UMH Q1 2023 Earnings — UMH Properties, Inc. Revenue & Financial Results | Market Cap Arena

UMHUMH Properties, Inc.

$1B

Q1 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$53M+14.7% YoY

Gross Profit

$28M52.3% margin

Operating Income

$7M14.0% margin

Net Income

-$1M-2.8% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$14M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$779M

Stockholders' Equity

$589M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$46M	+14.7%
Gross Profit	$28M	$25M	+11.0%
Operating Income	$7M	$8M	-8.4%
Net Income	-$1M	$3M	-144.6%