ELME FY 2022 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

FY 2022 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$209M+23.8% YoY

Gross Profit

$128M61.1% margin

Operating Income

-$2M-0.8% margin

Net Income

-$31M-14.7% margin

EPS (Diluted)

$-0.69

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

$71M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$609M

Stockholders' Equity

$1.3B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$209M	$169M	+23.8%
Gross Profit	$128M	$102M	+25.1%
Operating Income	-$2M	-$484,000	-256.0%
Net Income	-$31M	-$22M	-41.7%