RCD Q4 2022 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q4 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$95M-21.4% YoY

Gross Profit

$95M100.0% margin

Operating Income

$00.0% margin

Net Income

$11M12.0% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-31.3%

Cash Flow

Operating Cash Flow

$217M

Free Cash Flow

$217M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$9.7B

Stockholders' Equity

$1.8B

Cash & Equivalents

$163M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$95M	$121M	-21.4%
Gross Profit	$95M	$121M	-21.4%
Operating Income	$0	$0	—
Net Income	$11M	$53M	-78.5%