Great ajax corp. (AJXA)
Income statement / TTM
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

110,250

112,416

113,787

113,480

112,042

108,181

104,064

101,177

96,208

91,424

86,780

80,958

75,615

70,688

66,548

62,281

56,696

47,700

34,383

0

0

0

Interest expense

56,710

59,325

60,486

59,166

56,526

53,335

49,672

47,450

43,944

39,101

35,301

31,467

28,237

25,573

22,297

19,205

15,411

11,499

0

0

0

-

Net interest income

53,540

53,091

53,301

54,314

55,516

54,846

54,392

53,727

52,264

52,323

51,479

49,491

47,378

45,115

44,251

43,076

41,285

36,201

27,190

0

0

0

Provision for credit losses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

1,006

1,403

-

1,164

400

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

Net interest income after provision for credit losses

47,782

52,288

52,260

52,911

54,198

53,682

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Income/(Loss) from investments in affiliates

-241

1,332

1,435

1,091

1,031

762

786

794

0

-

0

0

-

-

-

-

-

-

-

-

-

-

Loss on sale of mortgage loans

6,300

7,000

7,123

7,014

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from investment in Manager

-

-

-

-

-

-

-

-

-

-

-

-

223

-

208

184

202

198

0

0

0

-

Other income

3,813

4,176

4,279

3,515

3,376

3,720

3,159

3,016

2,757

1,765

957

915

967

1,024

1,735

1,764

1,504

1,169

732

0

0

0

Total income

57,772

64,919

65,097

64,531

58,605

58,164

58,067

57,543

55,871

54,795

53,290

51,170

48,908

46,697

46,194

45,024

42,991

37,568

28,070

0

0

0

EXPENSE
Related party expense – loan servicing fees

8,641

9,133

9,527

9,787

10,185

10,148

9,840

9,570

8,833

8,245

7,728

7,086

6,561

6,083

5,614

5,265

4,706

3,959

2,860

0

0

0

Related party expense – management fee

7,467

7,356

7,152

6,393

6,181

6,025

5,938

5,910

5,800

5,340

4,887

4,508

4,115

3,949

3,781

3,593

3,512

3,353

2,903

0

0

0

Loan transaction expense

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan transaction expense

-

-

-

259

-

-

-

894

1,301

1,471

1,505

1,315

1,447

1,135

1,219

1,429

1,584

1,631

1,428

0

0

0

Professional fees

2,493

2,550

2,524

2,560

2,432

2,179

2,453

2,468

2,469

2,340

1,832

1,650

1,550

1,484

1,547

1,510

1,459

1,430

1,219

0

0

0

Real estate operating expenses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate operating expenses

-

-

3,747

3,532

-

-

2,912

3,062

2,755

-

3,547

3,039

2,670

2,553

1,341

826

612

415

1,259

0

0

0

Other expense

-

-

4,254

4,278

-

-

3,791

3,737

3,658

-

3,239

2,878

2,352

2,019

1,569

1,250

1,179

986

821

0

0

0

Total expense

26,737

27,277

27,540

26,809

26,514

25,927

25,513

25,641

24,816

23,379

22,738

20,476

18,695

17,223

15,071

13,873

13,052

11,774

0

0

0

-

Loss on debt extinguishment

-837

-429

-1,018

-1,018

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Income before provision for income taxes

30,198

37,213

37,375

36,704

31,255

31,401

30,805

30,989

29,924

30,285

29,769

29,911

29,648

28,909

31,123

31,151

29,939

25,794

18,647

0

0

0

Provision for income taxes (benefit)

-300

100

147

220

184

100

122

69

115

100

90

61

39

35

49

47

0

-

0

0

-

-

Consolidated net income

30,464

37,089

37,277

36,549

31,136

31,337

30,668

30,889

29,778

30,154

29,679

29,850

29,609

28,874

31,104

31,142

29,940

25,792

18,623

0

0

0

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

2,689

2,384

2,633

3,038

3,131

2,997

2,740

2,049

1,595

1,227

979

997

1,015

1,038

1,161

1,208

1,175

1,038

937

0

0

0

Consolidated net income attributable to common stockholders

27,775

34,705

34,644

33,511

28,005

28,340

27,928

28,840

28,183

28,927

28,700

28,853

28,594

27,836

29,943

29,934

28,765

24,754

17,686

0

0

0

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