ONL Q2 2023 Earnings — Orion Properties Inc. Revenue & Financial Results | Market Cap Arena

ONLOrion Properties Inc.

$141M

Q2 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$52M-1.6% YoY

Gross Profit

$37M70.2% margin

Operating Income

$4M7.9% margin

Net Income

-$16M-30.2% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$29M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$590M

Stockholders' Equity

$936M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$53M	-1.6%
Gross Profit	$37M	$38M	-3.1%
Operating Income	$4M	$574,000	+613.4%
Net Income	-$16M	-$16M	-1.0%

Revenue Segments

Rental Revenue

$52M100%

Fees From Unconsolidated Joint Venture

$200,0000%