LAND Q3 2022 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q3 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$24M+23.6% YoY

Gross Profit

$24M97.1% margin

Operating Income

$10M43.3% margin

Net Income

$2M7.5% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+19.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$731M

Stockholders' Equity

$707M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$20M	+23.6%
Gross Profit	$24M	$19M	+24.4%
Operating Income	$10M	$8M	+25.2%
Net Income	$2M	$1M	+20.7%