GMRE Q4 2023 Earnings — Global Medical REIT Inc. Revenue & Financial Results | Market Cap Arena

GMREGlobal Medical REIT Inc.

$478M

Q4 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$33M-9.3% YoY

Gross Profit

$27M81.5% margin

Operating Income

$8M25.4% margin

Net Income

$616,0001.9% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$662M

Stockholders' Equity

$584M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$36M	-9.3%
Gross Profit	$27M	$36M	-25.8%
Operating Income	$8M	$20M	-58.3%
Net Income	$616,000	$2M	-66.2%