RC FY 2023 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$316M

FY 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$390M+1.7% YoY

Gross Profit

$390M100.0% margin

Operating Income

$00.0% margin

Net Income

$339M87.1% margin

EPS (Diluted)

$2.23

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$33M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.4B

Total Liabilities

$9.8B

Stockholders' Equity

$2.5B

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$390M	$383M	+1.7%
Gross Profit	$390M	$383M	+1.7%
Operating Income	$0	$0	—
Net Income	$339M	$194M	+74.7%