ECC Capital Corporation

ECC Capital Corporation

ECRO
ECC Capital CorporationUS flagOther OTC
0.09
USD
- -
- -
1.75MMarket Cap
2002 Y
2003 Y
2004 Y
2005 Y
2006 Y
2007 Y
TTM
Revenue per Share
1.78
3.95
6.64
1.05
0.5
-0.03
-0.06
Basic EPS, GAAP
0.08
0.56
1.15
-0.72
-1.35
-1.04
-1.12
Free Cash Flow per Basic Share
-17.04
-10.82
-12.8
-79.23
15.99
-0.16
-11.53
Dividend per Share
- -
- -
0.01
0.53
0.18
0.31
0.1
Book Value per Share
0.07
0.63
1.66
-0.99
-2.48
-3.59
-4.44
Tangible Book Value per Share
0.38
0.95
2.15
3.2
1.28
0.15
-0.65
Basic Weighted Avg Shares
21
20
25
89
100
100
99
Sales/Revenue/Turnover
37
79
163
94
50
-3
-6
Operating Margin (%)
11.99
24.82
29.73
-81.43
-51.47
4,049.42
1,901.92
Depreciation Expense
- -
1
3
10
39
16
10
Net Income, GAAP
2
11
28
-64
-135
-104
-111
Effective Tax Rate (%)
62.53
42.86
41.78
- -
- -
- -
- -
Profit Margin (%)
4.49
14.18
17.31
-68.31
-268.36
3,912.17
1,972.51
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
352
578
898
6,874
2,384
1,373
1,214
Total Equity
8
19
53
285
128
15
-64
Return on Invested Capital (%)
- -
2.35
3.65
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
160.82
105.99
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'07
Mar'08
Jun'08
ST Debt
- -
- -
- -
LT Borrowings
1,373
1,292
1,214
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
97
97
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'07
Mar'08
Jun'08
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
23
25
23
Accounts Receivable, Net
- -
8
11
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
10
12
12
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
122.94%
-88.64%
Free Cash Flow
- -
385.09%
-100.99%
Net Income, GAAP
- -
98.03%
-22.39%
Sales/Revenue/Turnover
- -
5.26%
-105.32%
Total Cash Common Dividend
- -
- -
73.48%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
34
17
-24
9
50
2007
6
6
-4
-10
-3
2008
-5
14
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
-0.06
-0.19
-0.54
- -
-1.35
2007
-0.07
-0.55
-0.22
- -
-1.04
2008
-0.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
0.17
- -
- -
- -
0.18
2007
0.31
- -
- -
- -
0.31
2008
0.1
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Gabriel El-Khoury
Full Time Employees
21
Sector
Real Estate
Industry
REIT - Industrial
Address
2600 East Coast Highway Corona Del Mar CA United States of America 92625
IPO Date
Feb 15, 2005
Business
ECC Capital Corporation (ECRO) operates as a specialty finance and asset management company focused on residential mortgage-related assets and coal mining operations. The company manages a portfolio of nonconforming residential mortgage loans held in securitized formats, including interests in securitization trusts that issue securities collateralized by residential real estate mortgages; it also owns Kemmerer Holding LLC and its subsidiary Kemmerer Operations LLC, which conducts open-pit mining of sub-bituminous coal for electrical generation and industrial uses in Kemmerer, Wyoming. Subsidiaries encompass ECR Mortgage Corp., ECR Investment Corp., Performance Credit LLC, ECC Rancho Plaza Inc., and Performance Real Estate Inc., supporting its mortgage securitization and real estate activities primarily in the United States. Founded in 2004 and headquartered at 2600 East Coast Highway, Suite 250, Corona del Mar, California, ECC Capital converted from a REIT to a C-Corp in 2020 and trades on OTC Pink Sheets. In April 2024, PhenixFIN Corporation invested $4.2 million for 84 million newly issued shares, equating to approximately 44% ownership, while ECC Capital acquired 100% of Kemmerer Holdings from PhenixFIN, financed partly by a senior secured seller note maturing December 31, 2031; this prompted board changes, including new directors Roque Santi and David Lorber alongside Steve Holder, and Holder's retirement as CEO with Kevin Cloyd remaining as president. The transaction includes an investor rights agreement mandating board approvals for major actions and amended bylaws.