CUBE Q4 2018 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q4 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$154M+7.2% YoY

Gross Profit

$104M67.6% margin

Operating Income

$55M35.8% margin

Net Income

$48M31.3% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$70M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.0B

Stockholders' Equity

$1.7B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$154M	$143M	+7.2%
Gross Profit	$104M	$99M	+5.3%
Operating Income	$55M	$56M	-0.7%
Net Income	$48M	$40M	+21.8%