ELME Q1 2021 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q1 2021 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$41M-47.1% YoY

Gross Profit

$24M59.5% margin

Operating Income

$2M3.8% margin

Net Income

-$1M-2.8% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$37M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.1B

Stockholders' Equity

$1.3B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$77M	-47.1%
Gross Profit	$24M	$48M	-49.8%
Operating Income	$2M	$12M	-87.1%
Net Income	-$1M	$2M	-166.7%

Revenue Segments

Multifamily Segment

$36M52%

Office

$29M41%

Corporate and Other

$5M7%