RCB FY 2017 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

FY 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$280M+58.3% YoY

Gross Profit

$208M74.2% margin

Operating Income

$5M1.7% margin

Net Income

$48M17.0% margin

EPS (Diluted)

$1.49

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$20M

Stock-Based Comp.

$290,000

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$3,000

Stockholders' Equity

$2.5B

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$280M	$177M	+58.3%
Gross Profit	$208M	$155M	+34.5%
Operating Income	$5M	$6M	-18.0%
Net Income	$48M	$65M	-26.9%