ELME Q3 2019 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q3 2019 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$80M-2.7% YoY

Gross Profit

$50M61.8% margin

Operating Income

$6M7.2% margin

Net Income

$333M414.6% margin

EPS (Diluted)

$4.14

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$31M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.4B

Stockholders' Equity

$1.3B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$83M	-2.7%
Gross Profit	$50M	$54M	-8.1%
Operating Income	$6M	$18M	-68.6%
Net Income	$333M	$6M	+5546.9%

Revenue Segments

Office

$40M50%

Multifamily Segment

$36M45%

Corporate and Other

$5M6%