READY CAPITAL CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | $204.9M | $144.8M | $120.7M | $78.4M | $19.3M | $24.4M |
| Cost of Revenue | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | $2.6M | $228.4K |
| Operating Income | $122.3M | $123.0M | $50.8M | $48.2M | $14.6M | $21.7M |
| Operating Margin | 59.7% | 85.0% | 42.1% | 61.5% | 75.8% | 88.6% |
| Interest Expense | $74.6M | $57.8M | $47.8M | $19.2M | $7.1M | $1.4M |
| Pretax Income | $47.7M | $65.2M | $3.0M | $29.0M | $7.6M | $20.3M |
| Income Tax Expense | $1.8M | $9.7M | $7.8M | $897.0K | $0 | — |
| Net Income | $43.3M | $49.2M | $40.4M | $29.3M | $7.6M | $20.3M |
| Net Margin | 21.1% | 34.0% | 33.5% | 37.4% | 39.1% | 82.9% |
| EPS (Basic) | $1.38 | $1.85 | $1.59 | $1.68 | $0.46 | $1.19 |
| EPS (Diluted) | $1.38 | $1.85 | $1.59 | $1.54 | $0.46 | $1.19 |
| Shares Outstanding (Basic) | 31.4M | 26.6M | 25.3M | 49.2M | 14.5M | 16.3M |
| Shares Outstanding (Diluted) | 31.4M | 26.6M | 25.3M | 21.4M | 16.4M | 16.6M |
| Dividends Per Share | $1.48 | $1.61 | $1.78 | — | $1.06 | $0.69 |