CUBE FY 2012 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2012 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$283M+19.1% YoY

Gross Profit

$172M60.9% margin

Operating Income

$32M11.4% margin

Net Income

$2M0.6% margin

EPS (Diluted)

$-0.03

Cash Flow

Operating Cash Flow

$118M

Free Cash Flow

$118M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.1B

Stockholders' Equity

$990M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$283M	$238M	+19.1%
Gross Profit	$172M	$138M	+24.4%
Operating Income	$32M	$46M	-29.2%
Net Income	$2M	-$398,000	+556.5%