LTC Q2 2023 Earnings — LTC Properties, Inc. Revenue & Financial Results | Market Cap Arena

LTCLTC Properties, Inc.

$2B

Q2 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$48M+12.1% YoY

Gross Profit

$45M93.4% margin

Operating Income

$6M12.9% margin

Net Income

$6M12.8% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$28M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$999M

Stockholders' Equity

$825M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48M	$43M	+12.1%
Gross Profit	$45M	$39M	+15.5%
Operating Income	$6M	$54M	-88.5%
Net Income	$6M	$54M	-88.6%