RCB Q2 2018 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q2 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$59M+64.3% YoY

Gross Profit

$50M84.8% margin

Operating Income

$17M28.3% margin

Net Income

$15M26.1% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-0.0%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$10M

Stock-Based Comp.

$149,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.2B

Stockholders' Equity

$545M

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$36M	+64.3%
Gross Profit	$50M	$29M	+68.7%
Operating Income	$17M	$7M	+140.0%
Net Income	$15M	$10M	+45.4%