UMH Q2 2023 Earnings — UMH Properties, Inc. Revenue & Financial Results | Market Cap Arena

UMHUMH Properties, Inc.

$1B

Q2 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$55M+12.3% YoY

Gross Profit

$30M53.4% margin

Operating Income

$9M16.1% margin

Net Income

-$367,000-0.7% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$40M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$756M

Stockholders' Equity

$636M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$49M	+12.3%
Gross Profit	$30M	$25M	+15.9%
Operating Income	$9M	$8M	+12.0%
Net Income	-$367,000	-$7M	+94.5%