GMRE Q1 2022 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q1 2022 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$32M+16.5% YoY

Gross Profit

$27M83.1% margin

Operating Income

$9M28.6% margin

Net Income

$4M12.9% margin

EPS (Diluted)

$1.57

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$9M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$633M

Stockholders' Equity

$638M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$27M	+16.5%
Gross Profit	$27M	$27M	-2.9%
Operating Income	$9M	$19M	-52.5%
Net Income	$4M	$3M	+28.2%