RCC Q1 2018 Earnings — Ready Capital Corporation 5.75% Revenue & Financial Results | Market Cap Arena

RCCReady Capital Corporation 5.75%

$4B

Q1 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$45M+5.0% YoY

Gross Profit

$45M99.6% margin

Operating Income

$29M63.2% margin

Net Income

$18M39.4% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$48M

Stock-Based Comp.

$151,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.1B

Stockholders' Equity

$542M

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$45M	$43M	+5.0%
Gross Profit	$45M	$25M	+77.8%
Operating Income	$29M	-$16M	+273.6%
Net Income	$18M	$9M	+100.9%