Western Asset Mortgage Capital Corporation operates as a real estate investment trust. It invests in, acquires, and manages a portfolio of assets with a focus on residential real estate related investments, including non-qualified mortgage loans, non-agency residential mortgage-backed securities (RMBS), and other related 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. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Salt Lake City, Utah.
Revenue of Western Asset Mortgage Capital Corporation (WMC)
Revenue in 2022 (TTM): $-63,338,000
According to Western Asset Mortgage Capital Corporation's latest financial reports the company's current revenue (TTM) is $-63,338,000. 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 Western Asset Mortgage Capital Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $-63,338,000 | $-69,649,000 | $62.61 M | $-85,295,000 | $-85,466,000 |
| 2021 | $-29,608,000 | $-34,350,000 | $65.98 M | $-49,766,000 | $-49,865,000 |
| 2020 | $-289,382,000 | $-292,237,000 | $-327,950,000 | $-327,950,000 | $-328,346,000 |
| 2019 | $90.5 M | $84.98 M | $71.76 M | $71.76 M | $70.7 M |
| 2018 | $49.98 M | $43.91 M | $243.13 M | $27.12 M | $26.41 M |
| 2017 | $105.33 M | $105.33 M | $1.62 M | $88.58 M | $85.1 M |
| 2016 | $-793,000 | $-793,000 | $10.21 M | $-21,859,000 | $-25,015,000 |
| 2015 | $10.68 M | $10.68 M | $ | $-9,484,000 | $-9,484,000 |
| 2014 | $136.49 M | $136.49 M | $100.71 M | $100.71 M | $100.71 M |
| 2013 | $-1,737,000 | $-1,737,000 | $115.3 M | $-27,855,000 | $-27,855,000 |
| 2012 | $ | $ | $ | $ | $ |