ELME Q2 2019 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q2 2019 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$77M-11.3% YoY

Gross Profit

$49M63.4% margin

Operating Income

$9M11.8% margin

Net Income

$987,0001.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-7.6%

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.8B

Stockholders' Equity

$1.0B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$87M	-11.3%
Gross Profit	$49M	$57M	-14.7%
Operating Income	$9M	$24M	-62.4%
Net Income	$987,000	$11M	-90.8%

Revenue Segments

Office

$42M55%

Multifamily Segment

$30M39%

Corporate and Other

$5M6%