RCB Q4 2024 Earnings — Ready Capital Corporation Revenue & Financial Results | Market Cap Arena

RCBReady Capital Corporation

$60B

Q4 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$211M-34.3% YoY

Gross Profit

-$502M-238.0% margin

Operating Income

-$450M-213.2% margin

Net Income

-$157M-74.5% margin

EPS (Diluted)

$1.69

QoQ Revenue Growth

+18.7%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$26M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$8.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$211M	$321M	-34.3%
Gross Profit	-$502M	$297M	-268.9%
Operating Income	-$450M	$232M	-294.0%
Net Income	-$157M	$10M	-1744.9%