CUBE FY 2014 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2014 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$377M+18.4% YoY

Gross Profit

$244M64.8% margin

Operating Income

$82M21.6% margin

Net Income

$26M7.0% margin

EPS (Diluted)

$0.14

Cash Flow

Operating Cash Flow

$166M

Free Cash Flow

$166M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.3B

Stockholders' Equity

$1.4B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$377M	$318M	+18.4%
Gross Profit	$244M	$200M	+22.0%
Operating Income	$82M	$58M	+39.9%
Net Income	$26M	$41M	-36.4%