GMRE Q2 2023 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q2 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$36M+7.9% YoY

Gross Profit

$36M100.0% margin

Operating Income

$23M64.2% margin

Net Income

$13M36.5% margin

EPS (Diluted)

$4.50

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$16M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$679M

Stockholders' Equity

$620M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$34M	+7.9%
Gross Profit	$36M	$34M	+8.2%
Operating Income	$23M	$23M	+0.3%
Net Income	$13M	$4M	+259.7%