LAND Q2 2023 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q2 2023 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$21M+4.5% YoY

Gross Profit

$20M95.8% margin

Operating Income

$8M36.9% margin

Net Income

$8M37.0% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$694M

Stockholders' Equity

$735M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$20M	+4.5%
Gross Profit	$20M	$20M	+3.7%
Operating Income	$8M	$8M	-3.8%
Net Income	$8M	$616,000	+1175.2%