CLPR Q1 2023 Earnings — Clipper Realty Inc. Revenue & Financial Results | Market Cap Arena

CLPRClipper Realty Inc.

$52M

Q1 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$34M+5.0% YoY

Gross Profit

$17M50.6% margin

Operating Income

$7M20.5% margin

Net Income

-$3M-8.0% margin

EPS (Diluted)

$-1.67

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$648,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.2B

Stockholders' Equity

$10M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$32M	+5.0%
Gross Profit	$17M	$17M	+2.7%
Operating Income	$7M	$7M	+6.2%
Net Income	-$3M	-$1M	-103.9%

Revenue Segments

Residential Segment

$21M80%

Commercial Segment

$5M20%