CLPR Q3 2023 Earnings — Clipper Realty Inc. Revenue & Financial Results | Market Cap Arena

CLPRClipper Realty Inc.

$52M

Q3 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$35M+7.1% YoY

Gross Profit

$20M56.4% margin

Operating Income

$9M26.2% margin

Net Income

-$881,000-2.5% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

-$91,000

Free Cash Flow

-$91,000

Stock-Based Comp.

$783,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.2B

Stockholders' Equity

$5M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$33M	+7.1%
Gross Profit	$20M	$17M	+14.7%
Operating Income	$9M	$7M	+26.1%
Net Income	-$881,000	-$1M	+16.7%

Revenue Segments

Residential Segment

$20M77%

Commercial Segment

$6M23%