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Income Statement
Balance Sheet
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Common Size IS
Op Efficiency
Credit Analysis

IMPAC MORTGAGE HOLDINGS INC (IMH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues          
Gain on sale of loans, net  6.365.314.098.866.8136.1311.0169.2
Real estate services fees, net  8.666.312.590.6105.0138.7297.8167.0
            Real estate services fees, net growth  -87.0%428.6%-86.2%-13.7%-24.3%-53.4%78.3%278.3%
Gain on mortgage servicing rights, net  0.20.0      
Servicing fees (expense), net  0.1-0.4      
Broker fee income  0.1       
Other  0.90.31.50.50.30.71.10.4
    Total revenues, net  8.666.312.590.6105.0138.7297.8167.0
            Total revenues, net growth  -87.0%428.6%-86.2%-13.7%-24.3%-53.4%78.3%278.3%
Expenses          
Personnel  30.752.852.965.264.189.6124.677.8
General, administrative and other  15.716.824.522.435.337.433.828.0
Occupancy  5.34.2      
    Total expenses  56.181.281.396.9249.4156.4238.095.7
    Operating loss  -47.5-14.9-89.4-6.3-144.4-17.759.771.3
            Operating margin  -553.0%-22.4%-712.2%-6.9%-137.5%-12.8%20.1%42.7%
   
Other income          
Interest income  15.365.7118.9165.2186.8230.3263.6276.8
Interest expense  -19.1-63.3-113.8-155.9-184.3-226.0-260.8-274.9
Change in fair value of long-term debt  2.82.11.9-1.44.0-2.9-14.4-8.7
Change in fair value of net trust assets, including trust REO gains  9.26.6-5.7     
    Total other income, net  8.111.11.3-1.93.96.3-12.0-12.4
Income tax expense  0.00.10.1-0.25.020.11.1-21.9
    Net loss  -39.4-3.9-88.2-8.0-145.4-31.546.780.8
   
Other comprehensive loss          
Change in fair value of instrument specific credit risk of long-term debt  17.2-2.70.00.9    
   
Net loss per common share:          
Basic (in dollars per share)  ($1.65)($0.22)($4.15)($0.38)($6.92)($1.62)$3.54$8.00
Diluted (in dollars per share)  ($1.65)($0.22)($4.15)($0.38)($6.92)($1.62)$3.31$6.40

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