ELME Q4 2023 Earnings — Elme Communities Revenue & Financial Results | Market Cap Arena

ELMEElme Communities

$191M

Q4 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$59M+5.9% YoY

Gross Profit

$12M20.9% margin

Operating Income

$6M10.7% margin

Net Income

-$3M-5.3% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$746M

Stockholders' Equity

$1.2B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$56M	+5.9%
Gross Profit	$12M	$35M	-64.8%
Operating Income	$6M	$3M	+127.3%
Net Income	-$3M	-$4M	+12.1%

Revenue Segments

Corporate and Other

$9M100%