ELME Q1 2020 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q1 2020 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$77M-7.7% YoY

Gross Profit

$48M62.7% margin

Operating Income

$12M15.8% margin

Net Income

$2M2.2% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$29M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.3B

Stockholders' Equity

$1.4B

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$83M	-7.7%
Gross Profit	$48M	$54M	-10.8%
Operating Income	$12M	$8M	+46.9%
Net Income	$2M	-$4M	+139.0%

Revenue Segments

Multifamily Segment

$37M48%

Office

$36M46%

Corporate and Other

$5M6%