ONL Q2 2024 Earnings — Orion Properties Inc. Revenue & Financial Results | Market Cap Arena

ONLOrion Properties Inc.

$141M

Q2 2024 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$40M-22.9% YoY

Gross Profit

$24M60.7% margin

Operating Income

-$19M-46.8% margin

Net Income

-$34M-84.2% margin

EPS (Diluted)

$-0.60

QoQ Revenue Growth

-15.0%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$13M

Stock-Based Comp.

$935,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$522M

Stockholders' Equity

$816M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$52M	-22.9%
Gross Profit	$24M	$37M	-33.3%
Operating Income	-$19M	$4M	-558.9%
Net Income	-$34M	-$16M	-114.9%

Revenue Segments

Rental Revenue

$40M99%

Fees From Unconsolidated Joint Venture

$201,0001%