RC Q2 2018 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

Q2 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$44M+18.0% YoY

Gross Profit

$33M76.0% margin

Operating Income

$30M68.3% margin

Net Income

$15M35.0% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$149,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.2B

Stockholders' Equity

$545M

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$37M	+18.0%
Gross Profit	$33M	$20M	+68.9%
Operating Income	$30M	-$11M	+361.0%
Net Income	$15M	$10M	+45.7%