IIPR Q1 2022 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q1 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$65M+50.4% YoY

Gross Profit

$63M96.9% margin

Operating Income

$40M61.8% margin

Net Income

$35M54.3% margin

EPS (Diluted)

$1.31

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$60M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$461M

Stockholders' Equity

$1.6B

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$43M	+50.4%
Gross Profit	$63M	$42M	+48.5%
Operating Income	$40M	$28M	+44.1%
Net Income	$35M	$26M	+35.2%