RCB Q2 2017 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q2 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$36M+59.7% YoY

Gross Profit

$29M82.6% margin

Operating Income

$7M19.4% margin

Net Income

$10M29.4% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$211M

Free Cash Flow

$211M

Stock-Based Comp.

$100,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.9B

Stockholders' Equity

$533M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$22M	+59.7%
Gross Profit	$29M	$5.2B	-99.4%
Operating Income	$7M	$5M	+27.3%
Net Income	$10M	$8M	+31.9%