ELME Q2 2018 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q2 2018 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$87M+3.8% YoY

Gross Profit

$57M65.9% margin

Operating Income

$24M27.8% margin

Net Income

$11M12.4% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.3B

Stockholders' Equity

$1.1B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$83M	+3.8%
Gross Profit	$57M	$55M	+4.3%
Operating Income	$24M	$20M	+21.9%
Net Income	$11M	$8M	+36.7%

Revenue Segments

Office

$47M55%

Multifamily

$24M27%

Retail

$16M18%