RCB Q2 2019 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q2 2019 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$51M-13.6% YoY

Gross Profit

$42M84.0% margin

Operating Income

$8M16.5% margin

Net Income

$11M21.6% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+25.5%

Cash Flow

Operating Cash Flow

-$59M

Free Cash Flow

-$59M

Stock-Based Comp.

$267,000

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$3.1B

Stockholders' Equity

$728M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$59M	-13.6%
Gross Profit	$42M	$50M	-14.4%
Operating Income	$8M	$17M	-49.6%
Net Income	$11M	$15M	-28.6%