WSR Q1 2022 Earnings — Whitestone REIT Revenue & Financial Results | Market Cap Arena

WSRWhitestone REIT

$829M

Q1 2022 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$34M+18.5% YoY

Gross Profit

$24M70.7% margin

Operating Income

$21M61.8% margin

Net Income

$7M20.6% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

-$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$690M

Stockholders' Equity

$398M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$29M	+18.5%
Gross Profit	$24M	$20M	+20.7%
Operating Income	$21M	$8M	+183.1%
Net Income	$7M	$1M	+400.2%