RC Q2 2017 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

Q2 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$37M+74.6% YoY

Gross Profit

$20M53.1% margin

Operating Income

-$11M-30.9% margin

Net Income

$10M28.3% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

-13.7%

Cash Flow

Operating Cash Flow

$204M

Free Cash Flow

$204M

Stock-Based Comp.

$100,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.9B

Stockholders' Equity

$533M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$21M	+74.6%
Gross Profit	$20M	$17M	+15.0%
Operating Income	-$11M	-$15M	+23.9%
Net Income	$10M	-$1M	+1111.2%