CMCT Q2 2023 Earnings — Creative Media & Community Trust Corporation Revenue & Financial Results | Market Cap Arena

CMCTCreative Media & Community Trust Corporation

$1M

Q2 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$33M+24.1% YoY

Gross Profit

$14M41.4% margin

Operating Income

-$9M-26.2% margin

Net Income

-$17M-53.0% margin

EPS (Diluted)

$-257.32

QoQ Revenue Growth

+13.3%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$5M

Stock-Based Comp.

$37,000

Balance Sheet

Total Assets

$920M

Total Liabilities

$538M

Stockholders' Equity

$378M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$26M	+24.1%
Gross Profit	$14M	$12M	+16.7%
Operating Income	-$9M	$5M	-259.2%
Net Income	-$17M	$3M	-694.1%

Revenue Segments

Office Properties Segment

$14M49%

Hotel Properties Segment

$12M41%

Lending Division Segment

$3M10%