ONL Q3 2023 Earnings — Orion Properties Inc. Revenue & Financial Results | Market Cap Arena

ONLOrion Properties Inc.

$141M

Q3 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$49M-5.2% YoY

Gross Profit

$34M68.4% margin

Operating Income

$2M4.5% margin

Net Income

-$17M-33.7% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$20M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$595M

Stockholders' Equity

$908M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$52M	-5.2%
Gross Profit	$34M	$36M	-7.9%
Operating Income	$2M	-$899,000	+343.6%
Net Income	-$17M	-$53M	+68.9%

Revenue Segments

Rental Revenue

$49M100%

Fees From Unconsolidated Joint Venture

$200,0000%