WSR Q2 2022 Earnings — Whitestone REIT Revenue & Financial Results | Market Cap Arena

WSRWhitestone REIT

$829M

Q2 2022 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$35M+13.2% YoY

Gross Profit

$24M67.9% margin

Operating Income

$11M30.8% margin

Net Income

$4M12.4% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$13M

Stock-Based Comp.

$783,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$683M

Stockholders' Equity

$400M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$31M	+13.2%
Gross Profit	$24M	$21M	+11.7%
Operating Income	$11M	$16M	-34.8%
Net Income	$4M	$5M	-15.4%