AIV Q2 2024 Earnings — Apartment Investment and Management Company Revenue & Financial Results | Market Cap Arena

AIVApartment Investment and Management Company

$616M

Q2 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$51M+12.0% YoY

Gross Profit

$29M55.9% margin

Operating Income

-$1M-2.1% margin

Net Income

-$61M-118.3% margin

EPS (Diluted)

$-0.43

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$27M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$254M

Cash & Equivalents

$89M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$46M	+12.0%
Gross Profit	$29M	$27M	+6.3%
Operating Income	-$1M	$19M	-105.8%
Net Income	-$61M	-$4M	-1580.3%

Revenue Segments

Operating Portfolio Segment

$39M79%

Redevelopmentand Development

$5M11%

Other Real Estate

$5M10%