Landmark Infrastructure Partners LP
NASDAQ:LMRK
Income Statement
Earnings Waterfall
Landmark Infrastructure Partners LP
Revenue
|
69.2m
USD
|
Cost of Revenue
|
-3.6m
USD
|
Gross Profit
|
65.6m
USD
|
Operating Expenses
|
-24.8m
USD
|
Operating Income
|
40.8m
USD
|
Other Expenses
|
-21m
USD
|
Net Income
|
19.7m
USD
|
Income Statement
Landmark Infrastructure Partners LP
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | 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 |
17
N/A
|
18
+5%
|
21
+12%
|
22
+5%
|
22
+2%
|
25
+12%
|
29
+18%
|
34
+15%
|
34
+2%
|
38
+10%
|
38
+0%
|
39
+3%
|
41
+5%
|
43
+5%
|
46
+7%
|
50
+7%
|
53
+6%
|
56
+7%
|
60
+7%
|
65
+7%
|
61
-5%
|
59
-4%
|
56
-5%
|
51
-8%
|
54
+5%
|
54
+1%
|
54
+0%
|
56
+2%
|
59
+6%
|
62
+6%
|
66
+6%
|
69
+5%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
|
Gross Profit |
17
N/A
|
18
+5%
|
20
+12%
|
21
+5%
|
21
+2%
|
24
+13%
|
29
+18%
|
33
+15%
|
34
+3%
|
37
+10%
|
38
+0%
|
39
+3%
|
41
+6%
|
43
+5%
|
46
+7%
|
49
+7%
|
52
+6%
|
56
+7%
|
60
+7%
|
64
+6%
|
61
-5%
|
58
-5%
|
55
-5%
|
50
-8%
|
52
+4%
|
53
+1%
|
53
+0%
|
54
+2%
|
57
+5%
|
60
+6%
|
63
+5%
|
66
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(5)
|
(5)
|
(7)
|
(7)
|
(6)
|
(8)
|
(9)
|
(11)
|
(12)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(25)
|
|
Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
|
Depreciation & Amortization |
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(16)
|
(18)
|
(18)
|
(20)
|
|
Operating Income |
12
N/A
|
12
+6%
|
13
+8%
|
14
+6%
|
15
+8%
|
16
+7%
|
19
+18%
|
22
+16%
|
22
0%
|
25
+11%
|
24
-2%
|
24
+1%
|
26
+6%
|
27
+5%
|
29
+8%
|
31
+7%
|
33
+6%
|
36
+7%
|
39
+9%
|
43
+9%
|
40
-6%
|
38
-5%
|
36
-7%
|
32
-11%
|
34
+6%
|
34
+1%
|
33
-2%
|
34
+3%
|
36
+4%
|
38
+6%
|
40
+7%
|
41
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(4)
|
(7)
|
(7)
|
(8)
|
(10)
|
(11)
|
(14)
|
(12)
|
(15)
|
(17)
|
(15)
|
(10)
|
(7)
|
(7)
|
(9)
|
(15)
|
(15)
|
(15)
|
(16)
|
(21)
|
(25)
|
(28)
|
(28)
|
(23)
|
(26)
|
(22)
|
(21)
|
(22)
|
(16)
|
(17)
|
(18)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(8)
|
(9)
|
(11)
|
(10)
|
(6)
|
(5)
|
(7)
|
(6)
|
(6)
|
(7)
|
(3)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(5)
|
(5)
|
(3)
|
(0)
|
(0)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
100
|
100
|
106
|
117
|
18
|
18
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
6
N/A
|
6
+12%
|
5
-29%
|
6
+30%
|
3
-51%
|
(2)
N/A
|
(0)
+73%
|
(3)
-629%
|
1
N/A
|
4
+264%
|
3
-34%
|
4
+25%
|
10
+175%
|
13
+34%
|
15
+16%
|
19
+23%
|
16
-15%
|
19
+20%
|
23
+18%
|
125
+443%
|
116
-7%
|
117
+0%
|
123
+5%
|
20
-83%
|
26
+29%
|
15
-43%
|
6
-58%
|
9
+39%
|
11
+32%
|
21
+89%
|
23
+9%
|
20
-15%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
3
|
3
|
3
|
3
|
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
6
|
6
|
5
|
6
|
3
|
(2)
|
(0)
|
(3)
|
1
|
4
|
3
|
4
|
10
|
13
|
15
|
19
|
19
|
22
|
26
|
127
|
116
|
116
|
119
|
17
|
23
|
12
|
6
|
9
|
12
|
22
|
23
|
20
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
6
N/A
|
6
+12%
|
5
-29%
|
6
+30%
|
3
-51%
|
(2)
N/A
|
(0)
+73%
|
(3)
-629%
|
1
N/A
|
4
+264%
|
3
-34%
|
4
+25%
|
10
+175%
|
13
+34%
|
15
+15%
|
19
+22%
|
19
+3%
|
22
+17%
|
26
+15%
|
127
+391%
|
116
-9%
|
116
+0%
|
119
+3%
|
18
-85%
|
22
+18%
|
13
-40%
|
22
+72%
|
24
+7%
|
29
+21%
|
36
+25%
|
23
-36%
|
20
-15%
|
|
EPS (Diluted) |
1.2
N/A
|
1.34
+12%
|
0.95
-29%
|
1.25
+32%
|
0.61
-51%
|
-0.19
N/A
|
-0.03
+84%
|
-0.25
-733%
|
0.05
N/A
|
0.29
+480%
|
0.19
-34%
|
0.22
+16%
|
0.29
+32%
|
0.59
+103%
|
0.59
N/A
|
0.72
+22%
|
0.73
+1%
|
0.86
+18%
|
1.03
+20%
|
4.59
+346%
|
4.58
0%
|
4.59
+0%
|
4.71
+3%
|
0.72
-85%
|
0.85
+18%
|
0.51
-40%
|
0.88
+73%
|
0.94
+7%
|
1.14
+21%
|
1.43
+25%
|
0.91
-36%
|
0.77
-15%
|