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Bimini Capital Management Inc   (BMNM)
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Price: $0.9899 $0.24 32.499%
Day's High: $0.9899 Week Perf: 31.99 %
Day's Low: $ 0.73 30 Day Perf: 9.99 %
Volume (M): 28 52 Wk High: $ 1.04
Volume (M$): $ 27 52 Wk Avg: $0.89
Open: $0.73 52 Wk Low: $0.68



 Market Capitalization (Millions $) 10
 Shares Outstanding (Millions) 10
 Employees -
 Revenues (TTM) (Millions $) 18
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 0

Bimini Capital Management Inc
Bimini Capital Management Inc is a publicly traded real estate investment trust (REIT) that primarily focuses on managing and investing in mortgage-related assets. The company specializes in acquiring, financing, and managing residential mortgage-backed securities (RMBS) and other mortgage-related investments.

Bimini Capital Management Inc primarily invests in agency-backed RMBS, which are mortgages that are guaranteed by government-sponsored entities such as Fannie Mae and Freddie Mac. These investments provide the company with a steady stream of cash flows from the interest and principal payments on the underlying mortgages.

Additionally, Bimini Capital Management Inc may also invest in non-agency RMBS, which are mortgages that do not have government guarantees. These investments typically carry higher risk but also offer the potential for higher returns.

The company focuses on actively managing its portfolio to optimize the risk and return profile. This involves analyzing market trends, interest rate movements, and the creditworthiness of the underlying mortgages.

In addition to its investment activities, Bimini Capital Management Inc also provides management services to another subsidiary, Bimini Advisors Holdings LLC, which acts as the asset manager for the Royal Palm Residential Mortgage REIT. This allows the company to generate additional fee income.

Overall, Bimini Capital Management Inc operates as an investment management firm specializing in mortgage-related assets, with a focus on agency-backed and non-agency residential mortgage-backed securities.


   Company Address: 3305 Flamingo Drive Vero Beach 32963 FL
   Company Phone Number: 231-1400   Stock Exchange / Ticker: BMNM
   


   

Stock Performances by Major Competitors

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Bimini Capital Management Inc

Bimini Capital Management Inc Reports Positive Revenue Growth Despite $4.45 Million Tax Charge

Bimini Capital Management Inc, a Real Estate Investment Trust (REIT), reported positive revenue growth in the fiscal period ending December 31, 2023. Despite a 13.841% increase in revenue to $4.63 million compared to the same quarter a year prior, the company experienced a loss of $-0.49 per share.
Analyzing the results from the previous quarter, Bimini Capital Management Inc witnessed a decrease in revenue by -2.146% from $4.73 million. Additionally, the company's losses increased from $-0.04 per share. However, in the fiscal fourth quarter of 2023, Bimini Capital Management Inc reported a net loss of $-4.855 million, which was an improvement compared to the $-11.984 million deficit in the same quarter the year before. It is important to note that these results include a $4.45 million tax charge. Hence, if excluding this charge, the fiscal fourth quarter of 2023 would have shown a net profit.
Accounts receivable also declined to $1.5 million from the previous quarter, although this figure is higher than the same time a year ago. This indicates that the company has been successful in managing its outstanding invoices.
Furthermore, Bimini Capital Management Inc claimed a shortfall of $-3.98 million and reported a total revenue of $17.93 million for the fiscal year 2023. This demonstrates that although there was a loss, the company still maintained a substantial level of revenue.

Bimini Capital Management Inc

Bimini Capital Management Inc Reveals Surprising Financial Results, Leaving Investors Intrigued

As an investor, I am always looking for insights into the financial performance of companies in different industries. Recently, I came across some interesting financial results of Bimini Capital Management Inc for the July to September 30, 2023, financial period. It seems that Bimini Capital Management Inc had mixed results in this period, with some positive and negative trends.
One positive aspect of Bimini's financial results is the improvement in their per-share losses. In the July to September 2023 period, the company reported a loss of $-0.04 per share, compared to a loss of $-0.31 per share in the same period last year. This indicates that the company has been able to reduce its losses on a per-share basis, which is a good sign for investors.

Bimini Capital Management Inc

Bimini Capital Management Inc Achieves Impressive Financial Results with Strong Revenue Growth and Positive Earnings in Q2 2023



Bimini Capital Management Inc, a Real Estate Investment Trusts (REITs) company, has showcased impressive financial results for the second quarter of 2023. With positive earnings per share (EPS), significant growth in revenue, improved profit margins, and a strong signal through accounts receivable, Bimini Capital Management is well-positioned for future success.
Profitability and Performance:
In the second quarter of 2023, Bimini Capital Management achieved a significant turnaround, reporting positive profits of $0.03 per share. This demonstrates a notable improvement from the previous year's negative profit of $-0.11 per share. However, it should be noted that the EPS dropped by 70% from the prior quarter, decreasing from $0.10 per share. Despite this decrease, Bimini Capital Management's ability to achieve positive earnings in the current year should be acknowledged as a positive development.






 

Bimini Capital Management Inc's Segments
 
 
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Bimini Capital Management Inc does not provide revenue guidance.

Earnings Outlook
Bimini Capital Management Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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