RCB Q3 2021 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q3 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$88M-33.7% YoY

Gross Profit

$76M85.4% margin

Operating Income

$69M77.6% margin

Net Income

$44M49.5% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+16.6%

Cash Flow

Operating Cash Flow

-$62M

Free Cash Flow

-$62M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$8.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$262M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88M	$134M	-33.7%
Gross Profit	$76M	$134M	-43.4%
Operating Income	$69M	$94M	-26.7%
Net Income	$44M	$35M	+26.7%