Necessity Retail REIT Inc
NASDAQ:RTL
Income Statement
Earnings Waterfall
Necessity Retail REIT Inc
Revenue
|
454.9m
USD
|
Cost of Revenue
|
-138.7m
USD
|
Gross Profit
|
316.1m
USD
|
Operating Expenses
|
-282.1m
USD
|
Operating Income
|
34m
USD
|
Other Expenses
|
-195.8m
USD
|
Net Income
|
-161.8m
USD
|
Income Statement
Necessity Retail REIT Inc
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
330
N/A
|
335
+2%
|
351
+5%
|
386
+10%
|
411
+6%
|
446
+9%
|
465
+4%
|
455
-2%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(86)
|
(88)
|
(94)
|
(109)
|
(122)
|
(134)
|
(141)
|
(139)
|
|
Gross Profit |
244
N/A
|
247
+1%
|
256
+4%
|
277
+8%
|
289
+4%
|
313
+8%
|
324
+3%
|
316
-2%
|
|
Operating Income | |||||||||
Operating Expenses |
(167)
|
(169)
|
(173)
|
(191)
|
(218)
|
(243)
|
(263)
|
(282)
|
|
Selling, General & Administrative |
(37)
|
(38)
|
(38)
|
(41)
|
(43)
|
(47)
|
(51)
|
(57)
|
|
Depreciation & Amortization |
(128)
|
(128)
|
(134)
|
(148)
|
(172)
|
(193)
|
(210)
|
(223)
|
|
Other Operating Expenses |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
|
Operating Income |
77
N/A
|
78
+1%
|
83
+6%
|
87
+4%
|
71
-18%
|
70
-1%
|
61
-13%
|
34
-44%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(79)
|
(86)
|
(88)
|
(96)
|
(109)
|
(117)
|
(130)
|
(137)
|
|
Non-Reccuring Items |
(9)
|
(33)
|
14
|
(31)
|
(52)
|
(37)
|
(73)
|
(36)
|
|
Total Other Income |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
|
Pre-Tax Income |
(10)
N/A
|
(40)
-284%
|
9
N/A
|
(40)
N/A
|
(90)
-127%
|
(83)
+8%
|
(141)
-71%
|
(139)
+2%
|
|
Net Income | |||||||||
Income from Continuing Operations |
(10)
|
(40)
|
9
|
(40)
|
(90)
|
(83)
|
(141)
|
(139)
|
|
Income to Minority Interest |
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(32)
N/A
|
(63)
-99%
|
(14)
+78%
|
(63)
-347%
|
(113)
-80%
|
(106)
+6%
|
(165)
-55%
|
(162)
+2%
|
|
EPS (Diluted) |
-0.29
N/A
|
-0.55
-90%
|
-0.1
+82%
|
-0.47
-370%
|
-0.87
-85%
|
-0.8
+8%
|
-1.24
-55%
|
-1.21
+2%
|