ELME FY 2008 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$188M

FY 2008 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$282M+10.4% YoY

Gross Profit

$188M66.5% margin

Operating Income

$89M31.5% margin

Net Income

$33M11.6% margin

EPS (Diluted)

$0.67

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$44M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.5B

Stockholders' Equity

$626M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$282M	$256M	+10.4%
Gross Profit	$188M	$256M	-26.6%
Operating Income	$89M	$91M	-2.1%
Net Income	$33M	$62M	-46.9%