RC Q1 2021 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$316M

Q1 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$106M+362.4% YoY

Gross Profit

$106M100.0% margin

Operating Income

$00.0% margin

Net Income

$28M26.6% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+52.5%

Cash Flow

Operating Cash Flow

-$58M

Free Cash Flow

-$58M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$6.8B

Stockholders' Equity

$1.2B

Cash & Equivalents

$308M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$23M	+362.4%
Gross Profit	$106M	-$3M	+4010.2%
Operating Income	$0	-$58M	+100.0%
Net Income	$28M	-$50M	+156.1%