LAND Q1 2021 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q1 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$16M+4.9% YoY

Gross Profit

$16M97.3% margin

Operating Income

$6M38.2% margin

Net Income

$553,0003.4% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$717M

Stockholders' Equity

$416M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$15M	+4.9%
Gross Profit	$16M	$15M	+5.7%
Operating Income	$6M	$7M	-14.9%
Net Income	$553,000	$3M	-81.9%