RCReady Capital Corporation

$316M

Q3 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$102M-26.6% YoY

Gross Profit

$102M100.0% margin

Operating Income

$00.0% margin

Net Income

$46M44.8% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$44M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$10.1B

Stockholders' Equity

$2.6B

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$102M	$139M	-26.6%
Gross Profit	$102M	$139M	-26.6%
Operating Income	$0	$0	—
Net Income	$46M	$63M	-27.8%

RC Q3 2023 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena