What is IMPAC MORTGAGE HLDGS INC's earnings per share (EPS)?

IMPAC MORTGAGE HLDGS INC (IMPM) reported diluted earnings per share of -$1.65 for fiscal year 2022. This represents a -650.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

IMPAC MORTGAGE HLDGS INC (IMPM) Financials

IMPM

FY2022 annual

Revenue $8.6M -87.0% YoY

Net Income -$39.4M -916.8% YoY

EPS (Diluted) -$1.65 -650.0% YoY

Operating Cash Flow $249.6M +338.8% YoY

Source SEC Filings (10-K/10-Q) Latest period FY2022, ended Dec 31, 2022 Reported Mar 16, 2023 Currency USD FYE December

Newest figures come from the 10-K for FY2022, filed Mar 16, 2023. Each column of the statement tables below links to the filing it was taken from.

IMPAC MORTGAGE HLDGS INC (IMPM) reported $8.6M in revenue for fiscal year 2022, down 87.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI IMPM FY2022 2026-10-03

The business has shrunk into a negative-equity balance sheet, while volatile operating cash flow reflects asset movements more than earnings.

Operating cash flow moved from -$104.5M in FY2021 to $249.6M in FY2022 even as net income stayed negative; that disconnect is consistent with balance-sheet activity shaping reported cash movement rather than recurring profitability.

Between FY2021 and FY2022, total assets fell 97.0% while liabilities fell 96.4%, a near-complete contraction rather than an ordinary change in operating scale. Equity ended negative at $11.6M, meaning liabilities exceeded the remaining asset base.

The reported debt-to-equity ratio shifted from 202.6x to -6.2x, but the sign change reflects equity crossing below zero, not meaningful deleveraging. Revenue fell 87.0% between FY2021 and FY2022 while the company still recorded an operating loss; FY2022 revenue of $8.6M accompanied a net loss of $39.4M.

Financial Health Signals

Financial health score not available

IMPAC MORTGAGE HLDGS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/6

IMPAC MORTGAGE HLDGS INC passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

N/A

IMPAC MORTGAGE HLDGS INC reported a net loss of $39.4M while generating $249.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

IMPAC MORTGAGE HLDGS INC reported an operating loss of $47.5M against $19.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$255K

YoY-98.3%

QoQ-61.1%

5Y CAGR-53.4%

10Y CAGR-37.8%

IMPAC MORTGAGE HLDGS INC generated $255K in revenue in Q4 2022. This represents a decrease of 98.3% from the same quarter a year earlier. Against the prior quarter it is down 61.1%.

Net Income

-$11.8M

YoY-428.4%

QoQ+9.6%

IMPAC MORTGAGE HLDGS INC reported -$11.8M in net income in Q4 2022. This represents a decrease of 428.4% from the same quarter a year earlier. Against the prior quarter it is up 9.6%.

EPS (Diluted)

-$0.31

IMPAC MORTGAGE HLDGS INC earned -$0.31 per diluted share (EPS) in Q4 2022.

EBITDA

Not reported for Q4 2022.

Cash & Balance Sheet

Cash & Debt

$25.9M

YoY-12.5%

QoQ-41.2%

5Y CAGR-4.9%

10Y CAGR+7.4%

IMPAC MORTGAGE HLDGS INC held $25.9M in cash as of Q4 2022; long-term debt is not reported for that period.

Shares Outstanding

37M

5Y CAGR+11.8%

10Y CAGR+15.5%

IMPAC MORTGAGE HLDGS INC had 37M shares outstanding in Q4 2022.

Free Cash Flow

Not reported for Q4 2022.

Dividends Per Share

Not reported for Q4 2022.

Margins & Returns

Gross Margin

Not reported for Q4 2022.

Operating Margin

Not shown for Q4 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q4 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

Not reported for Q4 2022.

Capital Allocation

None of these metrics is reported for Q4 2022.

IMPM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IMPM quarterly income statement

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$8.6M-87.0%	$66.3M-44.2%	$118.9M+31.2%	$90.6M-13.7%	$105.0M-24.3%	$138.7M-53.4%	$297.8M+78.3%	$167.0M+278.3%	$44.1M-50.1%	$88.4M-8.0%	$96.1M+31.5%	$73.1M+5.6%	$69.2M
SG&A Expenses	$15.7M-6.5%	$16.8M-31.5%	$24.5M+9.5%	$22.4M-36.6%	$35.3M-5.6%	$37.4M+10.8%	$33.8M+20.7%	$28.0M+49.2%	$18.8M+26.7%	$14.8M+28.8%	$11.5M+20.0%	$9.6M-7.9%	$10.4M
Operating Income	-$47.5M-219.3%	-$14.9M+83.3%	-$89.4M-1320.3%	-$6.3M+95.6%	-$144.4M-714.4%	-$17.7M-129.7%	$59.7M-16.2%	$71.3M+639.9%	-$13.2M	N/A	N/A	N/A	N/A
EBITDA	-$47.2M-228.1%	-$14.4M+83.8%	-$88.6M-1491.2%	-$5.6M+96.0%	-$140.5M-985.9%	-$12.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$19.1M-69.8%	$63.3M-44.4%	$113.8M-27.0%	$155.9M-15.4%	$184.3M-18.4%	$226.0M-13.4%	$260.8M-5.1%	$274.9M-6.7%	$294.5M-5.1%	$310.5M-34.9%	$476.8M-35.0%	$733.9M-25.1%	$979.4M
Income Tax	$38K-46.5%	$71K-46.6%	$133K+154.3%	-$245K-104.9%	$5.0M-75.2%	$20.1M+1742.5%	$1.1M+105.0%	-$21.9M-1776.3%	$1.3M+226.6%	-$1.0M-182.9%	$1.2M+4.2%	$1.2M+482.4%	$205K
Net Income	-$39.4M-916.8%	-$3.9M+95.6%	-$88.2M-1005.1%	-$8.0M+94.5%	-$145.4M-361.3%	-$31.5M-167.5%	$46.7M-42.2%	$80.8M+1378.1%	-$6.3M+22.8%	-$8.2M-142.5%	-$3.4M-204.7%	$3.2M-68.7%	$10.3M
EPS (Basic)	-$1.65-650.0%	-$0.22+94.7%	-$4.15-992.1%	-$0.38+94.5%	-$6.92-327.2%	-$1.62-145.8%	$3.54-55.8%	$8.00+1276.5%	-$0.68	N/A	-$0.42-202.4%	$0.41-69.2%	$1.33
EPS (Diluted)	-$1.65-650.0%	-$0.22+94.7%	-$4.15-992.1%	-$0.38+94.5%	-$6.92-327.2%	-$1.62-148.9%	$3.31-48.3%	$6.40+1041.2%	-$0.68	N/A	-$0.42-207.7%	$0.39-68.5%	$1.24
Diluted Shares (Avg)	24M+12.1%	21M+0.4%	21M+0.3%	21M+0.8%	21M+8.2%	19M+30.8%	15M+13.9%	13M+39.6%	9M+6.8%	9M+10.6%	8M-5.2%	8M	N/A

Metric	Q4'2210-K	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q
Revenue	$255K-98.3%	$655K-96.7%	$495K-95.5%	$7.2M-65.1%	$14.9M-45.7%	$19.8M+1.7%	$11.0M-69.4%	$20.6M-43.0%
SG&A Expenses	$410K-49.1%	$4.8M-2.0%	$5.3M-9.5%	$5.1M-0.9%	$805K-86.8%	$4.9M+2.1%	$5.9M-11.1%	$5.2M-25.7%
Operating Income	-$10.0M-79.2%	-$11.2M-53609.5%	-$14.2M-64.1%	-$12.2M-1604.1%	-$5.6M-7608.1%	$21K-99.4%	-$8.6M+53.4%	-$714K+99.0%
Interest Expense	$2.0M-87.7%	$2.0M-87.9%	$2.2M-85.5%	$13.0M-18.1%	$15.8M-22.0%	$16.4M-35.0%	$15.1M-56.8%	$15.9M-52.2%
Income Tax	-$8K-214.3%	$7K-66.7%	$16K-74.2%	$23K+221.1%	$7K-91.0%	$21K+425.0%	$62K+313.3%	-$19K-152.8%
Net Income	-$11.8M-428.4%	-$13.0M-723.8%	-$13.5M-51.9%	-$1.2M-73.4%	$3.6M+263.6%	$2.1M+30.4%	-$8.9M+61.2%	-$683K+98.9%
EPS (Basic)	-$0.31-306.7%	-$0.62-875.0%	-$0.64-52.4%	-$0.07-133.3%	$0.15+250.0%	$0.080.0%	-$0.42+61.1%	-$0.03+99.0%
EPS (Diluted)	-$0.31	-$0.62-875.0%	-$0.64-52.4%	-$0.07-133.3%	$0.15+250.0%	$0.080.0%	-$0.42+61.1%	-$0.03+99.0%
Diluted Shares (Avg)	N/A	22M+0.8%	22M+0.8%	21M+0.6%	N/A	21M+0.4%	21M+0.5%	21M+0.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EBITDA.

IMPM Balance Sheet

IMPM quarterly balance sheet

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$60.3M-97.0%	$2.0B-14.6%	$2.4B-33.2%	$3.5B-2.8%	$3.6B-22.1%	$4.7B-3.7%	$4.9B-6.7%	$5.2B-6.6%	$5.6B-2.4%	$5.7B-4.5%	$6.0B+6.7%	$5.6B-8.8%	$6.2B
Cash & Equivalents	$25.9M-12.5%	$29.6M-45.4%	$54.1M+119.5%	$24.7M+6.3%	$23.2M-30.2%	$33.2M-17.1%	$40.1M+23.7%	$32.4M+221.7%	$10.1M+1.0%	$10.0M-21.6%	$12.7M+66.1%	$7.7M-34.1%	$11.6M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$916K-80.8%	$4.8M+49.5%	$3.2M-77.6%	$14.3M-15.3%	$16.8M+211.8%	$5.4M-22.3%	$7.0M-38.9%	$11.4M+96.5%	$5.8M+44.4%	$4.0M-11.7%	$4.5M+46.8%	$3.1M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	$0	$0-100.0%	$104.6M-0.3%	$104.9M0.0%	$104.9M+29711.9%	$352K	N/A	N/A	N/A	N/A
Total Liabilities	$71.9M-96.4%	$2.0B-14.5%	$2.4B-31.6%	$3.4B-2.7%	$3.5B-19.9%	$4.4B-4.7%	$4.6B-9.1%	$5.1B-8.2%	$5.6B-2.4%	$5.7B-4.4%	$6.0B+6.7%	$5.6B-8.9%	$6.1B
Long-Term Debt	N/A	N/A	N/A	N/A	$44.9M-0.3%	$45.0M-4.7%	$47.2M+48.0%	$31.9M+44.2%	$22.1M+39.4%	$15.9M+24.7%	$12.7M+10.1%	$11.6M-1.4%	$11.7M
Total Equity	-$11.6M-216.8%	$9.9M-36.5%	$15.7M-85.0%	$104.2M-5.4%	$110.2M-58.4%	$265.1M+14.8%	$231.0M+101.8%	$114.5M+358.8%	$25.0M-3.5%	$25.9M-10.7%	$29.0M-3.4%	$30.0M+13.5%	$26.4M
Retained Earnings	-$1.3B-3.2%	-$1.3B-0.3%	-$1.2B-7.7%	-$1.2B-0.7%	-$1.1B-18.6%	-$968.8M-3.4%	-$937.3M+4.7%	-$983.9M+7.6%	-$1.1B-0.6%	-$1.1B-0.8%	-$1.1B-0.3%	-$1.0B+0.3%	-$1.1B

Metric	Q4'2210-K	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q
Total Assets	$60.3M-97.0%	$93.6M-95.5%	$133.7M-93.7%	$269.6M-88.6%	$2.0B-14.6%	$2.1B-15.3%	$2.1B-10.8%	$2.4B-19.2%
Cash & Equivalents	$25.9M-12.5%	$44.0M+4.3%	$61.2M+21.9%	$70.6M+33.0%	$29.6M-45.4%	$42.2M-23.9%	$50.2M+16.7%	$53.1M-33.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$916K-80.8%	N/A	N/A	N/A	$4.8M+49.5%	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$71.9M-96.4%	$99.7M-95.2%	$130.2M-93.8%	$262.8M-88.8%	$2.0B-14.5%	$2.1B-15.0%	$2.1B-10.4%	$2.3B-18.7%
Total Equity	-$11.6M-216.8%	-$6.1M-183.4%	$3.5M-20.5%	$6.7M-50.1%	$9.9M-36.5%	$7.3M-57.6%	$4.3M-71.1%	$13.5M-61.8%
Retained Earnings	-$1.3B-3.2%	-$1.3B-1.9%	-$1.3B-0.7%	-$1.3B-0.4%	-$1.3B-0.3%	-$1.3B-0.8%	-$1.3B-0.8%	-$1.2B-2.0%

Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

IMPM Cash Flow Statement

IMPM quarterly cash flow statement

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	$249.6M+338.8%	-$104.5M-116.5%	$633.9M+267.9%	-$377.5M-287.9%	$201.0M+245.7%	-$138.0M-310.7%	$65.5M+113.5%	$30.7M+2.3%	$30.0M-82.8%	$174.5M0.0%	$174.5M+0.5%	$173.6M-36.1%	$271.6M
Depreciation & Amortization	$317K-35.7%	$493K-31.7%	$722K+0.1%	$721K-81.1%	$3.8M-20.1%	$4.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Stock-Based Compensation	$678K-23.3%	$884K+25.9%	$702K+6.4%	$660K-30.3%	$947K-62.8%	$2.5M+19.6%	$2.1M+32.1%	$1.6M-16.0%	$1.9M-2.5%	$2.0M+339.0%	$449K+34.4%	$334K-34.4%	$509K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$109K+505.6%	$18K-95.0%	$362K+43.7%	$252K-47.8%	$483K-72.8%	$1.8M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$30.6M+2.0%	$30.0M-82.8%	$174.1M-0.1%	$174.3M+0.7%	$173.1M-35.9%	$269.8M
Investing Cash Flow	$110.4M-81.6%	$600.0M+30.4%	$460.3M-21.9%	$589.7M-19.0%	$727.7M+7.4%	$677.5M+5.5%	$641.9M-10.1%	$714.4M+1.9%	$701.3M-10.9%	$787.2M+5.8%	$743.8M-11.3%	$838.5M-11.1%	$943.7M
Financing Cash Flow	N/A	-$520.0M+51.5%	-$1.1B-422.1%	-$205.2M+78.1%	-$937.6M-71.6%	-$546.5M+21.9%	-$699.7M+3.2%	-$722.7M+1.2%	-$731.2M+24.2%	-$964.5M-5.6%	-$913.2M+10.1%	-$1.0B+17.4%	-$1.2B

Metric	Q4'2210-K	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q
Operating Cash Flow	-$9.5M+64.2%	$6.1M+105.7%	$108.1M+57.9%	$144.7M+476.8%	-$26.4M-307.7%	-$108.2M+0.9%	$68.5M-85.5%	-$38.4M-114.9%
Stock-Based Compensation	N/A	N/A	N/A	$260K+19.3%	N/A	N/A	N/A	$218K-8.4%
Investing Cash Flow	$754K-99.4%	$24K-100.0%	-$46K-100.0%	$109.7M-20.7%	$131.0M+14.9%	$156.7M+63.4%	$174.1M+43.0%	$138.2M+7.5%
Financing Cash Flow	-$9.5M+91.9%	-$24.4M+56.9%	-$117.8M+52.0%	-$213.5M-112.0%	-$117.3M+8.5%	-$56.5M-316.5%	-$245.4M+61.6%	-$100.7M+69.6%

Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

IMPM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IMPM quarterly financial ratios

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Margin	-553.0%	-22.4%+52.7pp	-75.1%-68.2pp	-6.9%	-137.5%	-12.8%-32.8pp	20.1%-22.6pp	42.7%+72.6pp	-29.9%	N/A	N/A	N/A	N/A
Net Margin	-458.8%	-5.9%+68.3pp	-74.1%-65.3pp	-8.8%	-138.5%	-22.7%-38.4pp	15.7%-32.7pp	48.4%+62.7pp	-14.3%-5.1pp	-9.3%-5.8pp	-3.5%-7.9pp	4.4%-10.5pp	14.9%
Return on Equity	N/A	-39.0%+524.2pp	-563.2%-555.6pp	-7.6%+124.3pp	-132.0%-120.1pp	-11.9%-32.1pp	20.2%-50.4pp	70.6%+95.9pp	-25.3%+6.3pp	-31.6%-20.0pp	-11.7%-22.4pp	10.8%-28.2pp	39.0%
Return on Assets	-65.4%-65.2pp	-0.2%+3.5pp	-3.7%-3.5pp	-0.2%+3.8pp	-4.0%-3.3pp	-0.7%-1.6pp	1.0%-0.6pp	1.6%+1.7pp	-0.1%0.0pp	-0.1%-0.1pp	-0.1%-0.1pp	0.1%-0.1pp	0.2%
Debt-to-Equity	N/A	202.58+52.2x	150.38+117.4x	33.02+32.6x	0.41+0.2x	0.170.0x	0.20-0.1x	0.28-0.6x	0.89+0.3x	0.61+0.2x	0.44+0.1x	0.39-0.1x	0.44
Asset Turnover	0.14+0.1x	0.030.0x	0.050.0x	0.030.0x	0.030.0x	0.030.0x	0.060.0x	0.030.0x	0.010.0x	0.020.0x	0.020.0x	0.010.0x	0.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	18.3%-49.6pp	67.9%	197.0%	181.3%	23.5%-3.9pp	27.4%

Metric	Q4'2210-K	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q
Operating Margin	-3903.9%	-1715.6%	-2862.8%	-169.2%	-37.2%-37.5pp	0.1%-17.1pp	-78.6%-27.0pp	-3.5%
Net Margin	-4614.9%	-1986.7%	-2720.6%	-16.5%-13.2pp	24.0%+31.9pp	10.5%+2.3pp	-80.7%-17.0pp	-3.3%
Return on Equity	N/A	N/A	-390.1%-186.0pp	-17.5%-12.5pp	36.1%+50.0pp	28.6%+19.3pp	-204.2%-52.2pp	-5.1%+177.6pp
Return on Assets	-19.5%-19.7pp	-13.9%-14.0pp	-10.1%-9.7pp	-0.4%-0.4pp	0.2%+0.3pp	0.1%0.0pp	-0.4%+0.6pp	0.0%+2.2pp
Debt-to-Equity	N/A	N/A	37.72-447.3x	38.97-134.6x	202.58+52.2x	286.08+143.4x	485.03+328.6x	173.59+92.1x
Asset Turnover	0.000.0x	0.010.0x	0.000.0x	0.030.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: Shareholder equity is negative (-$11.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
IMPAC MORTGAGE HLDGS INC IMPM	FY2022	$8.6M	-$39.4M	N/A	$9.1M	—
MAG MILE CAPITAL,INC MMCP	FY2025	$4.1M	-$124K	-3.0%	$10.0M	—

Where IMPAC MORTGAGE HLDGS INC Ranks

Frequently Asked Questions

What is IMPAC MORTGAGE HLDGS INC's annual revenue?

IMPAC MORTGAGE HLDGS INC (IMPM) reported $8.6M in total revenue for fiscal year 2022. This represents a -87.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is IMPAC MORTGAGE HLDGS INC's revenue growing?

IMPAC MORTGAGE HLDGS INC (IMPM) revenue declined by 87.0% year-over-year, from $66.3M to $8.6M in fiscal year 2022.

Is IMPAC MORTGAGE HLDGS INC profitable?

No, IMPAC MORTGAGE HLDGS INC (IMPM) reported a net income of -$39.4M in fiscal year 2022.

What is IMPAC MORTGAGE HLDGS INC's EBITDA?

IMPAC MORTGAGE HLDGS INC (IMPM) had EBITDA of -$47.2M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

What is IMPAC MORTGAGE HLDGS INC's operating cash flow?

IMPAC MORTGAGE HLDGS INC (IMPM) generated $249.6M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

What are IMPAC MORTGAGE HLDGS INC's total assets?

IMPAC MORTGAGE HLDGS INC (IMPM) had $60.3M in total assets as of fiscal year 2022, including both current and long-term assets.

How many shares does IMPAC MORTGAGE HLDGS INC have outstanding?

IMPAC MORTGAGE HLDGS INC (IMPM) had 37M shares outstanding as of fiscal year 2022.

What is IMPAC MORTGAGE HLDGS INC's return on assets (ROA)?

IMPAC MORTGAGE HLDGS INC (IMPM) had a return on assets of -65.4% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

Why is IMPAC MORTGAGE HLDGS INC's debt-to-equity ratio negative or not reported?

IMPAC MORTGAGE HLDGS INC (IMPM) has negative shareholder equity of -$11.6M as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is IMPAC MORTGAGE HLDGS INC's Piotroski F-Score?

IMPAC MORTGAGE HLDGS INC (IMPM) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are IMPAC MORTGAGE HLDGS INC's earnings high quality?

IMPAC MORTGAGE HLDGS INC (IMPM) reported a net loss of $39.4M while generating $249.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can IMPAC MORTGAGE HLDGS INC cover its interest payments?

IMPAC MORTGAGE HLDGS INC (IMPM) reported an operating loss of $47.5M against $19.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.