GMRE Q2 2022 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q2 2022 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$34M+19.2% YoY

Gross Profit

$34M99.7% margin

Operating Income

$23M69.1% margin

Net Income

$4M11.0% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

-$53M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$708M

Stockholders' Equity

$634M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$28M	+19.2%
Gross Profit	$34M	$28M	+19.2%
Operating Income	$23M	$21M	+12.9%
Net Income	$4M	$4M	-7.9%