IIPR Q4 2021 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q4 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$59M+58.9% YoY

Gross Profit

$57M96.9% margin

Operating Income

$38M65.3% margin

Net Income

$29M48.6% margin

EPS (Diluted)

$1.14

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$47M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$473M

Stockholders' Equity

$1.6B

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$37M	+58.9%
Gross Profit	$57M	$36M	+58.3%
Operating Income	$38M	$23M	+68.2%
Net Income	$29M	$21M	+34.2%