LAND Q2 2017 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$496M

Q2 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$6M+41.3% YoY

Gross Profit

$6M96.0% margin

Operating Income

$3M48.5% margin

Net Income

$227,0003.8% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$777,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$417M

Total Liabilities

$313M

Stockholders' Equity

$93M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$4M	+41.3%
Gross Profit	$6M	$4M	+40.8%
Operating Income	$3M	$2M	+82.3%
Net Income	$227,000	$107,813	+110.5%

Geographic Segments

ARIZONA

$512,000100%