LAND Q2 2018 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$496M

Q2 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$11M+90.0% YoY

Gross Profit

$11M97.2% margin

Operating Income

$2M21.7% margin

Net Income

-$2M-15.3% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

+23.2%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$475M

Total Liabilities

$340M

Stockholders' Equity

$129M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$6M	+90.0%
Gross Profit	$11M	$6M	+92.5%
Operating Income	$2M	$3M	-14.9%
Net Income	-$2M	$227,000	-867.4%

Geographic Segments

CALIFORNIA

$6M51%

FLORIDA

$4M30%

COLORADO

$1M12%

ARIZONA

$955,0008%