RCReady Capital Corporation

$302M

Q4 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$41M-13.5% YoY

Gross Profit

$19M47.3% margin

Operating Income

-$16M-38.8% margin

Net Income

$12M29.6% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$104M

Free Cash Flow

$104M

Stock-Based Comp.

$582,000

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$2.0B

Stockholders' Equity

$536M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$47M	-13.5%
Gross Profit	$19M	-$6M	+409.4%
Operating Income	-$16M	$40M	-139.6%
Net Income	$12M	$24M	-49.7%

RC Q4 2017 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena