Elme Communities

ELMES · OTCM

CIK 104894fmd_1EBWDD0BBNTM8THZVQGTA1DPZ5Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2008 to Jun 30, 2026, 70 periods

Income Statement · Annual · Millions · USD
Line item	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Total revenues	–	313	280	292	177	176	169	209	228	242
Cost of revenue	–	115	105	106	63	63	61	74	80	89
Real estate taxes	37	–	–	–	–	–	–	–	–	–
Gross profit	–	198	175	186	113	113	108	135	148	153
Depreciation and amortization	109	108	101	112	83	70	73	92	89	96
Gain on sale of real estate	90	102	25	2	399	(15)	46	0	0	–
Impairment of real estate	6	–	33	2	8	0	0	0	42	0
Funds from operations (NAREIT definition, derived)	115	126	129	137	76	70	43	61	78	83
Operating income	148	172	43	53	49	(2)	(5)	(2)	(23)	23
Interest expense	60	53	47	51	54	37	34	25	30	38
Other non-operating income (expense)	(59)	(52)	(46)	(52)	(54)	(38)	(49)	(29)	(30)	(37)
Income tax expense	0	(1)	(0)	0	0	–	–	–	–	–
Net income from continuing operations	89	119	(4)	1	(4)	(40)	(53)	(31)	(53)	(13)
Net income	90	119	20	26	384	(16)	16	(31)	(53)	(13)
Net income to common shareholders	–	–	–	–	–	–	–	(31)	(53)	(13)