RC Q3 2018 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$302M

Q3 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$43M+11.6% YoY

Gross Profit

$31M71.0% margin

Operating Income

$32M73.7% margin

Net Income

$17M38.9% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$77M

Stock-Based Comp.

$200,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.3B

Stockholders' Equity

$550M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$39M	+11.6%
Gross Profit	$31M	$18M	+66.7%
Operating Income	$32M	-$15M	+312.1%
Net Income	$17M	$12M	+42.6%