Eagle Point Credit Series C Preferred (ECCC)
Series C preferred shares in a CLO-focused closed-end investment company.
$25.08
At close+0.02 (+0.10%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 39 | 41 | −86 | 47 | 50 | 58 | 71 | 52 | −13 | 31 | −63 |
| Cost of revenue | 0 | 0 | 0 | 7 | 0 | 0 | 12 | 7 | 0 | 11 | 9 | 8 |
| Gross profit | 36 | 39 | 41 | −93 | 47 | 50 | 45 | 64 | 52 | −24 | 22 | −71 |
| 10 | 11 | 13 | 1 | 13 | 17 | 133 | 2 | 13 | 73 | 158 | −152 | |
| 10 | 11 | 13 | 1 | 13 | 17 | 13 | 2 | 13 | −21 | 10 | 11 | |
| General & administrative | 10 | 11 | 13 | 1 | 13 | 17 | 13 | 2 | 13 | −21 | 10 | 11 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 133 | 0 | 0 | 94 | 148 | −163 |
| Operating income | 26 | 29 | 28 | −94 | 35 | 32 | −87 | 62 | 39 | −97 | −136 | 81 |
| −3 | −3 | 7 | −4 | −27 | 14 | −7 | −7 | −17 | −7 | −6 | −5 | |
| Interest income | — | — | 0 | 50 | — | — | 52 | 46 | 0 | 51 | 42 | 38 |
| Interest expense | — | — | 4 | 7 | — | — | 7 | 7 | 7 | 7 | 6 | 5 |
| Other non-operating income | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Income before tax | 64 | 28 | 35 | −3 | 7 | 46 | −94 | 62 | 22 | −104 | −142 | 76 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 64 | 28 | 35 | −3 | 7 | 46 | −94 | 62 | 22 | −104 | −142 | 76 |
| Net income | 65 | 27 | 35 | −4 | 4 | 45 | −98 | 62 | 22 | −110 | −148 | 70 |
| EPS, basic | $0.88 | $0.35 | $0.43 | −$0.04 | $0.04 | $0.41 | −$0.81 | $0.48 | $0.18 | −$0.83 | −$1.12 | $0.53 |
| EPS, diluted | $0.88 | $0.35 | $0.43 | −$0.04 | $0.04 | $0.41 | −$0.81 | $0.48 | $0.18 | −$0.83 | −$1.12 | $0.53 |
| Weighted average shares, basic | 72 | 77 | 81 | 98 | 106 | 112 | 120 | 120 | 120 | 132 | 133 | 133 |
| Weighted average shares, diluted | 72 | 77 | 81 | 98 | 106 | 112 | 120 | 120 | 120 | 132 | 133 | 133 |
| EBITDA | 0 | 29 | 28 | −94 | 35 | 32 | −87 | 62 | 38 | −97 | −136 | 81 |
| Depreciation & amortization | −27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 27 | 29 | 28 | −94 | 35 | 32 | −87 | 62 | 38 | −97 | −136 | 81 |
