AIV Q1 2023 Earnings — Apartment Investment and Management Company Revenue & Financial Results | Market Cap Arena

AIVApartment Investment and Management Company

$616M

Q1 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$44M-11.6% YoY

Gross Profit

$27M60.6% margin

Operating Income

$19M41.7% margin

Net Income

-$9M-19.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$59M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.4B

Stockholders' Equity

$532M

Cash & Equivalents

$166M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$50M	-11.6%
Gross Profit	$27M	$31M	-13.2%
Operating Income	$19M	$22M	-14.0%
Net Income	-$9M	$8M	-207.4%

Revenue Segments

Other Real Estate

$4M63%

Redevelopmentand Development

$2M37%