RCB Q1 2019 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q1 2019 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$40M-31.2% YoY

Gross Profit

$33M83.0% margin

Operating Income

$3M6.5% margin

Net Income

$29M73.0% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$1M

Stock-Based Comp.

$733,000

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$2.5B

Stockholders' Equity

$741M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$59M	-31.2%
Gross Profit	$33M	$51M	-33.9%
Operating Income	$3M	$21M	-87.8%
Net Income	$29M	$18M	+65.1%