GMRE Q3 2023 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q3 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$35M+0.2% YoY

Gross Profit

$28M79.6% margin

Operating Income

$00.0% margin

Net Income

$5M12.9% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$13M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$669M

Stockholders' Equity

$611M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$35M	+0.2%
Gross Profit	$28M	$29M	-1.6%
Operating Income	$0	$10M	-100.0%
Net Income	$5M	$8M	-43.0%