RC FY 2013 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$306M

FY 2013 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$16M-33.5% YoY

Gross Profit

$9M56.4% margin

Operating Income

$10M59.8% margin

Net Income

$7M41.1% margin

EPS (Diluted)

$0.23

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$620M

Total Liabilities

$442M

Stockholders' Equity

$159M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$24M	-33.5%
Gross Profit	$9M	$23M	-60.3%
Operating Income	$10M	$4M	+153.8%
Net Income	$7M	$20M	-66.5%