Financial insights of ONIT

MyFinsight

For the quarter ending 2025-09-30, ONIT made $280,300K in revenue. $17,700K in net income. Net profit margin of 6.31%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	280,300	246,600	249,800	265,700
Msr valuation adjustments, net	45,000	27,300	38,900	31,500
Professional fees (income)	-	-	22,600	17,300
Compensation and benefits	63,300	-	57,400	59,500
Servicing and origination	15,600	-	13,000	11,100
Technology and communications	15,900	-	15,000	13,200
Professional services	18,300	-	-	-
Occupancy, equipment and mailing	9,100	-	8,200	7,900
Other expenses	3,600	-	3,600	3,400
Total operating expenses	125,800	109,500	119,900	112,400
Interest expense (11.5, 11.0, 34.1 and 32.6 on amounts due to related parties)	-	-	-	74,200
Interest income	37,600	32,100	-	24,500
Interest expense	82,900	75,600	-	-
Pledged msr liability expense (11.0, 11.4, 33.9, and 42.1 on amounts due to related party)	41,700	43,000	-	42,300
Gain on extinguishment of debt	0	0	-	300
Earnings of equity method investee	0	0	-	800
Other, net	500	-400	-	-3,300
Other income (expense), net	-86,500	-87,000	-81,900	-94,100
Income before income taxes	23,100	22,800	9,100	27,600
Income tax expense (benefit)	4,400	1,300	-13,000	6,300
Net income	18,700	21,500	22,100	21,400
Preferred stock dividend	1,000	1,000	1,000	-
Net income attributable to common stockholders	17,700	20,500	21,100	-

Basic (in shares)	8,055,262	8,021,182	7,873,989	7,860,572
Basic (in usd per share)	2.19	2.55	2.68	2.72
Diluted (in shares)	8,717,597	8,534,627	8,436,874	8,055,393
Diluted (in usd per share)	2.03	2.4	2.5	2.65