RC
Income statement / Annual
Last year (2023), Ready Capital Corporation's total revenue was $429.31 M,
a decrease of 6.72% from the previous year.
In 2023, Ready Capital Corporation's net income was $339.45 M.
See Ready Capital Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$429.31 M
|
$460.25 M
|
$383.37 M
|
$270.14 M
|
$146.11 M
|
$158.26 M
|
$152.82 M
|
$124.94 M
|
$57.98 M
|
$49.68 M
|
| Cost of Revenue |
$40.81 M |
$55.30 M |
$58.40 M |
$54.37 M |
$33.16 M |
$28.75 M |
$77.01 M |
$65.59 M |
$18.85 M |
$17.26 M |
| Gross Profit |
$388.50 M |
$404.95 M |
$324.97 M |
$215.77 M |
$112.95 M |
$129.52 M |
$75.81 M |
$59.35 M |
$39.13 M |
$32.42 M |
| Gross Profit Ratio |
0.9 |
0.88 |
0.85 |
0.8 |
0.77 |
0.82 |
0.5 |
0.48 |
0.67 |
0.65 |
| Research and Development
Expenses |
$7.43 M
|
$9.00 M
|
$7.97 M
|
$6.72 M
|
$4.83 M
|
$0.20
|
$0.17
|
$0.37
|
$2.41 M
|
$2.74 M
|
| General & Administrative
Expenses |
$92.37 M
|
$131.18 M
|
$118.44 M
|
$115.58 M
|
$66.39 M
|
$70.12 M
|
$66.94 M
|
$35.77 M
|
$30.93 M
|
$3.77 M
|
| Selling & Marketing
Expenses |
$1.12 M
|
$2.12 M
|
$3.03 M
|
$1.97 M
|
$2.05 M
|
$2.43 M
|
$1.63 M
|
$595,000.00
|
$0.00
|
$170,000.00
|
| Selling, General &
Administrative Expenses |
$93.49 M
|
$131.18 M
|
$118.44 M
|
$115.58 M
|
$66.39 M
|
$70.12 M
|
$66.94 M
|
$35.77 M
|
$30.93 M
|
$3.77 M
|
| Other Expenses |
$0.00 |
-$91.23 M |
-$314.99 M |
-$332.46 M |
-$17.35 M |
-$13.66 M |
-$12.94 M |
-$8.96 M |
-$4.13 M |
-$1.68 M |
| Operating Expenses |
$34.74 M |
$18.09 M |
-$196.55 M |
-$216.89 M |
$49.04 M |
$121.49 M |
$86.19 M |
$71.74 M |
$50.85 M |
$14.48 M |
| Cost And Expenses |
$203.36 M |
$18.09 M |
-$196.55 M |
-$216.89 M |
$49.04 M |
$121.49 M |
$163.19 M |
$137.33 M |
$69.70 M |
$31.74 M |
| Interest Income |
$945.81 M |
$671.17 M |
$403.50 M |
$258.64 M |
$229.92 M |
$169.50 M |
$138.31 M |
$137.02 M |
$37.80 M |
$41.59 M |
| Interest Expense |
$716.47 M |
$400.77 M |
$213.56 M |
$175.48 M |
$151.88 M |
$109.24 M |
$74.65 M |
$57.77 M |
$18.85 M |
$17.26 M |
| Depreciation &
Amortization |
$20.23 M
|
$230.66 M
|
$286.83 M
|
$407.92 M
|
$172.70 M
|
$255.62 M
|
$232.21 M
|
$109.71 M
|
$933,812.00
|
$154,010.00
|
| EBITDA |
$899.56 M
|
$644.83 M
|
$186.83 M
|
$53.25 M
|
$62.42 M
|
$128.82 M
|
$0.00
|
$55.56 M
|
-$30.97 M
|
$46.41 M
|
| EBITDA Ratio |
2.1 |
1.4 |
0.49 |
0.2 |
0.43 |
0.81 |
-0.64 |
-0.53 |
-0.29 |
-0.18 |
| Operating Income Ratio
|
2.05
|
1.36
|
0.49
|
0.2
|
0.43
|
-0.77
|
-0.34
|
-0
|
-0.55
|
0.11
|
| Total Other
Income/Expenses Net |
-$520.91 M
|
-$16.03 M
|
$224.04 M
|
-$212.58 M
|
-$69.53 M
|
-$28.04 M
|
$1.84 M
|
$9.65 M
|
$18.93 B
|
$23.66 M
|
| Income Before Tax |
$358.42 M |
$232.90 M |
$189.06 M |
$54.45 M |
$64.50 M |
$62.84 M |
$47.65 M |
$65.22 M |
$3.00 M |
$29.00 M |
| Income Before Tax Ratio
|
0.83
|
0.51
|
0.49
|
0.2
|
0.44
|
0.4
|
0.31
|
0.52
|
0.05
|
0.58
|
| Income Tax Expense |
$7.17 M |
$29.73 M |
$29.08 M |
$8.38 M |
-$10.55 M |
$1.39 M |
$1.84 M |
$9.65 M |
$4.42 M |
-$850,996.00 |
| Net Income |
$339.45 M |
$194.26 M |
$157.74 M |
$44.87 M |
$72.97 M |
$59.26 M |
$43.29 M |
$49.17 M |
-$1.26 M |
$26.74 M |
| Net Income Ratio |
0.79 |
0.42 |
0.41 |
0.17 |
0.5 |
0.37 |
0.28 |
0.39 |
-0.02 |
0.54 |
| EPS |
2.26 |
1.65 |
2.06 |
0.81 |
1.72 |
1.85 |
1.38 |
1.85 |
-0.0452 |
3.35 |
| EPS Diluted |
2.23 |
1.51 |
2.06 |
0.81 |
1.72 |
1.85 |
1.38 |
1.85 |
-0.0405 |
2.5 |
| Weighted Average Shares
Out |
$146.84 M
|
$106.88 M
|
$68.51 M
|
$53.74 M
|
$42.01 M
|
$32.09 M
|
$31.35 M
|
$26.65 M
|
$27.90 M
|
$27.90 M
|
| Weighted Average Shares
Out Diluted |
$148.57 M
|
$117.19 M
|
$68.66 M
|
$53.82 M
|
$42.05 M
|
$32.10 M
|
$31.37 M
|
$26.65 M
|
$31.14 M
|
$37.37 M
|
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