UMH Q1 2024 Earnings — UMH Properties, Inc. Revenue & Financial Results | Market Cap Arena

UMHUMH Properties, Inc.

$1B

Q1 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$58M+9.6% YoY

Gross Profit

$31M53.8% margin

Operating Income

$9M16.1% margin

Net Income

-$2M-2.8% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$19M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$699M

Stockholders' Equity

$715M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$53M	+9.6%
Gross Profit	$31M	$28M	+12.7%
Operating Income	$9M	$7M	+25.9%
Net Income	-$2M	-$1M	-8.9%