Great ajax corp. (AJX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14
INCOME
INCOME
Interest income

112,416

108,181

91,424

70,688

47,700

6,940

Interest expense

59,325

53,335

39,101

25,573

11,499

771

Net interest income

53,091

54,846

52,323

45,115

36,201

6,169

Provision for loan losses

803

1,164

0

0

-

-

Net interest income after provision for credit losses

52,288

53,682

52,323

45,115

-

-

Income/(Loss) from investments in affiliates

1,332

762

707

558

-

-

Loss on sale of mortgage loans

7,000

0

0

-

-

-

Income from investment in Manager

-

-

-

-

198

12

Other income

4,176

3,720

1,765

1,024

1,169

87

Total income

64,919

58,164

54,795

46,697

37,568

6,268

EXPENSE
Related party expense – loan servicing fees

9,133

10,148

8,245

6,083

3,959

485

Related party expense – management fee

7,356

6,025

5,340

3,949

3,353

956

Loan transaction expense

328

389

1,471

1,135

1,631

503

Professional fees

2,550

2,179

2,340

1,484

1,430

277

Real estate operating expenses

3,685

3,252

2,630

-

-

-

Other expense

4,225

3,934

3,353

-

-

-

Real estate operating expenses

-

-

-

2,553

415

24

Other expense

-

-

-

2,019

986

273

Total expense

27,277

25,927

23,379

17,223

11,774

2,518

Loss on debt extinguishment

-429

-836

-1,131

-565

0

-

Income before provision for income taxes

37,213

31,401

30,285

28,909

25,794

3,750

Provision for income taxes (benefit)

100

100

100

35

2

-

Consolidated net income

37,089

31,337

30,154

28,874

25,792

3,750

Less: consolidated net income attributable to the non-controlling interest

2,384

2,997

1,227

1,038

1,038

326

Consolidated net income attributable to common stockholders

34,705

28,340

28,927

27,836

24,754

3,424

Basic earnings per common share (in dollars per share)

1.74

1.50

1.58

1.65

1.68

0.41

Diluted earnings per common share (in dollars per share)

1.59

1.43

1.51

1.65

1.68

0.40

Weighted Average Number of Shares Issued, Basic

-

-

-

16,742

-

-

Weighted average shares - basic (in shares)

19,710

18,642

18,074

16,742

14,711

8,360

Weighted average shares - diluted (in shares)

28,173

25,830

23,318

17,451

15,372

8,849