CUBE FY 2007 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2007 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$229M+7.5% YoY

Gross Profit

$229M100.0% margin

Operating Income

$38M16.8% margin

Net Income

-$13M-5.7% margin

EPS (Diluted)

$-0.23

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

$63M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.0B

Stockholders' Equity

$556M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$229M	$213M	+7.5%
Gross Profit	$229M	$213M	+7.5%
Operating Income	$38M	$39M	-1.7%
Net Income	-$13M	-$9M	-52.9%