RCD Q1 2022 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q1 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$133M+24.7% YoY

Gross Profit

$133M100.0% margin

Operating Income

$00.0% margin

Net Income

$63M47.9% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+9.1%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$15M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$9.5B

Stockholders' Equity

$1.9B

Cash & Equivalents

$213M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$133M	$106M	+24.7%
Gross Profit	$133M	$106M	+24.7%
Operating Income	$0	$0	—
Net Income	$63M	$28M	+124.4%