American Finance Trust Inc
NASDAQ:AFIN
Income Statement
Earnings Waterfall
American Finance Trust Inc
Revenue
|
329.9m
USD
|
Cost of Revenue
|
-85.6m
USD
|
Gross Profit
|
244.3m
USD
|
Operating Expenses
|
-167.1m
USD
|
Operating Income
|
77.2m
USD
|
Other Expenses
|
-87.7m
USD
|
Net Income
|
-10.5m
USD
|
Income Statement
American Finance Trust Inc
Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||
Revenue |
178
N/A
|
191
+8%
|
218
+14%
|
243
+11%
|
271
+11%
|
284
+5%
|
283
0%
|
288
+2%
|
291
+1%
|
293
+0%
|
301
+3%
|
299
-1%
|
300
+0%
|
303
+1%
|
299
-1%
|
304
+2%
|
305
+0%
|
310
+2%
|
316
+2%
|
330
+4%
|
|
Gross Profit | |||||||||||||||||||||
Cost of Revenue |
(32)
|
(36)
|
(45)
|
(53)
|
(64)
|
(71)
|
(72)
|
(76)
|
(77)
|
(77)
|
(78)
|
(77)
|
(78)
|
(79)
|
(79)
|
(81)
|
(80)
|
(82)
|
(83)
|
(86)
|
|
Gross Profit |
146
N/A
|
156
+6%
|
173
+11%
|
190
+10%
|
207
+9%
|
213
+3%
|
211
-1%
|
213
+1%
|
214
+1%
|
216
+1%
|
223
+3%
|
221
-1%
|
221
0%
|
224
+1%
|
220
-2%
|
223
+2%
|
225
+1%
|
228
+1%
|
233
+2%
|
244
+5%
|
|
Operating Income | |||||||||||||||||||||
Operating Expenses |
(112)
|
(120)
|
(137)
|
(155)
|
(175)
|
(180)
|
(177)
|
(195)
|
(191)
|
(190)
|
(188)
|
(160)
|
(158)
|
(160)
|
(164)
|
(169)
|
(170)
|
(170)
|
(166)
|
(167)
|
|
Selling, General & Administrative |
(11)
|
(13)
|
(15)
|
(17)
|
(21)
|
(21)
|
(23)
|
(47)
|
(51)
|
(54)
|
(57)
|
(35)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(35)
|
(34)
|
(37)
|
|
Depreciation & Amortization |
(101)
|
(107)
|
(122)
|
(138)
|
(154)
|
(159)
|
(154)
|
(148)
|
(140)
|
(136)
|
(131)
|
(126)
|
(125)
|
(127)
|
(130)
|
(135)
|
(135)
|
(133)
|
(130)
|
(128)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Operating Income |
34
N/A
|
36
+6%
|
36
N/A
|
35
-2%
|
33
-7%
|
33
+0%
|
35
+5%
|
18
-49%
|
23
+32%
|
26
+10%
|
35
+34%
|
61
+77%
|
64
+4%
|
65
+2%
|
55
-14%
|
54
-2%
|
55
+2%
|
58
+5%
|
67
+16%
|
77
+15%
|
|
Pre-Tax Income | |||||||||||||||||||||
Interest Income Expense |
(54)
|
(57)
|
(60)
|
(62)
|
(60)
|
(61)
|
(62)
|
(65)
|
(67)
|
(69)
|
(75)
|
(77)
|
(78)
|
(79)
|
(75)
|
(78)
|
(78)
|
(79)
|
(80)
|
(79)
|
|
Non-Reccuring Items |
(34)
|
(43)
|
(46)
|
(51)
|
(34)
|
(27)
|
(34)
|
(27)
|
(27)
|
(26)
|
(20)
|
(18)
|
(9)
|
(6)
|
(12)
|
(11)
|
(9)
|
(10)
|
(1)
|
(9)
|
|
Gain/Loss on Disposition of Assets |
0
|
6
|
14
|
14
|
15
|
35
|
30
|
31
|
32
|
10
|
21
|
21
|
24
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
4
|
4
|
4
|
22
|
7
|
6
|
1
|
1
|
1
|
0
|
|
Pre-Tax Income |
(54)
N/A
|
(59)
-9%
|
(56)
+5%
|
(63)
-12%
|
(47)
+26%
|
(20)
+56%
|
(31)
-54%
|
(43)
-38%
|
(37)
+14%
|
(56)
-50%
|
(36)
+37%
|
(8)
+77%
|
4
N/A
|
2
-56%
|
(25)
N/A
|
(29)
-15%
|
(32)
-12%
|
(30)
+6%
|
(13)
+56%
|
(10)
+22%
|
|
Net Income | |||||||||||||||||||||
Income from Continuing Operations |
(54)
|
(59)
|
(56)
|
(63)
|
(47)
|
(20)
|
(31)
|
(43)
|
(37)
|
(56)
|
(36)
|
(8)
|
4
|
2
|
(25)
|
(29)
|
(32)
|
(30)
|
(13)
|
(10)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(54)
N/A
|
(59)
-9%
|
(56)
+5%
|
(63)
-12%
|
(47)
+26%
|
(20)
+56%
|
(31)
-54%
|
(43)
-38%
|
(37)
+14%
|
(56)
-50%
|
(35)
+37%
|
(8)
+77%
|
4
N/A
|
2
-56%
|
(25)
N/A
|
(29)
-15%
|
(32)
-12%
|
(30)
+6%
|
(13)
+56%
|
(10)
+22%
|
|
EPS (Diluted) |
-0.51
N/A
|
-0.56
-10%
|
-0.53
+5%
|
-0.59
-11%
|
-0.44
+25%
|
-0.19
+57%
|
-0.3
-58%
|
-0.41
-37%
|
-0.35
+15%
|
-0.53
-51%
|
-0.33
+38%
|
-0.08
+76%
|
0.04
N/A
|
0.02
-50%
|
-0.23
N/A
|
-0.26
-13%
|
-0.29
-12%
|
-0.28
+3%
|
-0.12
+57%
|
-0.09
+25%
|