RCB Q3 2019 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q3 2019 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$61M+4.1% YoY

Gross Profit

$53M86.6% margin

Operating Income

$10M16.4% margin

Net Income

$12M19.7% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+20.7%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$100,000

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.4B

Stockholders' Equity

$720M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$59M	+4.1%
Gross Profit	$53M	$52M	+1.5%
Operating Income	$10M	$19M	-46.2%
Net Income	$12M	$17M	-28.8%