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Side-by-side financial comparison of Osisko Development Corp. (ODV) and Ready Capital Corp (RC). Click either name above to swap in a different company.

Ready Capital Corp is the larger business by last-quarter revenue ($13.1M vs $10.4M, roughly 1.3× Osisko Development Corp.).

Osisko Development Corp. is a Canada-based mining exploration and development firm focused on high-grade gold and precious metal assets. It holds North American mineral projects, advancing them through exploration, feasibility study, and pre-production phases while adhering to sustainable mining standards.

Ready Capital Corp is a leading US-based commercial real estate finance firm. It offers tailored lending solutions including multifamily property loans, small balance commercial real estate mortgages, construction financing, and mortgage servicing services. Its core client segments include real estate investors, small business operators, and property developers across the United States.

ODV vs RC — Head-to-Head

Bigger by revenue
RC
RC
1.3× larger
RC
$13.1M
$10.4M
ODV

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
ODV
ODV
RC
RC
Revenue
$10.4M
$13.1M
Net Profit
$-232.6M
Gross Margin
3.2%
Operating Margin
-149.3%
-2013.3%
Net Margin
-1772.7%
Revenue YoY
-73.8%
Net Profit YoY
26.1%
EPS (diluted)
$-1.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ODV
ODV
RC
RC
Q4 25
$13.1M
Q3 25
$85.4M
Q2 25
$16.9M
Q1 25
$40.2M
Q4 24
$50.1M
Q3 24
$10.4M
$107.2M
Q2 24
$10.8M
$51.0M
Q1 24
$48.5M
Net Profit
ODV
ODV
RC
RC
Q4 25
$-232.6M
Q3 25
$-16.7M
Q2 25
$-53.7M
Q1 25
$82.0M
Q4 24
$-314.8M
Q3 24
$-7.3M
Q2 24
$-34.2M
Q1 24
$-74.2M
Gross Margin
ODV
ODV
RC
RC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
3.2%
Q2 24
Q1 24
Operating Margin
ODV
ODV
RC
RC
Q4 25
-2013.3%
Q3 25
-31.5%
Q2 25
-524.9%
Q1 25
Q4 24
-629.0%
Q3 24
-149.3%
-14.8%
Q2 24
-124.0%
-157.0%
Q1 24
-217.9%
Net Margin
ODV
ODV
RC
RC
Q4 25
-1772.7%
Q3 25
-19.6%
Q2 25
-317.7%
Q1 25
203.7%
Q4 24
-628.8%
Q3 24
-6.8%
Q2 24
-67.1%
Q1 24
-152.8%
EPS (diluted)
ODV
ODV
RC
RC
Q4 25
$-1.43
Q3 25
$-0.13
Q2 25
$-0.34
Q1 25
$0.46
Q4 24
$-1.89
Q3 24
$-0.07
Q2 24
$-0.23
Q1 24
$-0.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ODV
ODV
RC
RC
Cash + ST InvestmentsLiquidity on hand
$207.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.5B
Total Assets
$7.8B
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ODV
ODV
RC
RC
Q4 25
$207.8M
Q3 25
$147.5M
Q2 25
$162.9M
Q1 25
$205.9M
Q4 24
$143.8M
Q3 24
$181.3M
Q2 24
$226.3M
Q1 24
$166.0M
Total Debt
ODV
ODV
RC
RC
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.1B
Stockholders' Equity
ODV
ODV
RC
RC
Q4 25
$1.5B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$2.2B
Q2 24
$2.3B
Q1 24
$2.4B
Total Assets
ODV
ODV
RC
RC
Q4 25
$7.8B
Q3 25
$8.3B
Q2 25
$9.3B
Q1 25
$10.0B
Q4 24
$10.1B
Q3 24
$11.3B
Q2 24
$11.8B
Q1 24
$12.0B
Debt / Equity
ODV
ODV
RC
RC
Q4 25
0.89×
Q3 25
0.78×
Q2 25
0.76×
Q1 25
0.77×
Q4 24
0.73×
Q3 24
0.54×
Q2 24
0.52×
Q1 24
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ODV
ODV
RC
RC
Operating Cash FlowLast quarter
$432.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ODV
ODV
RC
RC
Q4 25
$432.1M
Q3 25
$434.7M
Q2 25
$-100.3M
Q1 25
$108.5M
Q4 24
$274.8M
Q3 24
$221.1M
Q2 24
$1.1M
Q1 24
$23.4M
Cash Conversion
ODV
ODV
RC
RC
Q4 25
Q3 25
Q2 25
Q1 25
1.32×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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