ELME Q3 2021 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q3 2021 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$42M-2.8% YoY

Gross Profit

$26M60.1% margin

Operating Income

-$2M-3.8% margin

Net Income

$31M73.7% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$7M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$556M

Stockholders' Equity

$1.3B

Cash & Equivalents

$308M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$44M	-2.8%
Gross Profit	$26M	$26M	-1.9%
Operating Income	-$2M	$2M	-197.2%
Net Income	$31M	-$956,000	+3376.0%

Revenue Segments

Corporate and Other

$4M100%