RC · NYSE · REIT - Mortgage

Ready Capital (RC)

Originates, acquires, finances, and services lower-market CRE and government-guaranteed business loans.

$1.55
vs last close−0.11 (−6.63%)

In millions of USD, except per-share figures

In millionsQ3 FY23Sep 2023Q4 FY23Dec 2023Q1 FY24Mar 2024Q2 FY24Jun 2024Q3 FY24Sep 2024Q4 FY24Dec 2024Q1 FY25Mar 2025Q2 FY25Jun 2025Q3 FY25Sep 2025Q4 FY25Dec 2025Q1 FY26Mar 2026Q2 FY26Jun 2026
Revenue10260−67−256258−74−121711244569
Cost of revenue000000011165261497
Gross profit10260−67−256258−74−236−137−462
10260−67−256258−74413312711793
Research & development000000030000
24722232728261226302939
Selling & marketing0−100110000028
General & administrative24722232627251125292911
Other expenses7853−89−483530−100277978853
Operating income0000000−65−27−264−121−30
4611−106−80−16−31577−240−107−96−83
Interest income2512452322342272041551531371248277
Interest expense1921921841831761541401361271119783
Other non-operating income0−203−78−103−160161−218−650−111−10
Income before tax4611−106−80−16−31577−89−27−264−217−113
Income tax expense3−2−30−49−8−17−5−40−10−32−17−13
Net income from continuing operations4414−76−31−7−29882−49−17−233−200−100
Discontinued operations401−30−170−50000
Other adjustments0−30000000000
Net income4610−74−36−9−31680−55−19−234−202−102
EPS, basic$0.25$0.04−$0.44−$0.23−$0.07−$1.90$0.47−$0.34−$0.13−$1.44−$1.25−$0.62
EPS, diluted$0.25$0.04−$0.44−$0.22−$0.07−$1.89$0.46−$0.34−$0.13−$1.42−$1.25−$0.62
Weighted average shares, basic172172172169168167165168165162164164
Weighted average shares, diluted174172173170170169168171168164168171
EBITDA021181103168−15022616−24−152−107−7
Depreciation & amortization0730911816321323
EBIT020378103160−161218−89−27−153−120−30