RCB Q1 2018 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q1 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$59M+69.6% YoY

Gross Profit

$51M86.3% margin

Operating Income

$21M36.3% margin

Net Income

$18M30.4% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-44.0%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$48M

Stock-Based Comp.

$151,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.1B

Stockholders' Equity

$542M

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$35M	+69.6%
Gross Profit	$51M	$22M	+129.6%
Operating Income	$21M	$8M	+172.0%
Net Income	$18M	$9M	+101.0%