NLOPNet Lease Office Properties

$210M

Q1 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$43M+16.4% YoY

Gross Profit

$43M100.0% margin

Operating Income

$37M87.1% margin

Net Income

$4M8.8% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-24.4%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$20M

Stock-Based Comp.

$775,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$338M

Stockholders' Equity

$1.1B

Cash & Equivalents

-$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$37M	+16.4%
Gross Profit	$43M	$37M	+16.4%
Operating Income	$37M	$32M	+16.1%
Net Income	$4M	$6M	-40.8%

NLOP Q1 2023 Earnings — Net Lease Office Properties Revenue & Financial Results | Market Cap Arena