RCB Q3 2020 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q3 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$134M+119.0% YoY

Gross Profit

$134M100.0% margin

Operating Income

$94M70.1% margin

Net Income

$35M25.9% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-8.1%

Cash Flow

Operating Cash Flow

-$48M

Free Cash Flow

-$48M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$4.5B

Stockholders' Equity

$805M

Cash & Equivalents

$164M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$134M	$61M	+119.0%
Gross Profit	$134M	$53M	+152.8%
Operating Income	$94M	$10M	+837.7%
Net Income	$35M	$12M	+187.4%