RCB Q3 2024 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q3 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$178M-42.3% YoY

Gross Profit

$145M81.9% margin

Operating Income

-$7M-4.2% margin

Net Income

-$12M-6.5% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+6936.1%

Cash Flow

Operating Cash Flow

-$351,999

Free Cash Flow

-$352,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$8.9B

Stockholders' Equity

$2.2B

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$178M	$308M	-42.3%
Gross Profit	$145M	$122M	+19.7%
Operating Income	-$7M	$81M	-109.2%
Net Income	-$12M	$45M	-125.5%