Orchid Island Capital (ORC) Financial Statements
Price: $7.16
Market Cap: $667.98M
Avg Volume: 3.12M
Market Cap: $667.98M
Avg Volume: 3.12M
Country: US
Industry: REIT - Mortgage
Sector: Real Estate
Industry: REIT - Mortgage
Sector: Real Estate
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Orchid Island Capital.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.41M | $154.93M | $-237.74M | $-49.51M | $12.67M | $34.65M | $-32.42M | $13.17M | $11.07M | $8.96M |
| Cost of Revenue | $- | $11.21M | $237.74M | $49.51M | $6.34M | $6.53M | $7.83M | $6.98M | $4.84M | $1.30M |
| Gross Profit | $54.41M | $143.72M | $-475.49M | $-99.02M | $6.33M | $28.12M | $-40.26M | $6.19M | $6.23M | $7.66M |
| Gross Profit Ratio | 100.00% | 92.80% | 200.00% | 200.00% | 49.98% | 81.17% | 124.16% | 47.02% | 56.29% | 85.44% |
| Research and Development Expenses | $- | $- | $-24 | $-1 | $0 | $0 | $-0 | $0 | $0 | $- |
| General and Administrative Expenses | $1.34M | $3.44M | $2.99M | $2.88M | $1.65M | $1.38M | $1.71M | $1.91M | $2.08M | $1.91M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.34M | $3.44M | $2.99M | $2.88M | $1.65M | $1.38M | $1.71M | $1.91M | $2.08M | $1.91M |
| Other Expenses | $- | $- | $-4.09M | $-1.48M | $-1.06M | $-997.00K | $-1.63M | $-1.12M | $-652.00K | $-241.00K |
| Operating Expenses | $54.41M | $-20.70M | $-1.10M | $1.40M | $590.00K | $378.00K | $78.00K | $1.12M | $871.00K | $706.00K |
| Cost and Expenses | $54.41M | $-20.70M | $-1.10M | $1.40M | $590.00K | $378.00K | $78.00K | $1.12M | $871.00K | $706.00K |
| Interest Income | $241.58M | $177.57M | $144.63M | $134.70M | $116.05M | $142.32M | $154.58M | $145.96M | $87.13M | $68.81M |
| Interest Expense | $236.28M | $201.92M | $61.71M | $7.09M | $25.06M | $83.67M | $70.36M | $41.67M | $15.60M | $7.27M |
| Depreciation and Amortization | $- | $- | $207.68M | $186.83M | $63.88M | $107.18M | $168.68M | $136.17M | $88.23M | $-1.07M |
| EBITDA | $- | $- | $- | $-64.76M | $2.13M | $- | $25.97M | $43.68M | $17.58M | $8.34M |
| EBITDA Ratio | 0.00% | 0.00% | 82.75% | 130.80% | 16.79% | 70.03% | -80.10% | 331.57% | 158.81% | 93.05% |
| Operating Income | $53.06M | $- | $-196.75M | $-64.76M | $2.13M | $24.27M | $25.97M | $43.68M | $17.58M | $8.34M |
| Operating Income Ratio | 97.54% | 0.00% | 82.75% | 130.80% | 16.79% | 70.03% | -80.10% | 331.57% | 158.81% | 93.05% |
| Total Other Income Expenses Net | $-15.40M | $-39.23M | $1 | $- | $- | $- | $-1 | $- | $- | $- |
| Income Before Tax | $37.66M | $-39.23M | $-258.45M | $-64.76M | $2.13M | $24.27M | $-44.39M | $2.01M | $1.98M | $1.07M |
| Income Before Tax Ratio | 69.22% | -25.32% | 108.71% | 130.80% | 16.79% | 70.03% | 136.89% | 15.24% | 17.87% | 11.95% |
| Income Tax Expense | $- | $- | $-258.45M | $-71.85M | $-22.93M | $-59.40M | $-161.14K | $43.68M | $17.58M | $1.07M |
| Net Income | $37.66M | $-39.23M | $-258.45M | $-64.76M | $2.13M | $24.27M | $-44.39M | $2.01M | $1.98M | $1.07M |
| Net Income Ratio | 69.22% | -25.32% | 108.71% | 130.80% | 16.79% | 70.03% | 136.89% | 15.24% | 17.87% | 11.95% |
| EPS | $0.83 | $-0.88 | $-6.90 | $-2.67 | $0.16 | $2.15 | $-4.25 | $0.25 | $0.40 | $0.25 |
| EPS Diluted | $0.83 | $-0.88 | $-6.90 | $-2.67 | $0.16 | $2.15 | $-4.25 | $0.25 | $0.40 | $0.25 |
| Weighted Average Shares Outstanding | 65.45M | 44.65M | 37.46M | 24.23M | 13.44M | 11.27M | 10.44M | 8.21M | 4.82M | 4.05M |
| Weighted Average Shares Outstanding Diluted | 65.45M | 44.65M | 37.46M | 24.23M | 13.44M | 11.27M | 10.44M | 8.21M | 4.82M | 4.05M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $309.33M | $171.89M | $205.65M | $385.14M | $220.14M | $278.65M | $126.26M | $246.71M | $94.42M | $57.23M |
| Short Term Investments | $100.55M | $69.14M | $40.17M | $50.79M | $21.00M | $- | $-17.98M | $-32.35M | $-20.95M | $669.00K |
| Cash and Short Term Investments | $409.88M | $178.31M | $205.65M | $385.14M | $220.14M | $278.65M | $108.28M | $214.36M | $73.47M | $57.23M |
| Net Receivables | $23.04M | $14.95M | $11.52M | $18.86M | $10.13M | $12.40M | $234.99M | $14.44M | $11.51M | $8.49M |
| Inventory | $- | $- | $248.74M | $469.30M | $309.64M | $- | $-3.40B | $-4.02B | $-3.14B | $-21.89M |
| Other Current Assets | $- | $43.35M | $- | $84.16M | $89.50M | $- | $- | $- | $- | $- |
| Total Current Assets | $432.93M | $236.61M | $217.17M | $404.00M | $230.28M | $291.06M | $343.27M | $228.81M | $84.99M | $65.72M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $77.60M | $36.38M | $37.17M | $3.75B | $3.59B | $22.92M | $32.25M | $49.88M | $62.44M |
| Tax Assets | $- | $- | $3.87B | $7.07B | $4.06B | $3.88B | $3.40B | $4.02B | $3.14B | $- |
| Other Non-Current Assets | $- | $3.81B | $-3.87B | $-7.07B | $-7.80B | $-7.47B | $-401.05M | $-310.57M | $-166.19M | $2.10B |
| Total Non-Current Assets | $- | $3.88B | $36.38M | $37.17M | $6.99M | $6.57M | $3.02B | $3.75B | $3.02B | $2.16B |
| Other Assets | $5.29B | $144.41M | $3.61B | $6.63B | $3.82B | $3.58B | $34.87M | $49.51M | $31.32M | $13.40M |
| Total Assets | $5.72B | $4.26B | $3.87B | $7.07B | $4.06B | $3.88B | $3.40B | $4.02B | $3.14B | $2.24B |
| Account Payables | $10.75M | $7.94M | $9.21M | $788.00K | $1.16M | $11.10M | $6.45M | $6.52M | $1.83M | $863.00K |
| Short Term Debt | $- | $3.71B | $- | $- | $- | $- | $- | $- | $- | $1.99B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-3.37B | $-6.24B | $-3.59B | $-3.44B | $-3.02B | $-3.53B | $-2.79B | $-1.99B |
| Other Current Liabilities | $-10.75M | $80.38M | $-9.21M | $-788.00K | $-1.16M | $-11.10M | $-6.45M | $-6.52M | $-1.83M | $-1.99B |
| Total Current Liabilities | $21.86M | $3.79B | $9.21M | $788.00K | $1.16M | $11.10M | $6.45M | $6.52M | $1.83M | $863.00K |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $3.43B | $6.30B | $3.64B | $3.49B | $3.06B | $3.56B | $2.81B | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $-3.49B | $-3.06B | $-3.56B | $-2.81B | $- |
| Total Non-Current Liabilities | $- | $1.03M | $9.21M | $56.47M | $47.17M | $38.47M | $2.70B | $3.30B | $2.70B | $187.50M |
| Other Liabilities | $5.05B | $- | $3.41B | $-56.47M | $-47.17M | $-38.47M | $354.81M | $254.64M | $104.11M | $1.80B |
| Total Liabilities | $5.05B | $3.80B | $3.43B | $788.00K | $1.16M | $11.10M | $3.06B | $3.56B | $2.81B | $1.99B |
| Preferred Stock | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- |
| Common Stock | $826.00K | $516.00K | $368.00K | $1.77M | $761.00K | $631.00K | $491.00K | $531.00K | $330.00K | $217.00K |
| Retained Earnings | $-342.77M | $-380.43M | $-341.21M | $-82.75M | $-17.99M | $-20.12M | $-44.39M | $462.21M | $332.78M | $- |
| Accumulated Other Comprehensive Income Loss | $139.00K | $17.00K | $438.76M | $-0 | $-0 | $0 | $336.08M | $462.21M | $332.78M | $-0 |
| Other Total Stockholders Equity | $1.01B | $849.85M | $779.60M | $849.08M | $432.52M | $415.00M | $379.98M | $461.68M | $332.45M | $253.04M |
| Total Stockholders Equity | $668.50M | $469.94M | $438.76M | $768.10M | $415.29M | $395.51M | $336.08M | $462.21M | $332.78M | $253.25M |
| Total Equity | $668.50M | $469.94M | $3.58B | $6.56B | $3.71B | $3.56B | $3.23B | $3.75B | $3.03B | $253.25M |
| Total Liabilities and Stockholders Equity | $5.72B | $4.26B | $3.87B | $7.07B | $4.06B | $3.88B | $3.40B | $4.02B | $3.14B | $2.24B |
| Minority Interest | $- | $- | $3.14B | $5.79B | $3.30B | $3.17B | $2.90B | $3.29B | $2.70B | $- |
| Total Liabilities and Total Equity | $5.72B | $4.26B | $3.87B | $7.07B | $4.06B | $3.88B | $3.40B | $4.02B | $3.14B | $2.24B |
| Total Investments | $100.55M | $146.74M | $36.38M | $37.17M | $3.75B | $3.59B | $-17.98M | $-32.35M | $-20.95M | $63.10M |
| Total Debt | $- | $3.71B | $3.38B | $6.24B | $3.60B | $3.45B | $2.99M | $216.00K | $218.00K | $187.50M |
| Net Debt | $-309.33M | $3.51B | $3.17B | $5.86B | $3.38B | $3.17B | $-123.27M | $-246.50M | $-94.21M | $130.27M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $37.66M | $-39.23M | $-258.45M | $-64.76M | $2.13M | $24.27M | $-44.39M | $2.01M | $1.98M | $1.07M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $553.00K | $1.20M | $685.00K | $772.00K | $244.00K | $294.00K | $492.00K | $535.00K | $605.00K | $431.00K |
| Change in Working Capital | $- | $-4.29M | $16.16M | $-8.22M | $-5.11M | $5.56M | $990.00K | $5.83M | $401.00K | $-1.74M |
| Accounts Receivables | $- | $-3.43M | $7.34M | $-9.14M | $2.68M | $837.00K | $1.20M | $-2.93M | $-3.02M | $-2.28M |
| Inventory | $- | $1.27M | $- | $- | $- | $- | $1.00K | $- | $- | $- |
| Accounts Payables | $- | $-1.27M | $8.42M | $-369.00K | $-9.94M | $4.66M | $-71.00K | $4.69M | $963.00K | $235.00K |
| Other Working Capital | $- | $-861.00K | $395.00K | $1.29M | $2.15M | $70.00K | $-143.00K | $4.07M | $2.46M | $300.00K |
| Other Non Cash Items | $28.77M | $50.32M | $530.98M | $168.65M | $58.12M | $18.04M | $136.91M | $76.64M | $44.06M | $30.95M |
| Net Cash Provided by Operating Activities | $66.99M | $8.00M | $289.37M | $96.44M | $55.37M | $48.16M | $94.00M | $85.01M | $47.05M | $30.70M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $63.20M | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $-63.20M | $- | $6.80M | $1.14M | $- | $- |
| Purchases of Investments | $-445.87M | $-1.62B | $-1.00B | $-6.47B | $-5.06B | $-4.27B | $-3.89B | $-6.50B | $-3.17B | $-2.69B |
| Sales Maturities of Investments | $- | $1.18B | $3.45B | $3.45B | $4.86B | $3.92B | $4.27B | $5.70B | $2.26B | $2.05B |
| Other Investing Activities | $-969.62M | $- | $245.34M | $8.57M | $30.00K | $-354.81M | $7.29M | $3.00K | $-4.47M | $-8.69M |
| Net Cash Used for Investing Activities | $-1.42B | $-441.06M | $2.44B | $-3.02B | $-199.34M | $-354.81M | $380.02M | $-802.50M | $-919.75M | $-649.95M |
| Debt Repayment | $- | $- | $-2.87B | $- | $- | $- | $- | $- | $- | $187.50M |
| Common Stock Issued | $259.33M | $159.44M | $40.58M | $- | $71.05M | $92.31M | $- | $197.61M | $118.33M | $83.28M |
| Common Stock Repurchased | $-3.46M | $-9.76M | $-24.84M | $-299.00K | $-68.00K | $-3.02M | $-26.42M | $- | $- | $-10.85M |
| Dividends Paid | $-92.50M | $-80.75M | $-93.49M | $-90.98M | $-53.65M | $-53.31M | $-59.31M | $-67.90M | $-36.77M | $-38.75M |
| Other Financing Activities | $1.32B | $327.20M | $- | $2.65B | $147.48M | $423.05M | $-508.73M | $740.08M | $925.72M | $362.16M |
| Net Cash Used Provided by Financing Activities | $1.48B | $396.13M | $-2.94B | $3.07B | $164.82M | $459.04M | $-594.47M | $869.78M | $888.95M | $583.34M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $134.76M | $-36.93M | $-213.22M | $150.94M | $20.85M | $152.39M | $-120.45M | $152.29M | $16.25M | $-35.91M |
| Cash at End of Period | $335.05M | $200.29M | $237.22M | $450.44M | $299.51M | $278.65M | $126.26M | $246.71M | $73.47M | $57.23M |
| Cash at Beginning of Period | $200.29M | $237.22M | $450.44M | $299.51M | $278.65M | $126.26M | $246.71M | $94.42M | $57.23M | $93.14M |
| Operating Cash Flow | $66.99M | $8.00M | $289.37M | $96.44M | $55.37M | $48.16M | $94.00M | $85.01M | $47.05M | $30.70M |
| Capital Expenditure | $- | $- | $- | $- | $63.20M | $- | $- | $- | $- | $- |
| Free Cash Flow | $66.99M | $8.00M | $289.37M | $96.44M | $118.57M | $48.16M | $94.00M | $85.01M | $47.05M | $30.70M |