NLOP Q2 2024 Earnings — Net Lease Office Properties Revenue & Financial Results | Market Cap Arena

NLOPNet Lease Office Properties

$210M

Q2 2024 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$39M-8.8% YoY

Gross Profit

$28M70.7% margin

Operating Income

$11M27.1% margin

Net Income

$12M31.9% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$380M

Stockholders' Equity

$660M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$43M	-8.8%
Gross Profit	$28M	$43M	-35.5%
Operating Income	$11M	$38M	-71.8%
Net Income	$12M	$4M	+225.5%

Geographic Segments

UNITED STATES

$37M95%

Non-US

$2M5%