Ready Capital Corporation 5.75%
Income Statement
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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 5.75%'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 149% to $1,145,408,000. The net income raised on $339,451,000 and profit margin reached 30%. Total operating expenses were $34,738,000.
Profit Margin
| 2014 | 49.67M | 26.74M | 53.83% |
|---|---|---|---|
| 2015 | 57.97M | -1.26M | -2.17% |
| 2016 | 124.94M | 49.16M | 39.35% |
| 2017 | 152.81M | 43.29M | 28.33% |
| 2018 | 158.26M | 59.25M | 37.44% |
| 2019 | 146.11M | 72.96M | 49.94% |
| 2020 | 270.14M | 44.87M | 16.61% |
| 2021 | 383.37M | 157.74M | 41.15% |
| 2022 | 460.24M | 194.26M | 42.21% |
| 2023 | 1.14B | 339.45M | 29.64% |
RCC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.14B | 460.24M | 383.37M | 270.14M | 146.11M | 158.26M | 152.81M | 124.94M | 57.97M | 49.67M |
Cost of revenue | 59.59M | 55.30M | 58.40M | 54.36M | 33.16M | 28.74M | 77.00M | 65.59M | 18.84M | 17.25M |
Gross profit | 1.08B | 404.94M | 324.97M | 215.77M | 112.95M | 129.51M | 75.80M | 59.34M | 39.12M | 32.41M |
Operating exp. | ||||||||||
Research and development | 0 | 9.00M | 7.97M | 6.72M | 4.83M | 0 | 0 | 0 | 2.41M | 2.74M |
Selling and marketing | 1.12M | 2.12M | 3.02M | 1.97M | 2.05M | 0 | 1.62M | 595K | 0 | 170K |
Total operating expenses | 34.73M | 18.09M | -196.54M | -216.88M | 49.04M | 121.49M | 86.18M | 71.73M | 50.85M | 14.48M |
Operating income | 879.33M | 624.77M | 186.82M | 53.25M | 62.41M | -121.49M | -51.82M | -303K | -31.90M | 5.33M |
Other income (expenses), net | -520.91M | -391.87M | 2.23M | -212.57M | 2.08M | 125.53M | 1.83M | 65.51M | 18.93B | 23.66M |
Income before tax | 358.41M | 232.89M | 189.05M | 54.45M | 64.50M | 62.84M | 47.65M | 65.21M | 2.99M | 29.00M |
Income tax expense | 7.17M | 29.73M | 29.08M | 8.38M | -10.55M | 1.38M | 1.83M | 9.65M | 4.41M | -850.99K |
Net income | 339.45M | 194.26M | 157.74M | 44.87M | 72.96M | 59.25M | 43.29M | 49.16M | -1.26M | 26.74M |
Earnings per share | ||||||||||
Basic EPS | 2.26 | 1.65 | 2.06 | 0.81 | 1.72 | 1.85 | 1.38 | 1.85 | -0.04 | 3.35 |
Diluted EPS | 2.23 | 1.51 | 2.06 | 0.81 | 1.72 | 1.85 | 1.38 | 1.85 | -0.04 | 2.5 |
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