READY CAPITAL CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-221.1M | $-430.4M | $348.4M | $203.2M | $160.0M | $44.9M | $73.0M | $59.3M |
| Depreciation & Amortization | $2.8M | $0 | $0 | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $6.7M | $4.6M | $1.6M | $1.6M | $1.4M | $1.3M | $500.0K | $400.0K |
| Stock-Based Compensation | $5.8M | $8.1M | $7.6M | $7.5M | $6.9M | $5.3M | $1.5M | — |
| Net Cash from Operating Activities | $432.1M | $274.8M | $51.1M | $359.1M | $-34.4M | $68.9M | $-52.4M | $140.3M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | $44.4M | $-38.7M | $-123.6M | $11.5M | — | $5.0M | — |
| Net Cash from Investing Activities | $1.64B | $1.54B | $1.02B | $-1.56B | $-1.72B | $-59.4M | $-1.21B | $-580.8M |
| Financing Activities | ||||||||
| Dividends Paid | $113.3M | $206.1M | $215.1M | $187.8M | $111.9M | $56.9M | $63.3M | $51.3M |
| Stock Repurchases | $67.6M | $82.3M | $18.1M | $37.0M | — | $9.2M | — | — |
| Net Cash from Financing Activities | $-2.04B | $-1.88B | $-1.09B | $1.17B | $1.88B | $63.1M | $1.30B | $444.5M |
| Net Change in Cash | $66.8M | $-79.7M | $-11.1M | $-2.6M | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |