NLOP Q2 2023 Earnings — Net Lease Office Properties Revenue & Financial Results | Market Cap Arena

NLOPNet Lease Office Properties

$210M

Q2 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$43M+16.8% YoY

Gross Profit

$43M100.0% margin

Operating Income

$38M87.8% margin

Net Income

$4M8.9% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$20M

Stock-Based Comp.

$838,000

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$661M

Stockholders' Equity

$805M

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$37M	+16.8%
Gross Profit	$43M	$37M	+16.8%
Operating Income	$38M	$32M	+17.3%
Net Income	$4M	$6M	-39.5%