062%
|
50
-1%
|
78
+55%
|
90
+16%
|
80
-11%
|
105
+32%
|
88
-16%
|
63
-28%
|
51
-20%
|
(12)
N/A
|
9
N/A
|
20
+117%
|
6
-70%
|
77
+1 215%
|
(440)
N/A
|
(458)
-4%
|
(449)
+2%
|
(431)
+4%
|
98
N/A
|
112
+14%
|
127
+13%
|
86
-32%
|
29
-66%
|
(35)
N/A
|
(72)
-108%
|
(71)
+1%
|
(46)
+36%
|
11
N/A
|
12
+6%
|
35
+201%
|
|
EPS (Diluted) |
-4.76
N/A
|
-3.23
+32%
|
8.65
N/A
|
10.38
+20%
|
10.09
-3%
|
8.19
-19%
|
4.03
-51%
|
1.63
-60%
|
0.04
-98%
|
-1.58
N/A
|
0.47
N/A
|
5.47
+1 064%
|
5.39
-1%
|
8.41
+56%
|
9.72
+16%
|
8.58
-12%
|
11.31
+32%
|
9.37
-17%
|
6.71
-28%
|
5.3
-21%
|
-1.25
N/A
|
0.88
N/A
|
1.79
+103%
|
0.52
-71%
|
7.17
+1 279%
|
-40.26
N/A
|
-41.78
-4%
|
-39.13
+6%
|
-36.82
+6%
|
6.97
N/A
|
7.17
+3%
|
7.89
+10%
|
5.29
-33%
|
1.22
-77%
|
-1.48
N/A
|
-3.22
-118%
|
-3.12
+3%
|
-2.16
+31%
|
0.55
N/A
|
0.58
+5%
|
1.68
+190%
|