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BALCAO · REAL ESTATE INVESTMENT TRUSTS · SMALL CAP

Bimini Capital Management, Inc. BMNM

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$23.7M
▲ 21.9% YoY
$5.8M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Bimini Capital Management, Inc., a Maryland corporation (“Bimini Capital” and, collectively with its subsidiaries, the “Company,” “we”, “us” or “our”) is a specialty finance company that operates in two business segments: (i) investing in mortgage-backed securities (“MBS”) and Orchid Island Capital, Inc. (“Orchid”) common stock in our own portfolio, (ii) and serving as the external manager of Orchid which also invests in MBS. The asset management segment includes the arrangement by which the Company, through Bimini Advisors, LLC, an investment advisor registered with the SEC, serves as the external manager of Orchid. On January 13, 2026, the Company announced that Holdings has entered into an agreement to purchase eighty percent (80%) of the fully diluted equity interests of Tom Johnson Investment Management, LLC (“TJIM”), a privately held registered investment adviser. As of December 31, 2025, we had 10 full-time salaried employees, none of whom are subject to a collective bargaining agreement. Our net income depends on our ability to acquire Agency MBS for our portfolio at favorable spreads over our borrowing costs.

Written from the business description in Bimini Capital Management, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 March 2026. Every sentence was checked against that document before publication.

Growth

USD 23.7M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 23.7 · Net income 5.8
10M20M-10M-20M
201020132016201920222025
Compound annual growth
+13.6%
+14.0%
−40.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +14.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

24 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 19.0% · Net 24.5%
50%-50%-100%-150%
201020172025
ROE
FY2025 · ROE 59.7%
50%100%150%-50%
201020172025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 60 cents of profit this year.

Cash & shareholders

USD 0.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF 1.7
4M8M-2M-3M
201020172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 0.0
2M3M
2010201220182020202220242025

Total assetsUSD 129.7M
EquityUSD 12.6M
CashUSD 12.7M
Gross debtUSD 27.3M
Net debtUSD 14.6M

Net debt stands at 116% of equity.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
BMNM, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.0◌◌◌◌◌◌
Operating income $B0.00.00.0−0.0−0.0−0.0◌◌◌◌◌◌◌◌◌◌
EBITDA $B0.00.00.0−0.0−0.0−0.0◌◌◌◌◌◌◌◌◌◌
Income tax $B−0.00.00.00.0−0.0−0.0−0.00.00.00.0−0.1−0.0−0.00.00.0−0.0
Net income $B0.0−0.0−0.0−0.00.0−0.00.0−0.0−0.00.00.10.0−0.0−0.0−0.0−0.0
Free cash flow $B◌◌0.00.00.0◌◌◌◌◌0.00.00.0−0.0−0.0−0.0
EPS, diluted $◌◌◌◌0.02−0.471.09−2.10−1.300.274.770.63−0.21−0.20◌◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %—————————————−0◌◌
ROE %59.7−17.5−39.3−87.90.8◌◌◌◌◌152.4141.5−88.6−45.7◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Five checks were skipped: EPS is not tagged before 2012. Three checks were skipped: the balance sheet is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityReal Estate Investment Trusts
Listed onOTC market
Incorporated inMaryland
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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