RC Q4 2020 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$316M

Q4 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$70M+9.0% YoY

Gross Profit

$36M51.6% margin

Operating Income

$27M38.6% margin

Net Income

$27M38.6% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

-39.3%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$69M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$4.5B

Stockholders' Equity

$815M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$64M	+9.0%
Gross Profit	$36M	$64M	-43.8%
Operating Income	$27M	$0	—
Net Income	$27M	$20M	+31.7%