IIPR Q2 2021 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q2 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$49M+100.7% YoY

Gross Profit

$48M99.0% margin

Operating Income

$33M67.4% margin

Net Income

$29M60.0% margin

EPS (Diluted)

$1.17

QoQ Revenue Growth

+13.9%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

-$41M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$576M

Stockholders' Equity

$1.5B

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$24M	+100.7%
Gross Profit	$48M	$24M	+102.2%
Operating Income	$33M	$14M	+132.4%
Net Income	$29M	$13M	+120.4%