AIV Q3 2023 Earnings — Apartment Investment and Management Company Revenue & Financial Results | Market Cap Arena

AIVApartment Investment and Management Company

$616M

Q3 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$48M-0.3% YoY

Gross Profit

$29M61.6% margin

Operating Income

$00.0% margin

Net Income

-$2M-4.7% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

-$57M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.5B

Stockholders' Equity

$509M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48M	$48M	-0.3%
Gross Profit	$29M	$30M	-3.3%
Operating Income	$0	$20M	-100.0%
Net Income	-$2M	$29M	-107.7%

Revenue Segments

Operating Portfolio Segment

$38M82%

Redevelopmentand Development

$5M10%

Other Real Estate

$4M8%