RCB Q2 2020 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q2 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$145M+187.5% YoY

Gross Profit

$145M100.0% margin

Operating Income

$106M73.3% margin

Net Income

$34M23.3% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+949.1%

Cash Flow

Operating Cash Flow

$148M

Free Cash Flow

$148M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.6B

Stockholders' Equity

$795M

Cash & Equivalents

$257M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$145M	$51M	+187.5%
Gross Profit	$145M	$42M	+242.2%
Operating Income	$106M	$8M	+1176.4%
Net Income	$34M	$11M	+210.9%