LAND Q2 2019 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$496M

Q2 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$8M-26.6% YoY

Gross Profit

$8M93.0% margin

Operating Income

$4M49.3% margin

Net Income

$173,0002.1% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$662,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$629M

Total Liabilities

$397M

Stockholders' Equity

$231M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$11M	-26.6%
Gross Profit	$8M	$11M	-29.8%
Operating Income	$4M	$2M	+66.7%
Net Income	$173,000	-$2M	+109.9%