RCB Q3 2018 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q3 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$59M+71.2% YoY

Gross Profit

$52M88.8% margin

Operating Income

$19M31.7% margin

Net Income

$17M28.8% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$77M

Stock-Based Comp.

$200,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.3B

Stockholders' Equity

$550M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$34M	+71.2%
Gross Profit	$52M	$27M	+94.4%
Operating Income	$19M	$4M	+410.4%
Net Income	$17M	$12M	+42.7%