RCD Q3 2021 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q3 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$132M+14.7% YoY

Gross Profit

$132M100.0% margin

Operating Income

$00.0% margin

Net Income

$46M34.7% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+16.3%

Cash Flow

Operating Cash Flow

-$102M

Free Cash Flow

-$102M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$8.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$210M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$115M	+14.7%
Gross Profit	$132M	$115M	+14.7%
Operating Income	$0	$0	—
Net Income	$46M	$35M	+32.5%