AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
Revenue of AG Mortgage Investment Trust, Inc. (MITT)
Revenue in 2023 (TTM): $274.71 M
According to AG Mortgage Investment Trust, Inc.'s latest financial reports the company's current revenue (TTM) is $274.71 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of AG Mortgage Investment Trust, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $274.71 M | $257.19 M | $248.56 M | $55.17 M | $53.78 M |
| 2022 | $218 K | $-17,076,000 | $52.94 M | $-42,842,000 | $-161,760,000 |
| 2021 | $99.8 M | $86.44 M | $104.19 M | $72.3 M | $104.19 M |
| 2020 | $-390,355,000 | $-795,223,000 | $-420,919,000 | $-419,956,000 | $-420,919,000 |
| 2019 | $119.04 M | $100.4 M | $92.92 M | $89.69 M | $92.92 M |
| 2018 | $16.7 M | $1.78 M | $75.96 M | $-14,025,000 | $1.57 M |
| 2017 | $128.54 M | $117.57 M | $162.28 M | $105.94 M | $118.56 M |
| 2016 | $84.08 M | $73.79 M | $97.47 M | $62.16 M | $63.68 M |
| 2015 | $34.41 M | $22.06 M | $45.05 M | $10.42 M | $13.82 M |
| 2014 | $129.67 M | $117.79 M | $135.81 M | $105.63 M | $109.4 M |
| 2013 | $-7,532,052 | $-18,377,040 | $127.73 M | $-30,800,842 | $-31,578,636 |
| 2012 | $148.94 M | $143.5 M | $149.95 M | $134.94 M | $134.94 M |
| 2011 | $ | $ | $20.67 M | $1.92 M | $18.97 M |