LAND Q1 2022 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q1 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$20M+24.4% YoY

Gross Profit

$19M96.5% margin

Operating Income

$7M33.0% margin

Net Income

$1M5.9% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-12.5%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$754M

Stockholders' Equity

$630M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$16M	+24.4%
Gross Profit	$19M	$16M	+23.3%
Operating Income	$7M	$6M	+7.4%
Net Income	$1M	$553,000	+113.0%