UMH Q2 2024 Earnings — UMH Properties, Inc. Revenue & Financial Results | Market Cap Arena

UMHUMH Properties, Inc.

$1B

Q2 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$60M+9.1% YoY

Gross Profit

$33M55.2% margin

Operating Income

$11M18.3% margin

Net Income

$5M8.7% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$19M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$697M

Stockholders' Equity

$742M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$55M	+9.1%
Gross Profit	$33M	$30M	+12.7%
Operating Income	$11M	$9M	+23.6%
Net Income	$5M	-$367,000	+1527.5%