RC FY 2017 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

FY 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$153M+22.3% YoY

Gross Profit

$76M49.6% margin

Operating Income

-$52M-33.9% margin

Net Income

$43M28.3% margin

EPS (Diluted)

$1.38

Cash Flow

Operating Cash Flow

$352M

Free Cash Flow

$352M

Stock-Based Comp.

$290,000

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$2.0B

Stockholders' Equity

$536M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$125M	+22.3%
Gross Profit	$76M	$59M	+27.7%
Operating Income	-$52M	-$303,000	-17005.0%
Net Income	$43M	$49M	-12.0%