RCD Q3 2020 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q3 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$115M+209.9% YoY

Gross Profit

$115M100.0% margin

Operating Income

$00.0% margin

Net Income

$35M30.1% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-11.5%

Cash Flow

Operating Cash Flow

-$48M

Free Cash Flow

-$48M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$4.5B

Stockholders' Equity

$805M

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$37M	+209.9%
Gross Profit	$115M	$15M	+671.2%
Operating Income	$0	$9M	-100.0%
Net Income	$35M	$12M	+185.5%