Invesco Mortgage Capital Inc (N:IVR)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 1331 Spring St. Nw, Suite 2500
ATLANTA GA 30309
Tel: 1-404-4394843
Website: https://www.invescomortgagecapital.com
IR: See website
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Key People
Kevin M. Collins
President
John M. Anzalone
Chief Executive Officer
Richard Lee Phegley
Chief Financial Officer
David B. Lyle
Chief Operating Officer
Brian P. Norris
Chief Investment Officer
Carolyn L. Gibbs
Executive Director
Beth A. Zayicek
Executive Director
   
Business Overview
Invesco Mortgage Capital Inc. is focused on investing in, financing and managing mortgage-backed securities (MBS) and other mortgage-related assets. Its objective is to provide attractive risk-adjusted returns to its stockholders, through dividends and secondarily through capital appreciation. It invests in residential mortgage-backed securities (RMBS) that are guaranteed by a United States government agency, such as the Government National Mortgage Association (Ginnie Mae), or a federally chartered corporation, such as the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (Agency RMBS). It also invests in commercial mortgage-backed securities (CMBS) and RMBS that are not guaranteed by a United States government agency or a federally chartered corporation, as well as commercial mortgage loans, TBAs and other real estate-related investments. It conducts its business through its subsidiary, IAS Operating Partnership L.P.
Financial Overview
For the fiscal year ended 31 December 2023, Invesco Mortgage Capital Inc revenues increased 35% to $288.3M. Net loss applicable to common stockholders decreased 91% to $37.5M. Revenues reflect Mortgage-backed and other securities increase of 44% to $277.9M. Lower net loss reflects G/L on Invest HFS, Maturity & Trading decrease of 87% to $158M (expense), Gain/Loss on Derivatives - Hedg increase from $86.9M to $239M (income).
Reporting Currency: U.S. Dollars
Enterprise value: $5,092M as of Dec 31, 2023
Annual revenue (TTM): $288.33M as of Dec 31, 2023
EBITDA (TTM): $29.97M as of Dec 31, 2023
Net annual income (TTM): -$37.54M as of Dec 31, 2023
Free cash flow (TTM): $135.60M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4,382M as of Dec 31, 2023
Shares outstanding: 48,665,196 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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