GNL Q3 2023 Earnings — Global Net Lease, Inc. Revenue & Financial Results | Market Cap Arena

GNLGlobal Net Lease, Inc.

$2B

Q3 2023 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$118M+27.6% YoY

Gross Profit

$105M88.5% margin

Operating Income

-$96M-80.9% margin

Net Income

-$136M-115.2% margin

EPS (Diluted)

$-1.09

QoQ Revenue Growth

+23.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$15M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$5.4B

Stockholders' Equity

$2.8B

Cash & Equivalents

$133M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$93M	+27.6%
Gross Profit	$105M	$85M	+23.2%
Operating Income	-$96M	$29M	-429.4%
Net Income	-$136M	$15M	-1017.8%

Revenue Segments

Office Segment

$39M100%