Global Medical REIT
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Global Medical REIT's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $140,934,000. The net income raised on $20,612,000 and profit margin reached 15%. Total operating expenses were $16,897,000.

Profit Margin

Global Medical REIT Inc. (NYSE:GMRE): Profit margin
2014 380.40K -652.20K -171.45%
2015 2.06M -1.60M -78.06%
2016 8.07M -6.35M -78.64%
2017 30.22M -38K -0.13%
2018 53.19M 13.49M 25.36%
2019 70.72M -8.23M -11.65%
2020 93.73M -20.60M -21.98%
2021 115.93M -2.07M -1.79%
2022 137.28M -5.23M -3.81%
2023 140.93M 20.61M 14.63%

GMRE Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
140.93M137.28M115.93M93.73M70.72M53.19M30.22M8.07M2.06M380.40K
Cost of revenue
86.21M25.18M15.48M10.86M5.95M3.72M1.86M1.43M1.01M360K
Gross profit
54.71M112.09M100.44M82.86M64.76M49.47M28.36M6.64M1.04M20.40K
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
16.89M73.26M63.32M66.31M37.43M27.22M18.61M8.10M1.52M733.94K
Operating income
37.93M38.82M37.12M16.54M27.33M22.24M7.34M-2.21M-1.52M-652.20K
Other income (expenses), net
-16.20M-18.83M-18.77M-30.77M-17.74M7.29M-9.95M-2.19M-2.13M0
Income before tax
21.73M19.99M18.34M-2.49M9.58M14.56M-87K-6.35M-1.60M-652.20K
Income tax expense
025.23M20.41M18.10M17.82M1.07M-49K4.27M1.51M597.32K
Net income
20.61M-5.23M-2.07M-20.60M-8.23M13.49M-38K-6.35M-1.60M-652.20K
Earnings per share
Basic EPS
0.23-0.08-0.03-0.45-0.240.61-0.00-0.68-6.44-13.49
Diluted EPS
0.23-0.08-0.03-0.45-0.240.61-0.00-0.68-6.44-13.49
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