RCB FY 2024 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

FY 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$907M+112.6% YoY

Gross Profit

$799M88.1% margin

Operating Income

-$412M-45.4% margin

Net Income

-$444M-48.9% margin

EPS (Diluted)

$-2.60

Cash Flow

Operating Cash Flow

-$51M

Free Cash Flow

-$51M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$8.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$907M	$427M	+112.6%
Gross Profit	$799M	$1.1B	-23.9%
Operating Income	-$412M	$879M	-146.9%
Net Income	-$444M	$339M	-230.7%