LAND Q2 2021 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$496M

Q2 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$17M+33.7% YoY

Gross Profit

$16M94.6% margin

Operating Income

$7M43.8% margin

Net Income

-$530,000-3.1% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$720M

Stockholders' Equity

$479M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$13M	+33.7%
Gross Profit	$16M	$12M	+34.1%
Operating Income	$7M	$6M	+19.6%
Net Income	-$530,000	$184,000	-388.0%