RCD Q2 2020 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q2 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$130M+281.1% YoY

Gross Profit

$130M100.0% margin

Operating Income

$00.0% margin

Net Income

$34M26.1% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+465.2%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$77M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.6B

Stockholders' Equity

$795M

Cash & Equivalents

$257M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$130M	$34M	+281.1%
Gross Profit	$130M	$16M	+711.3%
Operating Income	$0	$8M	-100.0%
Net Income	$34M	$11M	+208.6%