LTC Q1 2023 Earnings — LTC Properties, Inc. Revenue & Financial Results | Market Cap Arena

LTCLTC Properties, Inc.

$2B

Q1 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$50M+21.4% YoY

Gross Profit

$46M93.3% margin

Operating Income

$33M67.0% margin

Net Income

$33M66.9% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$15M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$934M

Stockholders' Equity

$839M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$41M	+21.4%
Gross Profit	$46M	$37M	+25.5%
Operating Income	$33M	$14M	+134.8%
Net Income	$33M	$14M	+129.9%