CUBE FY 2010 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2010 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$217M-0.2% YoY

Gross Profit

$123M56.8% margin

Operating Income

$35M16.0% margin

Net Income

-$7M-3.4% margin

EPS (Diluted)

$-0.08

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$72M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$713M

Stockholders' Equity

$724M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$217M	-0.2%
Gross Profit	$123M	$123M	-0.2%
Operating Income	$35M	$30M	+16.2%
Net Income	-$7M	-$937,000	-689.0%