GMRE Q2 2024 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q2 2024 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$34M-5.9% YoY

Gross Profit

$27M78.9% margin

Operating Income

$8M24.5% margin

Net Income

-$2M-4.9% margin

EPS (Diluted)

$-1.74

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$16M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$663M

Stockholders' Equity

$556M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$36M	-5.9%
Gross Profit	$27M	$36M	-25.8%
Operating Income	$8M	$23M	-64.0%
Net Income	-$2M	$13M	-112.7%