Real Estate -
REIT - Mortgage - NYSE - US
$ 5.02
1.01 %
$ 863 M
Market Cap
-1.99
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Ready Capital Corporation
| Revenue | -102 M |
| Cost Of Revenue | 0 |
| Gross Profit | -102 M |
| Operating Expenses | 27.4 M |
| Operating Income | -412 M |
| Other Expenses | 18.4 M |
| Net Income | -430 M |
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 | (101.8) | 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 | (101.8) | 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 | 27.4 | 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 | (443.8) | 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 |