RC FY 2018 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

FY 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$158M+3.6% YoY

Gross Profit

$130M81.8% margin

Operating Income

-$121M-76.8% margin

Net Income

$59M37.4% margin

EPS (Diluted)

$1.85

Cash Flow

Operating Cash Flow

$140M

Free Cash Flow

$140M

Stock-Based Comp.

$447,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.5B

Stockholders' Equity

$545M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$153M	+3.6%
Gross Profit	$130M	$76M	+70.8%
Operating Income	-$121M	-$52M	-134.4%
Net Income	$59M	$43M	+36.9%