RCB Q2 2021 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q2 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$76M-47.8% YoY

Gross Profit

$59M77.3% margin

Operating Income

$56M73.6% margin

Net Income

$27M35.9% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-34.4%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$18M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$7.7B

Stockholders' Equity

$1.3B

Cash & Equivalents

$258M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$145M	-47.8%
Gross Profit	$59M	$145M	-59.6%
Operating Income	$56M	$106M	-47.6%
Net Income	$27M	$34M	-19.5%