RCD Q3 2019 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q3 2019 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$37M-14.5% YoY

Gross Profit

$15M40.2% margin

Operating Income

$9M25.5% margin

Net Income

$12M32.6% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$100,000

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.4B

Stockholders' Equity

$720M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$43M	-14.5%
Gross Profit	$15M	$31M	-51.6%
Operating Income	$9M	$32M	-70.4%
Net Income	$12M	$17M	-28.3%