LAND Q1 2017 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$496M

Q1 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$6M+56.1% YoY

Gross Profit

$6M95.7% margin

Operating Income

$3M45.3% margin

Net Income

$152,0002.6% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+16.9%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$387M

Total Liabilities

$281M

Stockholders' Equity

$94M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$4M	+56.1%
Gross Profit	$6M	$4M	+57.1%
Operating Income	$3M	$1M	+86.0%
Net Income	$152,000	$234,416	-35.2%

Geographic Segments

CALIFORNIA

$3M50%

FLORIDA

$2M27%

COLORADO

$673,00012%

OREGON

$294,0005%

ARIZONA

$186,0003%

NEBRASKA

$145,0003%

MICHIGAN

$62,0001%