AIV Q3 2024 Earnings — Apartment Investment and Management Company Revenue & Financial Results | Market Cap Arena

AIVApartment Investment and Management Company

$616M

Q3 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$35M-25.9% YoY

Gross Profit

$18M50.0% margin

Operating Income

-$11M-32.4% margin

Net Income

-$22M-62.1% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-30.9%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$20M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$230M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$48M	-25.9%
Gross Profit	$18M	$29M	-39.8%
Operating Income	-$11M	$0	—
Net Income	-$22M	-$2M	-870.6%

Revenue Segments

Operating Portfolio Segment

$39M77%

Redevelopmentand Development

$7M13%

Other Real Estate

$5M10%