GMRE (Global Medical REIT Inc.) Stock Financials & Earnings | Market Cap Arena

GMRE (Global Medical REIT Inc.) Stock Financials & Earnings | Market Cap Arena

GMREGlobal Medical REIT Inc.

Mkt Cap$478M

Real Estate·REIT - Healthcare Facilities·🇺🇸 United States·NYSE

Revenue (TTM)$148M

Net Income (TTM)-$12M

EPS (TTM)-$0.51

Free Cash Flow (TTM)-$36M

Gross Margin49.9%

Op. Margin20.5%

Net Margin-8.2%

FCF Margin-24.3%

P/S Ratio (TTM)3.2x

P/E Ratio (TTM)—

YoY Rev Growth+7.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$36M	$29M	$10M
Q2 23	$36M	$36M	$23M
Q3 23	$35M	$28M	$0
Q4 23	$33M	$27M	$8M
Q1 24	$35M	$28M	$9M
Q2 24	$34M	$27M	$8M
Q3 24	$34M	$27M	$9M
Q4 24	$35M	$28M	$6M
Q1 25	$35M	$27M	$10M
Q2 25	$38M	$30M	$8M
Q3 25	$41M	$17M	$12M
Q4 25	$35M	$0	$0

Valuation

Quarter	P/S	P/E
Q1 23	3.4x	30.5x
Q2 23	3.3x	18.9x
Q3 23	3.3x	21.9x
Q4 23	3.4x	23.2x
Q1 24	3.4x	23.1x
Q2 24	3.5x	82.9x
Q3 24	3.5x	108.2x
Q4 24	3.5x	72.1x
Q1 25	3.5x	60.2x
Q2 25	3.4x	46.5x
Q3 25	3.2x	191.4x
Q4 25	3.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$16M	$15M
Q2 23	$18M	$16M
Q3 23	$17M	$13M
Q4 23	$18M	$14M
Q1 24	$14M	$12M
Q2 24	$19M	$16M
Q3 24	$16M	$22M
Q4 24	$21M	-$33M
Q1 25	$12M	-$22M
Q2 25	$22M	-$18M
Q3 25	$18M	$93M
Q4 25	$22M	-$88M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$809K
Q2 23	$2M
Q3 23	$3M
Q4 23	$4M
Q1 24	$2M
Q2 24	$3M
Q3 24	$5M
Q4 24	$54M
Q1 25	$35M
Q2 25	$40M
Q3 25	$75M
Q4 25	$110M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+13.7%	+15.3%
Q2 23	+7.9%	+24.7%
Q3 23	+0.2%	+41.6%
Q4 23	-9.3%	+51.2%
Q1 24	-3.2%	-1.2%
Q2 24	-5.9%	+98.6%
Q3 24	-3.7%	-28.3%
Q4 24	+6.1%	+16.2%
Q1 25	-1.4%	-3.4%
Q2 25	+10.7%	+14.4%
Q3 25	+18.7%	+10.3%
Q4 25	+0.6%	+23.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$688K	1.9%
Q2 23	$1M	3.2%
Q3 23	$1M	3.3%
Q4 23	$1M	3.7%
Q1 24	$1M	3.5%
Q2 24	$1M	3.9%
Q3 24	$1M	3.7%
Q4 24	$1M	3.7%
Q1 25	$151K	0.4%
Q2 25	$2M	4.6%
Q3 25	$1M	3.0%
Q4 25	$1M	4.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$4M	—
Q2 23	$4M	$9M
Q3 23	$4M	—
Q4 23	$4M	—
Q1 24	$4M	—
Q2 24	$5M	—
Q3 24	$4M	—
Q4 24	$8M	—
Q1 25	$4M	—
Q2 25	$6M	—
Q3 25	$5M	—
Q4 25	$5M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$23M	$0	$23M
Q2 23	$20M	$0	$20M
Q3 23	$17M	$0	$17M
Q4 23	$1M	$0	$1M
Q1 24	$1M	$0	$1M
Q2 24	$5M	$0	$5M
Q3 24	$6M	$0	$6M
Q4 24	$7M	$0	$7M
Q1 25	$5M	$0	$5M
Q2 25	$7M	$0	$7M
Q3 25	$7M	$0	$7M
Q4 25	$9M	$0	$9M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	3M	+0.0%
Q2 23	3M	+0.0%
Q3 23	3M	+0.0%
Q4 23	3M	+0.0%
Q1 24	3M	+0.0%
Q2 24	3M	+0.0%
Q3 24	3M	+0.2%
Q4 24	3M	+1.7%
Q1 25	3M	+0.1%
Q2 25	3M	+0.0%
Q3 25	13M	+400.2%
Q4 25	13M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$95K	4
FY 15	$515K	4
FY 16	$2M	4
FY 17	$15M	2
FY 18	$532K	100
FY 19	$707K	100
FY 20	$4M	22
FY 21	$4M	26
FY 22	$5M	29
FY 23	$1M	100
FY 24	$1M	100
FY 25	$1M	100