← Elme Communities
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $313.3m |
$325.1m
+3.77%
|
$336.9m
+3.63%
|
$309.2m
-8.23%
|
$294.1m
-4.87%
|
$169.2m
-42.49%
|
$209.4m
+23.78%
|
$227.9m
+8.85%
|
$241.9m
+6.15%
|
$206.4m
-14.70%
|
$247.0m
+19.67%
|
|
| Gains (Losses) on Sales of Investment Real Estate | $101.7m | $23.8m | — | — | — | $0 | $0 | — | — | — | — | |
| Cost of Revenue | $115.0m |
$105.4m
-8.36%
|
$116.2m
+10.28%
|
$115.6m
-0.56%
|
$112.9m
-2.31%
|
$60.8m
-46.17%
|
$74.0m
+21.75%
|
$79.8m
+7.88%
|
$88.7m
+11.11%
|
$76.6m
-13.64%
|
$100.5m
+31.24%
|
|
| Gross Profit (derived) | $198.3m |
$219.7m
+10.81%
|
$220.7m
+0.45%
|
$193.6m
-12.26%
|
$181.2m
-6.40%
|
$108.4m
-40.20%
|
$135.4m
+24.92%
|
$148.1m
+9.38%
|
$153.2m
+3.48%
|
$129.8m
-15.32%
|
$146.4m
+12.84%
|
|
| General and Administrative Expense | $19.5m | $22.6m | $22.1m | $24.4m | $24.0m | $27.5m | $28.3m | $25.9m | $25.0m | $54.6m | $37.3m | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $171.5m |
$66.6m
-61.19%
|
$78.0m
+17.12%
|
$82.9m
+6.30%
|
$22.2m
-73.19%
|
($4.6m)
-120.67%
|
($1.7m)
+62.49%
|
($23.1m)
-1238.54%
|
$23.5m
+201.76%
|
($122.2m)
-620.72%
|
$15.0m
+112.25%
|
|
| Interest Expense, Debt | — | — | — | — | $3.0m | $390k | $912k | $4.4m | $10.5m | $8.4m | $38.0m | |
| Other Nonoperating Income (Expense) | $297k | $507k | $0 | $0 | — | — | — | — | — | — | — | |
| Interest Expense (non-operating) | $53.1m | $47.5m | $51.1m | $53.7m | $37.3m | $34.1m | $24.9m | $30.4m | $37.8m | $32.0m | $38.0m | |
| Total other income (expense) | ($52.2m) | ($46.9m) | ($52.3m) | ($53.7m) | ($37.9m) | ($48.5m) | ($29.1m) | ($29.9m) | ($36.6m) | ($32.0m) | — | |
| Income Tax Expense (Benefit) | ($615k) | ($84k) | $0 | $0 | — | — | — | — | — | — | — | |
| Net loss | $119.3m | $19.6m | $25.6m | $383.6m | — | — | ($30.9m) | ($53.0m) | ($13.1m) | ($154.2m) | — | |
| Net Income (Loss) Attributable to Parent | $119.3m |
$19.7m
-83.52%
|
$25.6m
+30.31%
|
$383.6m
+1396.49%
|
($15.7m)
-104.09%
|
$16.4m
+204.49%
|
($30.9m)
-288.40%
|
($53.0m)
-71.62%
|
($13.1m)
+75.27%
|
($154.2m)
-1076.54%
|
($135.1m)
+12.38%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | — | — | ($13.4m) |
($154.4m)
-1053.26%
|
($135.1m)
+12.52%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($51k) | ($56k) | $0 | $0 | — | — | — | — | — | — | ($135.1m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $310k | $362k | $526k | — | — | — | — | — | — | $260k | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $0 | $0 | $0 | ($0) | ($1) | ($0) | ($1) | ($0) | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $0 | $0 | $0 | ($0) | ($1) | ($0) | ($1) | ($0) | — | — | |
| Earnings Per Share, Basic | $1.65 | $0.25 | $0.32 | $4.75 | ($0.20) | $0.19 | ($0.36) | ($0.61) | ($0.15) | ($1.75) | ($1.53) | |
| Earnings Per Share, Diluted | $1.65 | $0.25 | $0.32 | $4.75 | ($0.20) | $0.19 | ($0.36) | ($0.61) | ($0.15) | ($1.75) | ($1.53) | |
| Common Stock, Dividends, Per Share, Declared | $1.20 | $1.20 | $1.20 | $1.20 | $1.20 | $0.94 | $0.68 | $0.72 | $0.72 | $0.54 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 72.2m | 76.8m | 79.0m | 80.3m | 82.3m | 84.5m | 87.4m | 87.7m | 87.9m | 88.1m | 88.2m | |
| Weighted average shares outstanding – basic (in shares) | 72.2m | 76.8m | 79.0m | 80.3m | 82.3m | 84.5m | 87.4m | 87.7m | 87.9m | 88.1m | — | |
| Weighted average shares outstanding – diluted (in shares) | 72.3m | 76.9m | 79.0m | 80.3m | 82.3m | 84.5m | 87.4m | 87.7m | 87.9m | 88.1m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 72.3m | 76.9m | 79.0m | 80.3m | 82.3m | 84.5m | 87.4m | 87.7m | 87.9m | 88.1m | 88.2m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $1.2m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Property operating and maintenance | — | — | — | $40.4m | $39.6m | $38.7m | $47.5m | $51.0m | $56.3m | $50.0m | — | |
| Real estate taxes and insurance | — | — | — | $22.9m | $23.4m | $22.0m | $26.5m | $28.8m | $32.4m | $26.6m | — | |
| Property management | — | — | — | $6.1m | $6.1m | $6.1m | $7.4m | $8.1m | $8.9m | $7.5m | — | |
| Transformation costs | — | — | — | $0 | $0 | $6.6m | $9.7m | $6.3m | $0 | $0 | — | |
| Depreciation and amortization | $108.4m | $112.1m | $121.2m | $136.3m | $120.0m | $72.7m | $91.7m | $89.0m | $95.9m | $78.2m | $94.2m | |
| Real estate impairment | — | $33.2m | $1.9m | $8.4m | $0 | $0 | $0 | $41.9m | $0 | $111.7m | — | |
| Real estate operating (loss) income | $171.5m | $66.6m | $78.0m | $82.9m | $22.2m | ($4.6m) | ($1.7m) | ($23.1m) | $23.5m | ($122.2m) | — | |
| Loss on extinguishment of debt, net | $0 | $0 | ($1.2m) | $0 | ($34k) | ($12.7m) | ($4.9m) | ($54k) | ($147k) | $0 | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | $16.2m | $0 | $23.1m | $0 | $0 | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $119.3m | — | — | $29.1m | ($15.7m) | ($53.1m) | ($30.9m) | ($53.0m) | ($13.1m) | ($154.2m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | $354.4m | $0 | $69.5m | $0 | $0 | — | — | — | |
| Total expenses | $243.5m | $283.4m | $261.4m | $286.3m | $256.9m | $173.7m | $211.1m | $251.0m | $218.5m | $328.6m | $232.0m |