AIV Q1 2024 Earnings — Apartment Investment and Management Company Revenue & Financial Results | Market Cap Arena

AIVApartment Investment and Management Company

$616M

Q1 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$50M+13.0% YoY

Gross Profit

$29M57.8% margin

Operating Income

$987,0002.0% margin

Net Income

-$10M-20.3% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

-$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.5B

Stockholders' Equity

$336M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$44M	+13.0%
Gross Profit	$29M	$27M	+7.7%
Operating Income	$987,000	$19M	-94.7%
Net Income	-$10M	-$9M	-15.5%

Revenue Segments

Operating Portfolio Segment

$39M80%

Other Real Estate

$5M10%

Redevelopmentand Development

$5M10%