READY CAPITAL CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $101.7M | $98.8M | $637.8M | $425.8M | $323.8M | $417.9M | $252.7M | $208.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-302.6M | $-516.5M | $1.07B | $567.4M | $336.5M | $229.9M | $216.4M | $172.1M |
| Operating Margin | -297.4% | -523.0% | 168.5% | 133.2% | 103.9% | 55.0% | 85.6% | 82.7% |
| Interest Expense | — | — | $716.5M | $392.4M | $204.4M | $175.5M | $151.9M | $109.2M |
| Pretax Income | $-302.6M | $-516.5M | $358.4M | $175.0M | $132.2M | $54.5M | $64.5M | $62.8M |
| Income Tax Expense | $-86.7M | $-104.5M | $7.2M | $15.5M | $14.9M | $8.4M | $-10.6M | $1.4M |
| Net Income | $-221.1M | $-430.4M | $348.4M | $203.2M | $160.0M | $44.9M | $73.0M | $59.3M |
| Net Margin | -217.3% | -435.8% | 54.6% | 47.7% | 49.4% | 10.7% | 28.9% | 28.5% |
| EPS (Basic) | $-1.44 | $-2.63 | $2.25 | $1.73 | $2.17 | $0.81 | $1.72 | $1.84 |
| EPS (Diluted) | $-1.44 | $-2.63 | $2.22 | $1.65 | $2.16 | $0.81 | $1.72 | $1.84 |
| Shares Outstanding (Basic) | 164.5M | 169.1M | 146.8M | 106.9M | 68.5M | 53.7M | 42.0M | 32.1M |
| Shares Outstanding (Diluted) | 167.3M | 170.5M | 148.6M | 117.2M | 68.7M | 53.8M | 42.0M | 32.1M |
| Dividends Per Share | $0.39 | $1.10 | $1.46 | $1.66 | $1.66 | $1.30 | $1.60 | $1.57 |