RCC Q3 2017 Earnings — Ready Capital Corporation 5.75% Revenue & Financial Results | Market Cap Arena

RCCReady Capital Corporation 5.75%

$4B

Q3 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$39M+76.5% YoY

Gross Profit

$18M47.5% margin

Operating Income

-$15M-38.8% margin

Net Income

$12M30.5% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$20M

Stock-Based Comp.

$100,000

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.9B

Stockholders' Equity

$536M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$22M	+76.5%
Gross Profit	$18M	$19M	-2.3%
Operating Income	-$15M	-$15M	-1.2%
Net Income	$12M	$4M	+188.1%