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Global Medical REIT Inc. (GMRE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Rental revenue        8.12.0
    Other        0.10.0
Total revenues   [+]137.3115.993.770.753.230.38.22.1
            Revenue growth   [+]18.4%23.7%32.5%33.0%75.3%269.6%298.2%245.6%
Cost of goods sold  0.00.00.00.00.00.00.80.6
Gross profit  137.3115.993.770.753.230.37.51.4
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%90.8%69.6%
Selling, general and administrative   [+]16.516.511.96.55.55.54.20.4
Other operating expenses  42.328.738.918.14.59.65.51.1
EBITDA   [+]78.570.842.946.143.215.30.10.6
            EBITDA margin  57.2%61.1%45.8%65.2%81.2%50.3%1.5%27.6%
Depreciation and amortization  40.033.826.719.113.67.92.30.7
EBIT   [+]38.537.016.227.129.57.3-2.2-0.1
            EBIT margin  28.0%31.9%17.3%38.3%55.5%24.2%-27.0%-4.4%
Interest expense  25.219.718.717.515.07.44.11.5
Pre-tax income  13.217.3-2.59.614.6-0.1-6.4-1.6
Income taxes  6.516.2-2.50.00.00.00.00.0
            Tax rate  49.0%93.8%100.0%0.0%0.0%0.0%0.0%0.0%
Minority interest  -0.9-0.70.6-0.4-1.10.0  
Earnings from continuing ops  6.610.7-7.73.47.7-1.8-6.4-1.6
Earnings from discontinued ops  6.81.1      
Net income  13.311.8-7.73.47.7-1.8-6.4-1.6
            Net margin  9.7%10.2%-8.3%4.8%14.4%-5.8%-77.4%-78.0%
   
Basic EPS   [+]$0.10$0.18($0.17)$0.10$0.35($0.09)($0.68)($6.44)
Diluted EPS   [+]$0.10$0.18($0.17)$0.10$0.35($0.09)($0.68)($6.44)
   
Dividends per share   [+]$0.09$0.10$0.13$0.17$0.26$0.04  
   
Shares outstanding (basic)   [+]65.560.646.333.922.019.69.30.3
Shares outstanding (diluted)   [+]65.560.646.333.922.019.69.30.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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