Redwood Trust, Inc. 9.00% Senio
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.4M | $74.5M | $10.8M | $43.3M | $47.5M | $-2.2M | $-70.5M | $71.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $33.3M | $34.6M | $29.7M | $30.8M | $35.6M | $38.2M | $30.2M | $33.3M |
| Operating Income | $220.6M | $211.3M | $127.6M | $155.8M | $155.6M | $93.7M | $17.6M | $164.8M |
| Operating Margin | 327.0% | 283.5% | 1,186.3% | 360.2% | 327.3% | -4,260.6% | -24.9% | 229.3% |
| Interest Expense | $200.1M | $180.5M | $156.7M | $152.9M | $152.1M | $142.7M | $127.0M | $136.3M |
| Pretax Income | $20.5M | $30.8M | $-29.1M | $2.9M | $3.5M | $-49.0M | $-109.4M | $28.5M |
| Income Tax Expense | $4.9M | $523.0K | $1.7M | $69.0K | $-1.1M | $1.4M | $-9.4M | $-2.5M |
| Net Income | $15.5M | $30.3M | $-30.8M | $2.9M | $4.6M | $-50.4M | $-100.0M | $30.9M |
| Net Margin | 23.0% | 40.6% | -286.4% | 6.6% | 9.7% | 2,291.4% | 141.8% | 43.0% |
| EPS (Basic) | $0.10 | $0.21 | $-0.29 | $0.00 | $0.02 | $-0.44 | $-0.85 | $0.25 |
| EPS (Diluted) | $0.10 | $0.21 | $-0.29 | $0.00 | $0.02 | $-0.44 | $-0.85 | $0.24 |
| Shares Outstanding (Basic) | 132.1M | 131.6M | 115.5M | 114.1M | 113.7M | 116.1M | 119.7M | 119.9M |
| Shares Outstanding (Diluted) | 132.1M | 131.6M | 115.5M | 114.4M | 114.1M | 116.1M | 119.7M | 140.5M |
| Dividends Per Share | $0.16 | $0.16 | $0.16 | $0.16 | $0.23 | $0.23 | $0.23 | $0.23 |