RCD Q4 2018 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q4 2018 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$27M-34.5% YoY

Gross Profit

$18M69.0% margin

Operating Income

$38M143.6% margin

Net Income

$9M34.0% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-38.2%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$7M

Stock-Based Comp.

$447,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.5B

Stockholders' Equity

$545M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$41M	-34.5%
Gross Profit	$18M	$19M	-4.5%
Operating Income	$38M	-$16M	+342.5%
Net Income	$9M	$12M	-24.6%