LANDGladstone Land Corporation

$496M

Q3 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$11M+37.4% YoY

Gross Profit

$10M95.1% margin

Operating Income

$5M49.4% margin

Net Income

$517,0004.7% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+31.7%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$757M

Total Liabilities

$504M

Stockholders' Equity

$251M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$8M	+37.4%
Gross Profit	$10M	$7M	+41.6%
Operating Income	$5M	$3M	+62.5%
Net Income	$517,000	$6M	-90.9%

LAND Q3 2019 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena