ELMEElme Communities

$191M

Q4 2019 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$81M-2.7% YoY

Gross Profit

$50M62.1% margin

Operating Income

$66M81.8% margin

Net Income

$54M67.2% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$39M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$83M	-2.7%
Gross Profit	$50M	$55M	-8.4%
Operating Income	$66M	$18M	+262.9%
Net Income	$54M	$6M	+852.8%

Revenue Segments

Multifamily Segment

$36M100%

ELME Q4 2019 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena