CLPR Q2 2023 Earnings — Clipper Realty Inc. Revenue & Financial Results | Market Cap Arena

CLPRClipper Realty Inc.

$52M

Q2 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$35M+8.3% YoY

Gross Profit

$19M55.2% margin

Operating Income

$8M23.3% margin

Net Income

-$1M-3.6% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$10M

Stock-Based Comp.

$783,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.2B

Stockholders' Equity

$7M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$32M	+8.3%
Gross Profit	$19M	$17M	+11.6%
Operating Income	$8M	$7M	+14.0%
Net Income	-$1M	-$1M	-11.6%

Revenue Segments

Residential Rental

$25M72%

Commercial Real Estate

$10M28%