ELME Q2 2020 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q2 2020 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$44M-43.0% YoY

Gross Profit

$27M62.1% margin

Operating Income

-$3M-6.9% margin

Net Income

-$5M-12.4% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-43.0%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$36M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.2B

Stockholders' Equity

$1.3B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$77M	-43.0%
Gross Profit	$27M	$49M	-44.2%
Operating Income	-$3M	$9M	-133.5%
Net Income	-$5M	$987,000	-647.7%

Revenue Segments

Multifamily Segment

$36M49%

Office

$33M45%

Corporate and Other

$4M5%