Operating
Ready Capital·Cash Flow Statement·33 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Proceeds from Sale and Principal Repayments on Loans Held For Sale at Fair Value | $37.4M | $221.5M | $55.6M | $89.1M | $0.0 | $506.1M | $79.4M | $596.0M |
| Net cash from operating activities | $1.1M | $221.1M | $29.2M | $108.5M | — | $434.7M | — | $590.2M |
| Net income | -$34.2M | -$7.3M | -$314.8M | $82.0M | -$53.7M | -$16.7M | -$232.6M | -$200.1M |
| Total provisions for credit losses | -$18.9M | $53.2M | $285.0M | -$109.6M | $8.6M | $38.0M | $150.0M | $70.9M |
| Provision for credit losses | -$18.9M | $53.2M | $285.0M | -$109.6M | $8.6M | $38.0M | $150.0M | $70.9M |
| Realized Gains (Losses), Net | $7.4M | -$72.4M | -$7.0M | $10.2M | $17.3M | -$160.5M | -$10.6M | -$60.4M |
| Change in other assets | $47.0M | — | — | $46.5M | $58.6M | $6.6M | $105.6M | -$33.6M |
| Increase (Decrease) in Other Operating Assets | $47.0M | — | — | $46.5M | $58.6M | $6.6M | $105.6M | -$33.6M |
| Change in accounts receivable | -$1.3M | — | -$361.0K | $862.0K | -$3.5M | $8.9M | — | $13.2M |
| Amortization of debt issuance costs | — | $14.9M | $14.1M | $11.3M | $15.8M | $6.2M | $12.4M | $12.1M |
| Non-cash interest expense | — | $14.9M | $14.1M | $11.3M | $15.8M | $6.2M | $12.4M | $12.1M |
| Increase (Decrease) In Assets of Consolidated VIEs, Accrued Interest and Due From Servicers | $21.0M | $47.1M | — | -$33.0M | -$17.9M | — | -$38.9M | -$8.6M |
| Unrealized Gains (Losses), Net | -$1.3M | $276.0K | -$18.7M | -$1.9M | -$577.0K | $3.1M | -$12.7M | -$6.9M |
| Valuation allowance, loans held for sale | — | -$71.1M | — | $99.7M | — | -$178.2M | — | $6.6M |
| Change in Derivative Assets and Liabilities | -$5.8M | $9.1M | -$10.0M | $2.0M | — | — | $927.0K | -$3.8M |
| Change in accrued liabilities | — | $62.8M | -$81.3M | $24.1M | $7.4M | -$22.6M | -$23.3M | $3.7M |
| Other current liabilities | — | $62.8M | -$81.3M | $24.1M | $7.4M | -$22.6M | -$23.3M | $3.7M |
| Stock-based compensation | $1.9M | $1.8M | $2.5M | $1.8M | $1.6M | $1.6M | $797.0K | $1.6M |
| Depreciation and amortization | — | $0.0 | $0.0 | $0.0 | $0.0 | $1.1M | $1.7M | $1.6M |
| Distributions from equity method investments | $723.0K | $2.1M | $4.8M | -$5.8M | -$669.0K | $8.0M | $762.0K | $1.5M |
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | $723.0K | $2.1M | $4.8M | -$5.8M | -$669.0K | $8.0M | $762.0K | $1.5M |
| Accrued Paid-In-Kind Interest | $0.0 | $28.4M | $20.6M | $241.0K | $807.0K | $3.0M | $2.0M | $708.0K |
| Payments To Acquire Held For Sale Real Estate | $390.0K | $327.0K | $100.0K | $5.0K | $210.0K | $749.0K | $1.4M | $669.0K |
| Impairment Of Real Estate | $9.1M | $525.0K | $29.9M | $2.3M | $4.3M | $1.9M | $15.0M | -$469.0K |
| Repair and denial reserve | — | — | $103.0K | $823.0K | $335.0K | $469.0K | $3.3M | $354.0K |
| Income (Loss) from Discontinued Operations | -$2.8M | $194.0K | -$17.2M | -$445.0K | -$4.9M | $210.0K | -$47.0K | $0.0 |
| Bargain purchase gain | $3.5M | $3.5M | $3.5M | $102.5M | — | — | — | $0.0 |
| Income (Loss) from Discontinued Operations | -$2.8M | $194.0K | -$17.2M | -$445.0K | -$4.9M | $210.0K | -$47.0K | $0.0 |
| Business Combination Bargain Purchase Gain Recognized Amount | $3.5M | $3.5M | $3.5M | $102.5M | — | — | — | $0.0 |
| Net cash provided by operating activities from discontinued operations | -$33.1M | -$17.1M | — | $28.1M | -$51.8M | — | — | $0.0 |
| Net income from discontinued operations | -$2.8M | $194.0K | -$17.2M | -$445.0K | -$4.9M | $210.0K | -$47.0K | $0.0 |
| Loss from Discontinued Operations | -$2.8M | $194.0K | -$17.2M | -$445.0K | -$4.9M | $210.0K | -$47.0K | $0.0 |
| Income (Loss) from Discontinued Operations, Net of Tax | -$2.8M | $194.0K | -$17.2M | -$445.0K | -$4.9M | $210.0K | -$47.0K | $0.0 |