CUBE FY 2013 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2013 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$318M+12.5% YoY

Gross Profit

$200M62.9% margin

Operating Income

$58M18.3% margin

Net Income

$41M13.0% margin

EPS (Diluted)

$0.26

Cash Flow

Operating Cash Flow

$143M

Free Cash Flow

$143M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.2B

Stockholders' Equity

$1.1B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$318M	$283M	+12.5%
Gross Profit	$200M	$172M	+16.2%
Operating Income	$58M	$32M	+80.8%
Net Income	$41M	$2M	+2181.1%