CLPR Q3 2024 Earnings — Clipper Realty Inc. Revenue & Financial Results | Market Cap Arena

CLPRClipper Realty Inc.

$52M

Q3 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$38M+7.1% YoY

Gross Profit

$22M57.4% margin

Operating Income

$11M28.6% margin

Net Income

-$412,000-1.1% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$713,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.3B

Stockholders' Equity

-$4M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$35M	+7.1%
Gross Profit	$22M	$20M	+8.8%
Operating Income	$11M	$9M	+16.8%
Net Income	-$412,000	-$881,000	+53.2%

Revenue Segments

Residential Rental

$28M74%

Commercial Real Estate

$10M26%