GMRE Q3 2022 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q3 2022 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$35M+18.1% YoY

Gross Profit

$29M81.1% margin

Operating Income

$10M29.2% margin

Net Income

$8M22.8% margin

EPS (Diluted)

$3.00

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

-$35M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$742M

Stockholders' Equity

$649M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$30M	+18.1%
Gross Profit	$29M	$30M	-4.1%
Operating Income	$10M	$22M	-53.2%
Net Income	$8M	$5M	+56.6%