CHERRY HILL MORTGAGE INVESTMENT CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Revenue | $56.8M | $31.9M |
| Cost of Revenue | $5.8M | $2.6M |
| Gross Profit | $56.8M | $31.9M |
| Gross Margin | 100.0% | 100.0% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $3.8M | $3.3M |
| Operating Income | $68.5M | $33.5M |
| Operating Margin | 120.6% | 104.9% |
| Interest Expense | $19.9M | $7.8M |
| Pretax Income | $48.6M | $25.7M |
| Income Tax Expense | $601.0K | $458.0K |
| Net Income | $48.0M | $24.8M |
| Net Margin | 84.6% | 77.8% |
| EPS (Basic) | $3.98 | $3.31 |
| EPS (Diluted) | $3.98 | $3.30 |
| Shares Outstanding (Basic) | 11.4M | 7.5M |
| Shares Outstanding (Diluted) | 11.5M | 7.5M |
| Dividends Per Share | $1.96 | $2.11 |