LAND Q2 2024 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q2 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$21M+0.4% YoY

Gross Profit

$20M94.3% margin

Operating Income

$8M36.9% margin

Net Income

-$823,000-3.9% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$644M

Stockholders' Equity

$708M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$21M	+0.4%
Gross Profit	$20M	$20M	-1.2%
Operating Income	$8M	$8M	+0.5%
Net Income	-$823,000	$8M	-110.5%