Financials in USD. Standardized financial statements.
A compact view of how Ready Capital Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $499.47M | $27.35M | $389.94M | $383.33M | $296.34M | $384.65M | $197.87M | $158.26M | $152.82M | $124.94M |
| Revenue Growth? | +1726.0% | -93.0% | +1.7% | +29.4% | -23.0% | +94.4% | +25.0% | +3.6% | +22.3% | 0.0% |
| Cost of Revenue? | $61.61M | $0 | $0 | $0 | $0 | $0 | $0 | $28.75M | $77.01M | $65.59M |
| Gross Profit? | $437.87M | $27.35M | $389.94M | $383.33M | $296.34M | $384.65M | $197.87M | $129.52M | $75.81M | $59.35M |
| Gross Margin? | +87.7% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +81.8% | +49.6% | +47.5% |
| Operating Expenses? | $316.91M | $27.35M | $389.94M | $383.33M | $296.34M | $384.65M | $197.87M | $121.49M | $86.19M | $71.73M |
| Operating Income? | $120.96M | $0 | $0 | $0 | $0 | $0 | $0 | -$121.49M | -$51.83M | -$303,000 |
| EBITDA? | $214.38M | $0 | $0 | $0 | $0 | $0 | $0 | $128.82M | $0 | $55.56M |
| Income Before Tax | -$302.56M | -$516.51M | $358.42M | $175.03M | $132.16M | $54.45M | $64.50M | $62.84M | $47.65M | $65.22M |
| Income Tax Expense | -$86.70M | -$104.51M | $7.17M | $15.47M | $14.86M | $8.38M | -$10.55M | $1.39M | $1.84M | $9.65M |
| Net Income? | -$228.91M | -$435.75M | $339.45M | $194.26M | $157.74M | $44.87M | $72.97M | $59.26M | $43.29M | $49.17M |
| EPS? | $-1.44 | $-2.63 | $2.26 | $1.32 | $2.17 | $0.81 | $1.72 | $1.85 | $1.38 | $1.85 |
| Diluted EPS? | $-1.44 | $-2.63 | $2.23 | $1.51 | $1.54 | $0.81 | $1.72 | $1.85 | $1.38 | $1.85 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality