CUBE Q4 2017 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q4 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$143M+8.3% YoY

Gross Profit

$99M68.9% margin

Operating Income

$56M38.7% margin

Net Income

$40M27.6% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$69M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.9B

Stockholders' Equity

$1.6B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$133M	+8.3%
Gross Profit	$99M	$90M	+9.4%
Operating Income	$56M	$42M	+33.1%
Net Income	$40M	$26M	+50.3%