RC FY 2016 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

FY 2016 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$125M+115.5% YoY

Gross Profit

$59M47.5% margin

Operating Income

-$303,000-0.2% margin

Net Income

$49M39.4% margin

EPS (Diluted)

$1.85

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$81M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.1B

Stockholders' Equity

$513M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$58M	+115.5%
Gross Profit	$59M	$39M	+51.7%
Operating Income	-$303,000	-$32M	+99.1%
Net Income	$49M	-$1M	+4000.1%