GNL Q3 2024 Earnings — Global Net Lease, Inc. Revenue & Financial Results | Market Cap Arena

GNLGlobal Net Lease, Inc.

$2B

Q3 2024 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$197M+66.3% YoY

Gross Profit

$163M82.9% margin

Operating Income

$18M9.1% margin

Net Income

-$66M-33.4% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+35.1%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$48M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$5.1B

Stockholders' Equity

$2.3B

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$197M	$118M	+66.3%
Gross Profit	$163M	$105M	+56.0%
Operating Income	$18M	-$96M	+118.8%
Net Income	-$66M	-$136M	+51.8%

Revenue Segments

Office Segment

$36M100%