CMCT Q1 2024 Earnings — Creative Media & Community Trust Corporation Revenue & Financial Results | Market Cap Arena

CMCTCreative Media & Community Trust Corporation

$1M

Q1 2024 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$34M+17.6% YoY

Gross Profit

$14M42.5% margin

Operating Income

$6M18.7% margin

Net Income

-$4M-11.0% margin

EPS (Diluted)

$-125.46

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$74,000

Stock-Based Comp.

$55,000

Balance Sheet

Total Assets

$888M

Total Liabilities

$515M

Stockholders' Equity

$370M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$29M	+17.6%
Gross Profit	$14M	$12M	+22.2%
Operating Income	$6M	$404,000	+1473.8%
Net Income	-$4M	-$7M	+46.3%

Revenue Segments

Office Properties Segment

$15M50%

Hotel Properties Segment

$12M41%

Lending Division Segment

$3M9%