LAND Q3 2023 Earnings — Gladstone Land Corporation Revenue & Financial Results | Market Cap Arena

LANDGladstone Land Corporation

$503M

Q3 2023 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$24M-2.8% YoY

Gross Profit

$23M96.9% margin

Operating Income

$9M39.9% margin

Net Income

$3M13.3% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

$80,000

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$675M

Stockholders' Equity

$731M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$24M	-2.8%
Gross Profit	$23M	$24M	-3.0%
Operating Income	$9M	$10M	-10.4%
Net Income	$3M	$2M	+74.1%