RCB Q1 2017 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q1 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$35M+56.4% YoY

Gross Profit

$22M63.8% margin

Operating Income

$8M22.6% margin

Net Income

$9M25.7% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$15M

Stock-Based Comp.

$363,000

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$2.0B

Stockholders' Equity

$511M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$22M	+56.4%
Gross Profit	$22M	$8.7B	-99.7%
Operating Income	$8M	$9M	-10.0%
Net Income	$9M	$9M	+1.4%