MITT Historical Income Statement

MITT Stock  USD 6.83  0.02  0.29%   
Historical analysis of AG Mortgage income statement accounts such as Total Revenue of 26.6 M can show how well AG Mortgage Investment performed in making a profits. Evaluating AG Mortgage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AG Mortgage's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining AG Mortgage Investment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AG Mortgage Investment is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About MITT Income Statement Analysis

AG Mortgage Investment Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AG Mortgage shareholders. The income statement also shows MITT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

AG Mortgage Income Statement Chart

At this time, AG Mortgage's Net Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 31.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 22.5 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AG Mortgage Investment. It is also known as AG Mortgage overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on AG Mortgage Investment income statement and represents the costs associated with goods and services AG Mortgage provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from AG Mortgage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AG Mortgage Investment current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, AG Mortgage's Net Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 31.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 22.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income70.7M180.3M240.1M157.5M
Net Interest Income43.4M61.4M46.9M53.0M

AG Mortgage income statement Correlations

0.6-0.470.030.110.120.05-0.050.43-0.180.210.110.080.010.39-0.020.21-0.340.440.62-0.64-0.2
0.6-0.370.010.050.450.04-0.040.41-0.070.060.090.350.010.310.130.49-0.550.750.49-0.85-0.59
-0.47-0.370.0-0.080.270.070.05-0.20.150.24-0.09-0.67-0.110.120.03-0.050.28-0.28-0.390.570.17
0.030.010.00.98-0.350.980.970.86-0.910.370.99-0.10.96-0.120.940.760.510.28-0.430.00.34
0.110.05-0.080.98-0.30.970.940.9-0.970.440.98-0.130.93-0.080.940.770.530.34-0.39-0.060.36
0.120.450.27-0.35-0.3-0.23-0.34-0.150.220.34-0.36-0.28-0.450.45-0.270.01-0.260.440.18-0.1-0.32
0.050.040.070.980.97-0.230.960.86-0.910.510.97-0.170.91-0.040.930.790.490.3-0.380.010.34
-0.05-0.040.050.970.94-0.340.960.84-0.860.40.97-0.170.98-0.310.930.690.530.2-0.46-0.010.43
0.430.41-0.20.860.9-0.150.860.84-0.880.440.91-0.10.86-0.050.880.830.230.51-0.09-0.430.15
-0.18-0.070.15-0.91-0.970.22-0.91-0.86-0.88-0.51-0.910.19-0.850.01-0.89-0.75-0.54-0.380.350.08-0.39
0.210.060.240.370.440.340.510.40.44-0.510.34-0.580.250.270.40.440.340.240.020.050.45
0.110.09-0.090.990.98-0.360.970.970.91-0.910.34-0.040.97-0.150.940.770.460.32-0.38-0.130.31
0.080.35-0.67-0.1-0.13-0.28-0.17-0.17-0.10.19-0.58-0.04-0.050.02-0.130.02-0.40.20.28-0.42-0.45
0.010.01-0.110.960.93-0.450.910.980.86-0.850.250.97-0.05-0.390.920.670.470.21-0.43-0.120.37
0.390.310.12-0.12-0.080.45-0.04-0.31-0.050.010.27-0.150.02-0.39-0.150.19-0.160.380.310.0-0.34
-0.020.130.030.940.94-0.270.930.930.88-0.890.40.94-0.130.92-0.150.860.420.33-0.37-0.120.25
0.210.49-0.050.760.770.010.790.690.83-0.750.440.770.020.670.190.860.010.510.03-0.33-0.17
-0.34-0.550.280.510.53-0.260.490.530.23-0.540.340.46-0.40.47-0.160.420.01-0.05-0.840.450.86
0.440.75-0.280.280.340.440.30.20.51-0.380.240.320.20.210.380.330.51-0.050.04-0.45-0.2
0.620.49-0.39-0.43-0.390.18-0.38-0.46-0.090.350.02-0.380.28-0.430.31-0.370.03-0.840.04-0.5-0.56
-0.64-0.850.570.0-0.06-0.10.01-0.01-0.430.080.05-0.13-0.42-0.120.0-0.12-0.330.45-0.45-0.50.39
-0.2-0.590.170.340.36-0.320.340.430.15-0.390.450.31-0.450.37-0.340.25-0.170.86-0.2-0.560.39
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AG Mortgage Account Relationship Matchups

AG Mortgage income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(92.7M)(5.2M)31.9M164.2M211.1M221.6M
Interest Expense90.1M36.9M27.3M118.9M212.5M223.1M
Selling General Administrative10.2M9.1M6.8M8.1M1.8M1.7M
Total Revenue119.0M(390.4M)99.8M218K47.8M26.6M
Gross Profit100.4M(795.2M)86.4M(17.1M)30.3M31.8M
Other Operating Expenses26.1M30.6M4.4M43.1M26.1M22.5M
Operating Income92.9M(420.9M)104.2M47.5M37.5M30.7M
Ebit92.9M(420.9M)104.2M(111.3M)37.5M20.9M
Research Development0.612.321.070.170.20.37
Ebitda92.9M(426.1M)136.1M52.9M248.6M261.0M
Cost Of Revenue18.6M404.9M13.4M17.3M17.5M16.6M
Total Operating Expenses(26.1M)(30.6M)4.4M43.1M8.6M12.3M
Income Before Tax89.7M(420.0M)72.3M(42.8M)55.2M57.9M
Total Other Income Expense Net(3.2M)963K(31.9M)(25.7M)17.7M18.5M
Net Income Applicable To Common Shares76.8M(430.9M)85.9M(71.4M)(64.3M)(61.1M)
Net Income92.9M(420.9M)104.2M(161.8M)53.8M56.5M
Income Tax Expense(3.2M)963K(31.9M)118.9M1.4M1.3M
Net Income From Continuing Ops89.7M(420.0M)72.3M(53.1M)30.1M31.6M
Non Operating Income Net Other(51.7M)46.7M(425.7M)91.5M82.3M86.4M
Net Interest Income81.6M37.6M43.4M61.4M46.9M53.0M
Interest Income171.7M74.5M70.7M180.3M240.1M157.5M

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Additional Tools for MITT Stock Analysis

When running AG Mortgage's price analysis, check to measure AG Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AG Mortgage is operating at the current time. Most of AG Mortgage's value examination focuses on studying past and present price action to predict the probability of AG Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AG Mortgage's price. Additionally, you may evaluate how the addition of AG Mortgage to your portfolios can decrease your overall portfolio volatility.