RCD Q4 2024 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q4 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$58M-3.3% YoY

Gross Profit

$58M100.0% margin

Operating Income

$00.0% margin

Net Income

-$316M-542.8% margin

EPS (Diluted)

$-1.89

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$26M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$8.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$60M	-3.3%
Gross Profit	$58M	$60M	-3.3%
Operating Income	$0	$0	—
Net Income	-$316M	$10M	-3338.1%