ONL Q1 2023 Earnings — Orion Properties Inc. Revenue & Financial Results | Market Cap Arena

ONLOrion Properties Inc.

$141M

Q1 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$50M-5.7% YoY

Gross Profit

$35M69.4% margin

Operating Income

$2M4.7% margin

Net Income

-$9M-17.7% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$8M

Stock-Based Comp.

$526,000

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$587M

Stockholders' Equity

$959M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$53M	-5.7%
Gross Profit	$35M	$38M	-8.0%
Operating Income	$2M	$22,000	+10677.3%
Net Income	-$9M	-$10M	+10.3%

Revenue Segments

Rental Revenue

$50M100%

Fees From Unconsolidated Joint Venture

$200,0000%