RC FY 2019 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

FY 2019 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$198M+25.0% YoY

Gross Profit

$198M100.0% margin

Operating Income

$00.0% margin

Net Income

$73M36.9% margin

EPS (Diluted)

$1.72

Cash Flow

Operating Cash Flow

-$52M

Free Cash Flow

-$53M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$4.1B

Stockholders' Equity

$825M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$198M	$158M	+25.0%
Gross Profit	$198M	$130M	+52.8%
Operating Income	$0	-$121M	+100.0%
Net Income	$73M	$59M	+23.1%