RCD FY 2024 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

FY 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$27M-93.0% YoY

Gross Profit

$27M100.0% margin

Operating Income

$00.0% margin

Net Income

-$436M-1593.0% margin

EPS (Diluted)

$-2.63

Cash Flow

Operating Cash Flow

-$51M

Free Cash Flow

-$51M

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	$27M	$390M	-93.0%
Gross Profit	$27M	$390M	-93.0%
Operating Income	$0	$0	—
Net Income	-$436M	$339M	-228.4%