VRE FY 2021 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2021 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$195M-37.9% YoY

Gross Profit

$99M51.0% margin

Operating Income

-$26M-13.5% margin

Net Income

-$119M-61.2% margin

EPS (Diluted)

$-1.39

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

-$9M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$2.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$314M	-37.9%
Gross Profit	$99M	$172M	-42.4%
Operating Income	-$26M	-$24M	-11.7%
Net Income	-$119M	-$55M	-115.2%