READY CAPITAL CORPORATION
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $207.8M | $143.8M | $138.5M | $147.4M | $193.0M | $139.0M | $67.9M | $54.4M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | $49.5M | $49.5M | $38.5M | $37.8M | $31.5M | $11.2M | $11.2M | — |
| Intangible Assets (Excl. Goodwill) | $38.2M | $37.0M | $17.7M | $15.5M | $14.8M | $7.0M | $8.3M | $2.9M |
| Total Assets | $7.77B | $10.14B | $12.44B | $11.62B | $9.53B | $5.37B | $4.98B | $3.04B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $1.38B | $1.33B | $1.11B | $1.12B | $897.1M | $442.8M | $440.3M | $337.3M |
| Total Liabilities | $6.12B | $8.20B | $9.79B | $9.72B | $8.25B | $4.54B | $4.13B | $2.47B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-807.5M | $-505.1M | $124.4M | $5.0M | $8.6M | $-24.2M | $8.7M | $5.3M |
| Total Stockholders' Equity | $1.54B | $1.84B | $2.54B | $1.79B | $1.28B | $815.4M | $825.4M | $544.8M |