WSR Q1 2023 Earnings — Whitestone REIT Revenue & Financial Results | Market Cap Arena

WSRWhitestone REIT

$829M

Q1 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$36M+3.6% YoY

Gross Profit

$25M69.7% margin

Operating Income

$20M55.5% margin

Net Income

$4M10.8% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$755,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$675M

Stockholders' Equity

$413M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$34M	+3.6%
Gross Profit	$25M	$24M	+2.2%
Operating Income	$20M	$21M	-7.1%
Net Income	$4M	$7M	-45.6%