Ready Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	649.16	896.98	945.81	663.22	395.2	258.64
Total Interest Expense	549.19	682.33	713.83	392.36	204.37	175.48
Net Interest Income	99.97	214.64	231.98	270.86	190.83	83.16
Other Revenue	14.93	-106.4	201.83	167.63	155.1	356.63
Revenue Before Loan Losses	114.89	108.24	433.81	438.48	345.93	439.79
Provision for Loan Losses	222.06	292.76	7.23	34.44	8.05	34.73
Revenue	-107.17	-184.52	426.58	404.04	337.88	405.06
Revenue Growth (YoY)	-	-	5.58%	19.58%	-16.59%	77.04%
Salaries & Employee Benefits	102.71	93.91	92.37	84.54	69.12	98.92
Cost of Services Provided	97.71	100.41	103.56	71.22	51.64	177.35
Other Operating Expenses	105.71	83.63	60.77	55.59	70.67	74.28
Total Operating Expenses	306.14	277.95	256.7	211.35	191.44	350.55
Operating Income	-413.3	-462.46	169.88	192.69	146.44	54.52
Currency Exchange Gain (Loss)	0.91	0.91	0.72	-	-	-
EBT Excluding Unusual Items	-412.39	-461.55	170.6	192.69	146.44	54.52
Other Unusual Items	112.56	13.86	207.97	-	-	-
Pretax Income	-353.2	-516.51	358.42	175.03	132.16	54.45
Income Tax Expense	-72.4	-104.51	7.17	15.48	14.86	8.38
Earnings From Continuing Ops.	-280.81	-412	351.25	159.55	117.3	46.07
Earnings From Discontinued Ops.	-22.4	-18.4	-2.83	43.61	42.67	-
Net Income to Company	-303.2	-430.4	348.41	203.16	159.97	46.07
Minority Interest in Earnings	-7.67	-5.36	-8.96	-8.9	-2.23	-1.2
Net Income	-310.87	-435.76	339.45	194.26	157.74	44.87
Preferred Dividends & Other Adjustments	8.9	9.13	9.28	9.56	9.09	1.39
Net Income to Common	-319.77	-444.88	330.17	184.7	148.65	43.48
Net Income Growth	-	-	74.74%	23.15%	251.56%	-38.51%
Shares Outstanding (Basic)	166	169	147	107	69	54
Shares Outstanding (Diluted)	166	169	149	117	69	54
Shares Change (YoY)	-2.57%	13.83%	26.77%	70.69%	27.58%	27.99%
EPS (Basic)	-1.93	-2.63	2.25	1.73	2.17	0.81
EPS (Diluted)	-1.93	-2.63	2.23	1.66	2.17	0.81
EPS Growth	-	-	34.48%	-23.55%	167.58%	-52.96%
Dividend Per Share	0.625	1.100	1.460	1.660	1.660	1.300
Dividend Growth	-45.65%	-24.66%	-12.05%	-	27.69%	-18.75%
Operating Margin	-	-	39.82%	47.69%	43.34%	13.46%
Profit Margin	-	-	77.40%	45.71%	44.00%	10.73%
Effective Tax Rate	-	-	2.00%	8.84%	11.24%	15.40%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.