RC Q2 2022 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$316M

Q2 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$108M-4.6% YoY

Gross Profit

$108M100.0% margin

Operating Income

$00.0% margin

Net Income

$56M51.9% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-18.4%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$64M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$10.0B

Stockholders' Equity

$1.9B

Cash & Equivalents

$132M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$108M	$113M	-4.6%
Gross Profit	$108M	$113M	-4.6%
Operating Income	$0	$0	—
Net Income	$56M	$30M	+84.1%