RCB Q1 2021 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q1 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$116M+735.2% YoY

Gross Profit

$116M100.0% margin

Operating Income

$83M71.4% margin

Net Income

$28M24.5% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

-$58M

Free Cash Flow

-$58M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$6.8B

Stockholders' Equity

$1.2B

Cash & Equivalents

$371M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$116M	$14M	+735.2%
Gross Profit	$116M	$14M	+735.2%
Operating Income	$83M	-$14M	+708.1%
Net Income	$28M	-$50M	+156.1%