CLPR Q1 2024 Earnings — Clipper Realty Inc. Revenue & Financial Results | Market Cap Arena

CLPRClipper Realty Inc.

$52M

Q1 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$36M+6.2% YoY

Gross Profit

$20M55.9% margin

Operating Income

$9M25.4% margin

Net Income

-$1M-2.8% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$561,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.3B

Stockholders' Equity

$279,000

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$34M	+6.2%
Gross Profit	$20M	$17M	+17.4%
Operating Income	$9M	$7M	+31.2%
Net Income	-$1M	-$3M	+62.4%

Revenue Segments

Residential Segment

$21M78%

Commercial Segment

$6M22%