RCB Q1 2023 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q1 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$44M-49.8% YoY

Gross Profit

$58M132.5% margin

Operating Income

-$128M-289.4% margin

Net Income

$38M85.6% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-83.0%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$9.6B

Stockholders' Equity

$1.8B

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$88M	-49.8%
Gross Profit	$58M	$75M	-22.3%
Operating Income	-$128M	$148M	-186.0%
Net Income	$38M	$67M	-43.4%