Ready Capital Corporation (RC)

Ready Capital Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	630.58	391.37	315.77	383.19	248.98
Revenue Growth (YoY)	61.12%	23.94%	-17.59%	53.90%	20.58%
Gross Profit	630.58	391.37	315.77	383.19	248.98
Selling, General & Admin	152.21	121.14	93.44	122.96	73.72
Other Operating Expenses	119.96	95.21	90.17	205.77	110.75
Operating Expenses	272.17	216.34	183.61	328.73	184.48
Operating Income	358.42	175.03	132.16	54.45	64.5
Other Expense / Income	20.74	-40.97	-47.16	1.2	2.09
Pretax Income	337.68	216	179.32	53.25	62.42
Income Tax	6.23	29.73	29.08	8.38	-10.55
Net Income	331.45	186.27	150.24	44.87	72.97
Preferred Dividends	8	8	7.5	0	0
Net Income Common	323.46	178.27	142.74	44.87	72.97
Net Income Growth	81.44%	24.89%	218.11%	-38.51%	23.14%
Shares Outstanding (Basic)	147	107	69	54	42
Shares Outstanding (Diluted)	149	117	69	54	42
Shares Change	26.77%	70.69%	27.58%	27.99%	30.98%
EPS (Basic)	2.25	1.73	2.17	0.81	1.72
EPS (Diluted)	2.22	1.65	2.16	0.81	1.72
EPS Growth	34.55%	-23.61%	166.67%	-52.91%	-6.52%
Free Cash Flow	51.13	359.15	-34.44	68.89	-52.4
Free Cash Flow Per Share	0.35	3.36	-0.50	1.28	-1.25
Dividend Per Share	1.460	1.660	1.660	1.300	1.600
Dividend Growth	-12.05%	0%	27.69%	-18.75%	1.91%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	56.84%	44.72%	41.85%	14.21%	25.91%
Profit Margin	51.29%	45.55%	45.20%	11.71%	29.31%
Free Cash Flow Margin	8.11%	91.77%	-10.91%	17.98%	-21.04%
Effective Tax Rate	1.84%	13.77%	16.22%	15.74%	-16.91%
EBITDA	337.68	216	179.32	53.25	62.42
EBITDA Margin	53.55%	55.19%	56.79%	13.90%	25.07%
EBIT	337.68	216	179.32	53.25	62.42
EBIT Margin	53.55%	55.19%	56.79%	13.90%	25.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).