Ellsworth Growth and Income Fund Ltd. (ECF) Income Statement
ECF FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsECF revenue and net income
Where ECF's revenue goes
FY2025Each bar shows an amount and its share of revenue. ECF kept 326.8% of revenue as net income.
ECF profit margins
ECF growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −43.7% | — | −16.0% | — |
| Gross profit | −49.7% | — | −17.9% | — |
| Operating income | +89.1% | — | +6.8% | — |
| Net income | +89.1% | — | +6.8% | — |
| EPS (diluted) | +420.7% | — | +2.4% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ECF quarterly EPS vs estimates
Ellsworth Growth and Income Fund beat the analyst EPS estimate in 7 of the last 8 quarters.
ECF income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.9M | $26.4M | $6.9M | $0 | $38.9M | $35.7M | $13.2M | $19.8M | $14.7M | $12.9M |
| Cost of revenue | $1.6M | $434 | $1.6M | $1.7M | $1.7M | $1.4M | $1.3M | $1.3M | $1.1M | $1.0M |
| Gross profit | $13.3M | $26.4M | $6.9M | −$50.2M | $38.9M | $35.7M | $13.2M | $19.8M | $14.7M | $12.9M |
| Research & development | — | — | $1 | $6 | $2 | — | $1 | $2 | $2 | $2 |
| Sales, general & admin | $428,730 | $584,122 | $464,874 | $431,387 | $390,001 | $549,139 | $391,081 | $334,565 | $311,040 | $357,132 |
| Total operating expenses | −$35.4M | $707,374 | $608,107 | $546,321 | $488,139 | $651,567 | $503,561 | $439,937 | $410,791 | $422,818 |
| Operating income | $48.7M | $25.7M | $6.3M | −$50.7M | $38.4M | $35.0M | $12.7M | $19.4M | $14.3M | $12.4M |
| Interest income | $3.9M | $4.5M | $4.3M | $1.5M | $1.7M | $32.9M | $10.2M | $17.2M | $11.9M | $9.8M |
| Interest expense | $947 | $434 | $1,365 | $683 | $946 | $224 | $260 | $75 | $0 | $0 |
| Income before taxes | $48.7M | $25.7M | $6.3M | −$50.7M | $38.4M | $35.0M | $12.7M | $19.4M | $14.3M | $12.4M |
| Income taxes | — | — | $6.3M | $1.2M | $1.6M | $35.0M | $2.5M | −$161,141 | $2.4M | $1,061 |
| Net income | $48.7M | $25.7M | $6.3M | −$50.7M | $38.4M | $35.0M | $12.7M | $19.4M | $14.3M | $12.4M |
| EBITDA | $48.7M | $25.7M | $6.3M | −$50.7M | $38.4M | $35.0M | $12.7M | $19.4M | $14.3M | $12.4M |
| EPS (diluted) | $4.27 | $0.82 | $0.46 | −$3.86 | $4.09 | $3.80 | $1.28 | $2.07 | $1.66 | $1.45 |
| Gross margin | 89.3% | 100.0% | 100.0% | — | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 326.8% | 97.3% | 91.2% | — | 98.7% | 98.2% | 96.2% | 97.8% | 97.2% | 96.7% |
| Net margin | 326.8% | 97.3% | 91.2% | — | 98.7% | 98.2% | 96.2% | 97.8% | 97.2% | 96.7% |
| Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Sep '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.7M | $2.3M | $12.6M | $11.4M | $1.8M | $5.9M | $6.4M | $1.3M | $0 | $834,856 | $10.0M | $6.9M |
| Cost of revenue | $878,131 | $808,885 | $784,092 | $778,630 | $743,087 | $812,312 | $807,335 | $0 | $836,616 | $0 | $859,240 | $922,080 |
| Gross profit | $21.9M | $1.5M | $11.8M | $10.6M | $1.0M | $5.1M | $5.6M | $1.3M | −$2.9M | $834,856 | $9.2M | $6.0M |
| Sales, general & admin | — | — | — | — | — | — | $441,718 | $461,355 | $466,492 | $466,492 | $479,235 | $496,741 |
| Total operating expenses | $20.6M | −$40.3M | $4.9M | −$1.5M | −$12.6M | $8.7M | −$4.3M | $3.7M | $18.3M | $18.3M | $8.6M | $3.6M |
| Operating income | $1.2M | $41.8M | $6.9M | $12.1M | $13.6M | −$3.6M | $9.9M | $809,528 | −$34.9M | $368,364 | −$15.8M | $9.0M |
| Interest income | — | — | — | — | — | — | — | — | — | — | $16.3M | $8.2M |
| Interest expense | $243 | — | — | — | — | — | — | — | — | — | — | — |
| Income before taxes | $1.2M | $41.8M | $6.9M | $12.1M | $13.6M | −$3.6M | $9.9M | $5.0M | −$34.9M | −$17.5M | −$15.8M | $9.0M |
| Income taxes | — | — | — | — | $13.6M | −$43,812 | $809,528 | $4.2M | $368,364 | −$17.8M | $237,886 | $372,553 |
| Net income | $1.2M | $41.8M | $6.9M | $12.1M | $13.6M | −$3.6M | $9.9M | $4.3M | −$34.9M | −$18.0M | −$15.8M | $9.0M |
| EBITDA | $1.2M | $41.8M | $6.9M | $12.1M | $13.6M | −$3.6M | $9.9M | $3.5M | −$34.9M | −$18.4M | −$15.8M | $9.0M |
| EPS (diluted) | — | $3.02 | $0.43 | $0.82 | $0.00 | $0.00 | $0.00 | $0.00 | −$2.67 | $0.00 | −$1.19 | $0.61 |
| Gross margin | 96.1% | 65.3% | 93.8% | 93.2% | 58.3% | 86.3% | 87.4% | 100.0% | — | 100.0% | 91.4% | 86.7% |
| Operating margin | 5.4% | 1,792.2% | 54.6% | 106.2% | 764.7% | −60.8% | 154.9% | 63.7% | — | 44.1% | −157.8% | 129.6% |
| Net margin | 5.4% | 1,792.2% | 54.6% | 106.2% | 764.7% | −60.8% | 154.9% | 338.6% | — | −2,156.6% | −157.8% | 129.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ECF's financial statements (latest annual report filed September 30, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ECF financial results
In fiscal year 2025 (ended September 30, 2025), Ellsworth Growth and Income Fund reported revenue of $14.9 million, down 43.7% from the year before. It had net income of $48.7 million (up 89.1%), a net profit margin of 326.8%. Diluted earnings per share came to $4.27. Over five years revenue grew at an average rate of −16.0% a year.
See the ECF stock overview for the latest quote and news, or the ECF chart for price history and technical indicators.
ECF income statement FAQ
What is Ellsworth Growth and Income Fund's annual revenue?
Ellsworth Growth and Income Fund reported total revenue of $14.9 million for fiscal year 2025, which ended on September 30, 2025. That was down 43.7% from $26.4 million the previous year.
Is Ellsworth Growth and Income Fund profitable?
Yes. Ellsworth Growth and Income Fund reported net income of $48.7 million in fiscal 2025, a net profit margin of 326.8%; its operating margin was 326.8%.
What is Ellsworth Growth and Income Fund's gross margin?
Ellsworth Growth and Income Fund's gross margin was 89.3% in fiscal 2025: for every $100 of revenue, Ellsworth Growth and Income Fund kept $89 after the direct cost of its products and services.
How fast is Ellsworth Growth and Income Fund growing?
Revenue grew −16.0% a year on average over the last five fiscal years, from $35.7 million to $14.9 million.
What are Ellsworth Growth and Income Fund's earnings per share?
Ellsworth Growth and Income Fund earned $4.27 per diluted share in fiscal 2025, compared with $0.82 a year earlier.
When does Ellsworth Growth and Income Fund's fiscal year end?
Ellsworth Growth and Income Fund's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on September 30, 2025.