RCB Q1 2020 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q1 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$14M-65.6% YoY

Gross Profit

$14M100.0% margin

Operating Income

-$14M-98.1% margin

Net Income

-$50M-364.4% margin

EPS (Diluted)

$-0.98

QoQ Revenue Growth

-82.1%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$12M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$4.5B

Stockholders' Equity

$758M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$40M	-65.6%
Gross Profit	$14M	$33M	-58.6%
Operating Income	-$14M	$3M	-622.9%
Net Income	-$50M	$29M	-271.7%