NLOP Q4 2023 Earnings — Net Lease Office Properties Revenue & Financial Results | Market Cap Arena

NLOPNet Lease Office Properties

$210M

Q4 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$46M-17.8% YoY

Gross Profit

$43M92.7% margin

Operating Income

$39M84.9% margin

Net Income

-$142M-306.2% margin

EPS (Diluted)

$-9.72

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$552,000

Stock-Based Comp.

$338,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$624M

Stockholders' Equity

$677M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$56M	-17.8%
Gross Profit	$43M	$44M	-2.7%
Operating Income	$39M	$2M	+1911.7%
Net Income	-$142M	-$68M	-108.2%

Geographic Segments

UNITED STATES

$121M91%

Non-US

$11M9%