VRE FY 2022 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2022 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$213M+9.6% YoY

Gross Profit

$115M53.7% margin

Operating Income

-$19M-9.0% margin

Net Income

-$52M-24.4% margin

EPS (Diluted)

$-0.63

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

-$116M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$213M	$195M	+9.6%
Gross Profit	$115M	$99M	+15.5%
Operating Income	-$19M	-$26M	+26.8%
Net Income	-$52M	-$119M	+56.3%