WSR Q1 2024 Earnings — Whitestone REIT Revenue & Financial Results | Market Cap Arena

WSRWhitestone REIT

$829M

Q1 2024 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$38M+5.9% YoY

Gross Profit

$27M72.0% margin

Operating Income

$12M32.3% margin

Net Income

$9M24.7% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$936,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$694M

Stockholders' Equity

$422M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$36M	+5.9%
Gross Profit	$27M	$25M	+9.3%
Operating Income	$12M	$20M	-38.3%
Net Income	$9M	$4M	+142.8%