RC Q4 2021 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCReady Capital Corporation

$316M

Q4 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$121M+74.2% YoY

Gross Profit

$121M100.0% margin

Operating Income

$00.0% margin

Net Income

$53M43.8% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$35M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$9.5B

Total Liabilities

$8.3B

Stockholders' Equity

$1.3B

Cash & Equivalents

$230M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$121M	$70M	+74.2%
Gross Profit	$121M	$36M	+237.7%
Operating Income	$0	$27M	-100.0%
Net Income	$53M	$27M	+97.8%