CMCT Q2 2024 Earnings — Creative Media & Community Trust Corporation Revenue & Financial Results | Market Cap Arena

CMCTCreative Media & Community Trust Corporation

$1M

Q2 2024 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$34M+5.1% YoY

Gross Profit

$16M45.1% margin

Operating Income

$8M22.3% margin

Net Income

-$796,000-2.3% margin

EPS (Diluted)

$-104.19

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$2M

Stock-Based Comp.

$55,000

Balance Sheet

Total Assets

$891M

Total Liabilities

$530M

Stockholders' Equity

$359M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$33M	+5.1%
Gross Profit	$16M	$14M	+14.5%
Operating Income	$8M	-$9M	+189.3%
Net Income	-$796,000	-$17M	+95.4%

Revenue Segments

Office Properties Segment

$14M49%

Hotel Properties Segment

$12M42%

Lending Division Segment

$3M9%