RCD Q3 2022 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q3 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$139M+5.4% YoY

Gross Profit

$139M100.0% margin

Operating Income

$00.0% margin

Net Income

$63M45.5% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+28.5%

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

$63M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$9.9B

Stockholders' Equity

$1.9B

Cash & Equivalents

$208M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$139M	$132M	+5.4%
Gross Profit	$139M	$132M	+5.4%
Operating Income	$0	$0	—
Net Income	$63M	$46M	+38.1%