ELME Q2 2017 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q2 2017 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$83M+5.1% YoY

Gross Profit

$55M65.6% margin

Operating Income

$20M23.7% margin

Net Income

$8M9.4% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$33M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.3B

Stockholders' Equity

$1.1B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$79M	+5.1%
Gross Profit	$55M	$51M	+6.9%
Operating Income	$20M	$45M	-56.0%
Net Income	$8M	$32M	-75.3%

Revenue Segments

Office

$44M53%

Multifamily

$24M29%

Retail

$16M19%