ELME FY 2023 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

FY 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$228M+8.9% YoY

Gross Profit

$140M61.4% margin

Operating Income

-$23M-10.1% margin

Net Income

-$53M-23.2% margin

EPS (Diluted)

$-0.61

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$84M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$746M

Stockholders' Equity

$1.2B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$209M	+8.9%
Gross Profit	$140M	$128M	+9.4%
Operating Income	-$23M	-$2M	-1238.5%
Net Income	-$53M	-$31M	-71.6%