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 | $506.1M | $79.4M | $596M |
| 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 | $82M | -$53.7M | -$16.7M | -$232.6M | -$200.1M |
| Total provisions for credit losses | -$18.9M | $53.2M | $285M | -$109.6M | $8.6M | $38M | $150M | $70.9M |
| Provision for credit losses | -$18.9M | $53.2M | $285M | -$109.6M | $8.6M | $38M | $150M | $70.9M |
| Realized Gains (Losses), Net | $7.4M | -$72.4M | -$7M | $10.2M | $17.3M | -$160.5M | -$10.6M | -$60.4M |
| Change in other assets | $47M | — | — | $46.5M | $58.6M | $6.6M | $105.6M | -$33.6M |
| Increase (Decrease) in Other Operating Assets | $47M | — | — | $46.5M | $58.6M | $6.6M | $105.6M | -$33.6M |
| Change in accounts receivable | -$1.3M | — | -$361K | $862K | -$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 | $21M | $47.1M | — | -$33M | -$17.9M | — | -$38.9M | -$8.6M |
| Unrealized Gains (Losses), Net | -$1.3M | $276K | -$18.7M | -$1.9M | -$577K | $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 | -$10M | $2M | — | — | $927K | -$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 | $797K | $1.6M |
| Depreciation and amortization | — | $0 | $0 | $0 | $0 | $1.1M | $1.7M | $1.6M |
| Distributions from equity method investments | $723K | $2.1M | $4.8M | -$5.8M | -$669K | $8M | $762K | $1.5M |
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | $723K | $2.1M | $4.8M | -$5.8M | -$669K | $8M | $762K | $1.5M |
| Accrued Paid-In-Kind Interest | $0 | $28.4M | $20.6M | $241K | $807K | $3M | $2M | $708K |
| Payments To Acquire Held For Sale Real Estate | $390K | $327K | $100K | $5K | $210K | $749K | $1.4M | $669K |
| Impairment Of Real Estate | $9.1M | $525K | $29.9M | $2.3M | $4.3M | $1.9M | $15M | -$469K |
| Repair and denial reserve | — | — | $103K | $823K | $335K | $469K | $3.3M | $354K |
| Income (Loss) from Discontinued Operations | -$2.8M | $194K | -$17.2M | -$445K | -$4.9M | $210K | -$47K | $0 |
| Bargain purchase gain | $3.5M | $3.5M | $3.5M | $102.5M | — | — | — | $0 |
| Income (Loss) from Discontinued Operations | -$2.8M | $194K | -$17.2M | -$445K | -$4.9M | $210K | -$47K | $0 |
| Business Combination Bargain Purchase Gain Recognized Amount | $3.5M | $3.5M | $3.5M | $102.5M | — | — | — | $0 |
| Net cash provided by operating activities from discontinued operations | -$33.1M | -$17.1M | — | $28.1M | -$51.8M | — | — | $0 |
| Net income from discontinued operations | -$2.8M | $194K | -$17.2M | -$445K | -$4.9M | $210K | -$47K | $0 |
| Loss from Discontinued Operations | -$2.8M | $194K | -$17.2M | -$445K | -$4.9M | $210K | -$47K | $0 |
| Income (Loss) from Discontinued Operations, Net of Tax | -$2.8M | $194K | -$17.2M | -$445K | -$4.9M | $210K | -$47K | $0 |