Ready Capital Corporation 7.00%
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ready Capital Corporation 7.00%'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $460,247,000. The net income raised on $194,263,000 and profit margin reached 42%. Total operating expenses were $18,093,000.
Profit Margin
| 2013 | 26.41B | 0 | |
|---|---|---|---|
| 2014 | 41.59B | 26.74B | 64.29% |
| 2015 | 37.80B | -1.26B | -3.33% |
| 2016 | 124.94M | 49.16M | 39.35% |
| 2017 | 73.15M | 43.29M | 59.18% |
| 2018 | 158.26M | 59.25M | 37.44% |
| 2019 | 146.11M | 72.96M | 49.94% |
| 2020 | 334.75M | 44.87M | 13.4% |
| 2021 | 383.37M | 157.74M | 41.15% |
| 2022 | 460.24M | 194.26M | 42.21% |
RCA Income Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 460.24M | 383.37M | 334.75M | 146.11M | 158.26M | 73.15M | 124.94M | 37.80B | 41.59B | 26.41B |
Cost of revenue | 55.30M | 58.40M | 54.36M | 33.16M | 28.74M | 26.93M | 65.59M | 0 | 0 | 0 |
Gross profit | 404.94M | 324.97M | 280.38M | 112.95M | 129.51M | 46.21M | 59.34M | 37.80B | 41.59B | 26.41B |
Operating exp. | ||||||||||
Research and development | 9.00M | 7.97M | 0 | 4.83M | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 2.12M | 3.02M | 0 | 2.05M | 0 | 0 | 595K | 0 | 0 | 0 |
Total operating expenses | 18.09M | -196.54M | 13.36M | 49.04M | 121.49M | 8.92M | 71.73M | 12.29B | 7.86B | 6.07B |
Operating income | 624.77M | 186.82M | 267.02M | 62.41M | -121.49M | 45.81M | -303K | 3.15B | 29.00B | 20.34B |
Other income (expenses), net | -391.87M | 2.23M | -212.57M | 2.08M | 125.53M | 1.83M | 65.51M | -158.56M | 0 | 0 |
Income before tax | 232.89M | 189.05M | 54.45M | 64.50M | 62.84M | 47.65M | 65.21M | 2.99B | 29.00B | 0 |
Income tax expense | 29.73M | 29.08M | -8.38M | -10.55M | 1.38M | -1.83M | 9.65M | 4.41B | 2.25B | 0 |
Net income | 194.26M | 157.74M | 44.87M | 72.96M | 59.25M | 43.29M | 49.16M | -1.26B | 26.74B | 0 |
Earnings per share | ||||||||||
Basic EPS | 1.65 | 2.06 | 0.00 | 1.72 | 1.85 | 0.00 | 1.85 | -0.16 | 3.35 | 0 |
Diluted EPS | 1.51 | 2.06 | 0.00 | 1.72 | 1.85 | 0.00 | 1.85 | -0.14 | 2.5 | 0 |
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