Redwood Trust, Inc.
Income Statement
| Line Item | Sep 2021 | Jun 2021 | Mar 2021 | Sep 2020 | Jun 2020 | Mar 2020 | Dec 2019 | Sep 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $140.3M | $145.0M | $160.0M | $188.5M | $200.7M | $-841.5M | $102.9M | $63.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $47.7M | $40.6M | $43.6M | $27.6M | $28.5M | $28.7M | $34.4M | $24.9M |
| Operating Income | $187.7M | $204.8M | $211.4M | $251.3M | $268.1M | $-819.0M | $201.2M | $150.8M |
| Operating Margin | 133.8% | 141.2% | 132.1% | 133.3% | 133.6% | 97.3% | 195.5% | 237.3% |
| Interest Expense | $103.8M | $108.1M | $102.6M | $100.4M | $102.7M | $146.7M | $147.7M | $116.6M |
| Pretax Income | $84.0M | $96.7M | $108.8M | $150.9M | $165.5M | $-965.6M | $53.5M | $34.2M |
| Income Tax Expense | $-4.3M | $6.7M | $11.5M | $9.1M | $37.0K | $-22.2M | $4.3M | $-114.0K |
| Net Income | $88.3M | $90.0M | $97.3M | $141.8M | $165.4M | $-943.4M | $49.1M | $34.3M |
| Net Margin | 62.9% | 62.1% | 60.8% | 75.2% | 82.5% | 112.1% | 47.7% | 54.0% |
| EPS (Basic) | $0.75 | $0.77 | $0.84 | $1.21 | $1.41 | $-8.28 | $0.42 | $0.33 |
| EPS (Diluted) | $0.65 | $0.66 | $0.72 | $1.02 | $1.00 | $-8.28 | $0.38 | $0.31 |
| Shares Outstanding (Basic) | 113.0M | 112.9M | 112.3M | 113.4M | 114.4M | 114.1M | 101.1M | 101.9M |
| Shares Outstanding (Diluted) | 141.9M | 141.8M | 141.0M | 142.0M | 147.1M | 114.1M | 136.8M | 136.5M |
| Dividends Per Share | $0.21 | $0.18 | $0.16 | $0.14 | $0.13 | $0.32 | $0.30 | $0.30 |