CUBE FY 2009 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2009 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$217M-8.1% YoY

Gross Profit

$123M56.8% margin

Operating Income

$30M13.8% margin

Net Income

-$937,000-0.4% margin

EPS (Diluted)

$-0.01

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$44M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$860M

Stockholders' Equity

$695M

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$236M	-8.1%
Gross Profit	$123M	$137M	-10.1%
Operating Income	$30M	$35M	-13.6%
Net Income	-$937,000	$3M	-133.6%