GMRE Q3 2024 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q3 2024 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$34M-3.7% YoY

Gross Profit

$27M78.2% margin

Operating Income

$9M25.5% margin

Net Income

$3M9.5% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$22M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$678M

Stockholders' Equity

$543M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$35M	-3.7%
Gross Profit	$27M	$28M	-5.4%
Operating Income	$9M	$0	—
Net Income	$3M	$5M	-29.3%