image
Ready Capital Corporation RC-PE
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 15.55
-1.02 %
$ 2.65 B
Market Cap
7.02
P/E
INCOME STATEMENT
27.4 M REVENUE
-97.61%
Growth Rates
1Year -97.61%
3Years -58.52%
5Years -28.47%
7Years -21.79%
10Years -5.79%
-412 M OPERATING INCOME
-46.85%
Growth Rates
1Year -46.85%
3Years -47.44%
5Years -50.03%
7Years -34.47%
10Years -54.63%
-430 M NET INCOME
-122.53%
Growth Rates
1Year -122.53%
3Years -54.53%
5Years -46.44%
7Years -39.72%
10Years -31.46%
EFFICIENCY
Earnings Waterfall Ready Capital Corporation
image
Revenue 27.4 M
Cost Of Revenue 0
Gross Profit 27.4 M
Operating Expenses 26.9 M
Operating Income -412 M
Other Expenses 18.4 M
Net Income -430 M
50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)(350m)(350m)(400m)(400m)(450m)(450m)27m027m(27m)(412m)(18m)(430m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income

Income Statement

Millions
Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012
REVENUE
Revenue 27.4 1 145.4 460.2 383.4 270.1 146.1 158.3 152.8 124.9 58.0 49.7 16.3 24.4
GROSS PROFIT
Cost Of Revenue 0 59.6 55.3 58.4 54.4 33.2 28.7 77.0 65.6 18.8 17.3 7.1 1.4
Gross Profit 27.4 1 085.8 404.9 325.0 215.8 113.0 129.5 75.8 59.3 39.1 32.4 9.2 23.1
OPERATING INCOME
Operating Expenses 26.9 34.7 18.1 (196.5) (216.9) 49.0 121.5 86.2 71.7 50.9 14.5 9.6 2.4
Selling, General and Administrative Expenses 26.9 96.3 131.2 118.4 115.6 66.4 70.1 66.9 35.8 30.9 3.8 2.6 0.2
Research and Development Expenses 0 0 9.0 8.0 6.7 4.8 0.205 0.17 0.368 2.4 2.7 0 0
Operating Income (412.0) 879.3 624.8 186.8 53.3 62.4 (121.5) (51.8) (0.3) (31.9) 5.3 9.7 3.8
PRE-TAX INCOME
Interest Income Expense 696.5 716.5 400.8 213.6 175.5 151.9 109.2 74.6 57.8 18.8 17.3 7.1 1.4
Total Other Income (104.5) (520.9) (16.0) 224.0 (212.6) (69.5) (28.0) 1.8 9.7 18 932.0 23.7 (1.1) 0
Pre-Tax Income (516.5) 358.4 232.9 189.1 54.5 64.5 62.8 47.7 65.2 3.0 29.0 7.6 20.3
NET INCOME
Tax Provision (104.5) 7.2 29.7 29.1 8.4 (10.6) 1.4 1.8 9.7 4.4 (0.9) 0.9 0.4
Net Income (435.8) 339.5 194.3 157.7 44.9 73.0 59.3 43.3 49.2 (1.3) 26.7 6.7 19.9
EPS 2.62 2.26 1.65 2.06 0.81 1.72 1.85 1.38 1.85 0.0452 0.96 0.26 0.71