Published on 1 May 2024 on GuruFocus.com via Yahoo Finance
Net Income: Reported $1.41 million, down 17.9% from $1.71 million in the previous year, falling short of the estimated -$1.66 million.Revenue: Totaled $11.99 million, a decrease of 5.4% year-over-year, falling below the estimated $12.15 million.Adjusted Funds From Operations (AFFO): Increased by 79.6% to $2.78 million from $1.55 million, with AFFO per share doubling to $0.06.Adjusted EBITDAre: Grew 21.1% to $8.58 million from $7.09 million in the prior year.Dividends: Declared a quarterly cash dividend of $0.06 per share, consistent with the previous year.Net Operating Income (NOI): Slightly increased by 1.1% to $9.65 million from $9.54 million.Balance Sheet: Total assets increased to $1.03 billion from $1.02 billion at the end of the previous year.
Warning! GuruFocus has detected 6 Warning Signs with FPI.