LAND Q2 2022 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q2 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$20M+20.1% YoY

Gross Profit

$20M96.6% margin

Operating Income

$8M40.1% margin

Net Income

$616,0003.0% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$758M

Stockholders' Equity

$652M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$17M	+20.1%
Gross Profit	$20M	$16M	+22.6%
Operating Income	$8M	$7M	+9.9%
Net Income	$616,000	-$530,000	+216.2%