Great ajax corp. (AJXA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14
INCOME
INCOME
Interest income

27,286

27,113

27,723

28,128

29,452

28,484

27,416

26,690

25,591

24,367

24,529

21,721

20,807

19,723

18,707

16,378

15,880

15,583

14,440

10,793

6,884

2,266

Interest expense

13,070

13,884

14,317

15,439

15,685

15,045

12,997

12,799

12,494

11,382

10,775

9,293

7,651

7,582

6,941

6,063

4,987

4,306

3,849

2,269

1,075

-

Net interest income

14,216

13,229

13,406

12,689

13,767

13,439

14,419

13,891

13,097

12,985

13,754

12,428

13,156

12,141

11,766

10,315

10,893

11,277

10,591

8,524

5,809

2,266

Provision for credit losses

5,109

-

-

-

154

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

3

85

-

764

400

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

Net interest income after provision for credit losses

9,107

12,668

13,403

12,604

13,613

12,640

14,054

13,891

13,097

-

-

-

-

-

-

-

-

-

-

-

-

-

Income/(Loss) from investments in affiliates

-1,112

31

583

257

461

134

239

197

192

-

158

247

-

-

-

-

-

-

-

-

-

-

Loss on sale of mortgage loans

-700

-123

109

7,014

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from investment in Manager

-

-

-

-

-

-

-

-

-

-

-

-

49

-

68

46

44

50

44

64

40

-

Other income

747

1,017

1,221

828

1,110

1,120

457

689

1,454

559

314

430

462

-249

272

482

519

462

301

222

184

25

Total income

8,037

13,716

15,316

20,703

15,184

13,894

14,750

14,777

14,743

13,797

14,226

13,105

13,667

12,292

12,106

10,843

11,456

11,789

10,936

8,810

6,033

2,291

EXPENSE
Related party expense – loan servicing fees

2,014

2,156

2,197

2,274

2,506

2,550

2,457

2,672

2,469

2,242

2,187

1,935

1,881

1,725

1,545

1,410

1,403

1,256

1,196

851

656

157

Related party expense – management fee

1,799

1,801

2,215

1,652

1,688

1,597

1,456

1,440

1,532

1,510

1,428

1,330

1,072

1,057

1,049

937

906

889

861

856

747

439

Loan transaction expense

-103

-

52

-

69

-

-25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan transaction expense

-

-

-

191

-

-

-

35

355

214

290

442

525

248

100

574

213

332

310

729

260

129

Professional fees

805

608

446

634

862

582

482

506

609

856

497

507

480

348

315

407

414

411

278

356

385

200

Real estate operating expenses

912

-

-

-

786

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

1,025

-

-

-

1,081

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate operating expenses

-

-

1,216

887

-

-

1,001

944

449

-

1,151

637

324

1,435

643

268

207

223

128

54

10

1,067

Other expense

-

-

940

1,219

-

-

964

965

991

-

910

886

686

757

549

360

353

307

230

289

160

142

Total expense

6,452

6,362

7,066

6,857

6,992

6,625

6,335

6,562

6,405

6,211

6,463

5,737

4,968

5,570

4,201

3,956

3,496

3,418

3,003

3,135

2,218

-

Loss on debt extinguishment

-408

-247

0

-182

0

-

-836

0

-

-

0

-218

-

-

-

-

-

-

-

-

-

-

Income before provision for income taxes

1,177

7,107

8,250

13,664

8,192

7,269

7,579

8,215

8,338

6,673

7,763

7,150

8,699

6,157

7,905

6,887

7,960

8,371

7,933

5,675

3,815

1,224

Provision for income taxes (benefit)

-300

-65

27

38

100

-18

100

2

16

4

47

48

1

-6

18

26

-3

-

8

16

-

-

Consolidated net income

1,496

7,119

8,223

13,626

8,121

7,307

7,495

8,213

8,322

6,638

7,716

7,102

8,698

6,163

7,887

6,861

7,963

8,393

7,925

5,659

3,815

1,224

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

1,096

462

532

599

791

711

937

692

657

454

246

238

289

206

264

256

312

329

311

223

175

228

Consolidated net income attributable to common stockholders

400

6,657

7,691

13,027

7,330

6,596

6,558

7,521

7,665

6,184

7,470

6,864

8,409

5,957

7,623

6,605

7,651

8,064

7,614

5,436

3,640

996

Basic earnings per common share (in dollars per share)

0.02

0.29

0.39

0.67

0.39

0.34

0.35

0.40

0.41

0.33

0.41

0.38

0.46

0.31

0.42

0.42

0.50

0.54

0.50

0.36

0.28

0.13

Diluted earnings per common share (in dollars per share)

0.02

0.31

0.36

0.56

0.36

0.34

0.34

0.37

0.38

0.31

0.38

0.36

0.46

0.31

0.42

0.42

0.50

0.54

0.50

0.36

0.28

0.13

Weighted average shares - basic (in shares)

22,070

21,109

19,751

19,169

18,811

18,774

18,691

18,595

18,508

18,239

18,072

18,008

17,976

17,984

17,937

15,742

15,306

15,326

15,273

15,237

13,008

7,762

Weighted average shares - diluted (in shares)

22,189

28,930

28,200

27,732

27,829

23,857

26,592

26,476

26,395

26,209

25,246

23,026

18,791

18,794

18,664

16,389

15,959

15,973

15,926

15,909

13,680

8,207