CUBE Q4 2019 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q4 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$166M+7.7% YoY

Gross Profit

$122M73.9% margin

Operating Income

$101M61.2% margin

Net Income

$42M25.4% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$72M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$166M	$154M	+7.7%
Gross Profit	$122M	$104M	+17.7%
Operating Income	$101M	$55M	+83.9%
Net Income	$42M	$48M	-12.7%

Revenue Segments

Real Estate Other

$17M74%

Management Service

$6M26%