RCB Q4 2022 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q4 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$260M+89.8% YoY

Gross Profit

$238M91.9% margin

Operating Income

-$487M-187.8% margin

Net Income

-$195M-75.0% margin

EPS (Diluted)

$-1.61

QoQ Revenue Growth

+230.5%

Cash Flow

Operating Cash Flow

$3.3B

Free Cash Flow

$3.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$9.7B

Stockholders' Equity

$1.8B

Cash & Equivalents

$219M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$260M	$137M	+89.8%
Gross Profit	$238M	$137M	+74.4%
Operating Income	-$487M	$104M	-569.2%
Net Income	-$195M	$53M	-465.7%