LAND Q1 2024 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q1 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$20M-4.5% YoY

Gross Profit

$19M95.7% margin

Operating Income

$7M35.9% margin

Net Income

$14M67.0% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-17.2%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$640M

Stockholders' Equity

$723M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$21M	-4.5%
Gross Profit	$19M	$20M	-3.5%
Operating Income	$7M	$7M	-2.5%
Net Income	$14M	$2M	+675.3%