Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.
Revenue of Orchid Island Capital, Inc. (ORC)
Revenue in 2023 (TTM): $154.93 M
According to Orchid Island Capital, Inc.'s latest financial reports the company's current revenue (TTM) is $154.93 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 Orchid Island Capital, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $154.93 M | $143.72 M | $ | $-39,226,000 | $-39,226,000 |
| 2022 | $-237,744,000 | $-475,488,000 | $ | $-258,453,000 | $-258,453,000 |
| 2021 | $-49,509,000 | $-99,018,000 | $-64,760,000 | $-64,760,000 | $-64,760,000 |
| 2020 | $12.67 M | $6.33 M | $2.13 M | $2.13 M | $2.13 M |
| 2019 | $34.65 M | $28.13 M | $ | $24.27 M | $24.27 M |
| 2018 | $-32,425,000 | $-40,260,000 | $25.97 M | $-44,387,000 | $-44,387,000 |
| 2017 | $13.17 M | $6.19 M | $43.68 M | $2.01 M | $2.01 M |
| 2016 | $11.07 M | $6.23 M | $17.58 M | $1.98 M | $1.98 M |
| 2015 | $8.97 M | $7.66 M | $8.34 M | $1.07 M | $1.07 M |
| 2014 | $29.01 M | $28.44 M | $ | $24.52 M | $24.52 M |
| 2013 | $970.09 K | $792.09 K | $ | $-698,006 | $-698,006 |
| 2012 | $1.27 M | $1.09 M | $343 | $534.34 K | $534.34 K |
| 2011 | $401.87 K | $401.87 K | $-1,093,991 | $ | $-1,190,214 |
| 2010 | $8.85 K | $8.85 K | $-24,968 | $ | $-30,154 |