Elme Historical Income Statement
| ELME Stock | USD 17.36 0.18 1.05% |
Historical analysis of Elme Communities income statement accounts such as Gross Profit of 143.7 M or Other Operating Expenses of 133.6 M can show how well Elme Communities performed in making a profits. Evaluating Elme Communities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Elme Communities's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Elme Communities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Elme Communities is a good buy for the upcoming year.
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About Elme Income Statement Analysis
Elme Communities Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Elme Communities shareholders. The income statement also shows Elme investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Elme Communities Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Elme Communities generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Elme Communities minus its cost of goods sold. It is profit before Elme Communities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Elme Communities. It is also known as Elme Communities overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Elme Communities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Elme Communities current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.At present, Elme Communities' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 108.3 M, whereas Total Revenue is forecasted to decline to about 190.9 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 127.9M | 140.0M | 144.4M | 143.7M | Total Revenue | 209.4M | 227.9M | 241.9M | 190.9M |
Elme Communities income statement Correlations
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Elme Communities Account Relationship Matchups
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Elme Communities income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 164.0M | 179.6M | 211.1M | 89.0M | 95.9M | 77.7M | |
| Total Revenue | 294.1M | 169.2M | 209.4M | 227.9M | 241.9M | 190.9M | |
| Gross Profit | 181.2M | 102.2M | 127.9M | 140.0M | 144.4M | 143.7M | |
| Other Operating Expenses | 256.9M | 173.7M | 211.1M | 251.0M | 218.5M | 133.6M | |
| Operating Income | 37.2M | (484K) | (1.0M) | (23.1M) | 23.5M | 22.3M | |
| Ebit | (47.0M) | (103.1M) | (121.1M) | (22.5M) | 24.7M | 25.4M | |
| Ebitda | 117.0M | 76.5M | 90.0M | 66.4M | 120.7M | 112.6M | |
| Total Operating Expenses | 144.0M | 106.8M | 129.7M | 163.0M | 120.9M | 79.9M | |
| Total Other Income Expense Net | (37.9M) | (48.5M) | (29.1M) | (29.9M) | (36.6M) | (38.4M) | |
| Net Income | (53.0M) | (21.8M) | (60.7M) | (53.0M) | (13.1M) | (12.4M) | |
| Income Tax Expense | 37.3M | (31.4M) | 29.9M | 18.8M | 16.9M | 10.1M | |
| Selling General Administrative | 24.0M | 34.2M | 37.9M | 25.9M | 25.0M | 14.9M | |
| Income Before Tax | (15.7M) | (53.1M) | (30.9M) | (53.0M) | (13.1M) | (12.4M) | |
| Interest Expense | 37.3M | 34.1M | 24.9M | 30.4M | 37.8M | 42.6M | |
| Cost Of Revenue | 112.9M | 66.9M | 81.4M | 87.9M | 97.6M | 108.3M | |
| Research Development | 0.09 | 0.23 | 0.31 | 0.15 | 0.26 | 0.2 | |
| Net Interest Income | (37.3M) | (34.1M) | (24.9M) | (30.4M) | (37.8M) | (39.7M) | |
| Net Income From Continuing Ops | (15.7M) | (53.1M) | (30.9M) | (53.0M) | (13.1M) | (13.8M) | |
| Reconciled Depreciation | 120.0M | 95.6M | 91.7M | 89.0M | 95.9M | 86.2M | |
| Net Income Applicable To Common Shares | 381.6M | (16.2M) | 16.0M | (30.9M) | (27.8M) | (26.4M) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elme Communities. If investors know Elme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.72 | Earnings Share (0.15) | Revenue Per Share | Quarterly Revenue Growth 0.041 | Return On Assets |
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.