CUBE FY 2011 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2011 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$238M+9.6% YoY

Gross Profit

$138M58.3% margin

Operating Income

$46M19.2% margin

Net Income

-$398,000-0.2% margin

EPS (Diluted)

$-0.00

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$84M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$881M

Stockholders' Equity

$956M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$217M	+9.6%
Gross Profit	$138M	$123M	+12.4%
Operating Income	$46M	$35M	+30.9%
Net Income	-$398,000	-$7M	+94.6%