Ready Capital Corporation (RC)

Ready Capital Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-430.4	348.41	203.16	4.64	-
Provision for Credit Losses	294.88	16.22	37.8	8.22	15.96
Stock-Based Compensation	8.12	7.55	7.5	-23.13	5.3
Net Change in Loans Held-for-Sale	326.04	18.06	192.09	-	75.93
Other Adjustments	203.77	-247.25	-78.63	-23.39	-157.23
Changes in Accrued Interest and Accounts Receivable	1.95	-21.31	14.11	-6.33	14.18
Changes in Accounts Payable	-22.21	13.98	-67.5	-2.33	4.54
Changes in Other Operating Activities	-125.73	-87.36	94.24	-32.09	22.75
Operating Cash Flow	274.82	51.13	359.15	-133.64	68.89
Operating Cash Flow Growth	437.48%	-85.76%	-	-	-
Net Change in Loans Held-for-Investment	1,448	935.85	-1,767	-1,053	-3,693
Net Change in Securities and Investments	65.83	73.46	79.21	2,068	15.2
Payments for Business Acquisitions	-44.37	38.71	123.57	-1,720	-
Other Investing Activities	65.86	-28.57	7.92	-1,702	-23.76
Investing Cash Flow	1,535	1,019	-1,556	-1,718	-59.44
Short-Term Debt Issued	-	-	-	2,290	3,222
Short-Term Debt Repaid	-17.17	-164.98	-740.49	-1,401	-195.22
Net Short-Term Debt Issued (Repaid)	-17.17	-164.98	-740.49	888.83	3,027
Long-Term Debt Issued	2,320	5,248	10,378	9,650	7,261
Long-Term Debt Repaid	-3,841	-5,938	-8,199	-5,807	-6,577
Net Long-Term Debt Issued (Repaid)	-1,520	-690.08	2,179	3,844	683.19
Issuance of Common Stock	-	0.11	123.49	185.95	1.12
Repurchase of Common Stock	-83.49	-22.06	-42.79	-1.29	-1.4
Net Common Stock Issued (Repurchased)	-83.49	-21.95	80.7	184.66	-0.28
Repurchase of Preferred Stock	-	-	-	-40.24	-9.27
Net Preferred Stock Issued (Repurchased)	-	-	-	-40.24	-9.27
Common Dividends Paid	-206.06	-215.09	-187.83	-	-56.89
Other Financing Activities	-52.83	7	-160.45	38.95	13.11
Financing Cash Flow	-1,880	-1,085	1,171	2,021	63.05
Net Cash Flow	-79.73	-11.1	-2.63	169.32	72.5
Beginning Cash & Cash Equivalents	262.51	273.6	276.23	550.78	127.98
Ending Cash & Cash Equivalents	182.77	262.51	273.6	720.1	200.48
Free Cash Flow	274.82	51.13	359.15	-133.64	68.89
Free Cash Flow Growth	437.48%	-85.76%	-	-	-
FCF Margin	-140.12%	8.23%	92.56%	-54.17%	17.14%
Free Cash Flow Per Share	1.61	0.34	3.06	-1.95	1.28
Levered Free Cash Flow	-2,127	-618.3	1,666	4,842	3,796
Unlevered Free Cash Flow	-145.99	-94.7	40.84	-40.75	41.47

Updated May 9, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q