WSR Q2 2023 Earnings — Whitestone REIT Revenue & Financial Results | Market Cap Arena

WSRWhitestone REIT

$829M

Q2 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$35M+1.7% YoY

Gross Profit

$24M67.1% margin

Operating Income

$19M52.5% margin

Net Income

$11M31.9% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$17M

Stock-Based Comp.

$725,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$697M

Stockholders' Equity

$425M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$35M	+1.7%
Gross Profit	$24M	$24M	+0.5%
Operating Income	$19M	$11M	+73.4%
Net Income	$11M	$4M	+160.6%