GMRE Q1 2024 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q1 2024 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$35M-3.2% YoY

Gross Profit

$28M78.9% margin

Operating Income

$9M26.1% margin

Net Income

$2M6.4% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$12M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$666M

Stockholders' Equity

$575M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$36M	-3.2%
Gross Profit	$28M	$29M	-3.5%
Operating Income	$9M	$10M	-8.5%
Net Income	$2M	$2M	+5.7%