ELMEElme Communities

$189M

FY 2014 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$289M+9.7% YoY

Gross Profit

$185M64.1% margin

Operating Income

$64M22.2% margin

Net Income

$112M38.7% margin

EPS (Diluted)

$1.67

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$79M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.3B

Stockholders' Equity

$820M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$289M	$263M	+9.7%
Gross Profit	$185M	$170M	+9.0%
Operating Income	$64M	$65M	-1.8%
Net Income	$112M	$37M	+198.9%

ELME FY 2014 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena