Ready Capital Corporation 6.25% Series C Cumulative Convertible — Quarterly Balance Sheet (NYSE:RC-PC)

Financials

Total revenue 58.45 M-194.39 M149.81 M34.93 M102.37 M 92.72 M Gross profit -17.51 M-411.13 M22.01 M926 K48.22 M -339.97 M Operating expenses 25.31 M65.64 M24.85 M33.41 M27.51 M 151.4 M Selling/general/admin expenses 10.44 M11.26 M8.74 M9.62 M9.77 M 39.38 M Research & development ————— — Operating income -32.11 M-470.48 M4.58 M-25.49 M30.8 M -460.59 M Non-Operating Income, Total 70.42 M-33.54 M12.42 M19.83 M163.31 M 162.02 M Interest expense, net of interest capitalized 175.57 M153.91 M140.47 M135.84 M126.97 M 557.18 M Non-Operating Income, excl. Interest Expenses -105.15 M-187.45 M-128.05 M-116.01 M36.34 M -395.17 M Unusual income/expense ————— — Pretax income 15.88 M314.83 M77.2 M88.69 M26.88 M 507.61 M Equity in earnings 3.21 M6.07 M3.98 M144 K7.42 M 17.61 M Taxes 8.4 M17.32 M5.21 M39.94 M9.94 M 72.4 M Non-controlling/minority interest 2.03 M1.39 M2.46 M1.81 M2.01 M 7.67 M After tax other income/expense ————— — Net income before discontinued operations 5.05 M299.35 M79.06 M46.94 M14.52 M 439.86 M Discontinued operations 194 K14.02 M445 K4.93 M210 K 19.6 M Net income 5.25 M313.36 M79.5 M51.86 M14.73 M 459.46 M Dilution adjustment 8.56 M3.68 M792 K7.71 M8.51 M 20.69 M Preferred dividends 2 M2 M2 M2 M2 M 8 M Diluted net income available to common stockholders 11.81 M315.04 M78.3 M57.57 M21.24 M 472.15 M Basic earnings per share (Basic EPS) -0.07-1.890.47-0.34-0.13 -1.89 Diluted earnings per share (Diluted EPS) -0.07-1.890.46-0.34-0.13 -1.9 Average basic shares outstanding 168.34 M169.11 M165.17 M167.75 M163.57 M 665.6 M Diluted shares outstanding 169.51 M170.47 M167.72 M170.67 M165.87 M 674.74 M EBITDA -20.65 M-450.36 M15.33 M-2.13 M21.81 M -415.36 M EBIT -42.83 M-476.77 M-2.83 M-32.48 M20.71 M -491.38 M Cost of revenue 75.97 M216.75 M127.79 M34 M54.15 M 432.69 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 22.18 M26.41 M18.16 M30.35 M1.1 M 76.02 M