Elme Communities
NYSE:ELME
Income Statement
Earnings Waterfall
Elme Communities
Revenue
|
227.9m
USD
|
Cost of Revenue
|
-87.9m
USD
|
Gross Profit
|
140m
USD
|
Operating Expenses
|
-114.8m
USD
|
Operating Income
|
25.1m
USD
|
Other Expenses
|
-78.4m
USD
|
Net Income
|
-53.2m
USD
|
Income Statement
Elme Communities
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 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
263
N/A
|
267
+2%
|
273
+2%
|
281
+3%
|
289
+3%
|
295
+2%
|
297
+1%
|
302
+2%
|
306
+2%
|
309
+1%
|
314
+2%
|
315
+0%
|
313
-1%
|
314
+0%
|
318
+1%
|
321
+1%
|
280
-13%
|
276
-1%
|
268
-3%
|
257
-4%
|
292
+14%
|
290
-1%
|
291
+1%
|
300
+3%
|
177
-41%
|
151
-15%
|
118
-22%
|
81
-31%
|
176
+116%
|
171
-3%
|
168
-1%
|
167
-1%
|
169
+1%
|
176
+4%
|
186
+6%
|
199
+6%
|
209
+5%
|
217
+4%
|
223
+2%
|
225
+1%
|
228
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(93)
|
(97)
|
(99)
|
(102)
|
(104)
|
(107)
|
(108)
|
(110)
|
(112)
|
(112)
|
(113)
|
(114)
|
(115)
|
(114)
|
(115)
|
(115)
|
(105)
|
(105)
|
(103)
|
(99)
|
(106)
|
(105)
|
(107)
|
(112)
|
(69)
|
(61)
|
(48)
|
(35)
|
(69)
|
(68)
|
(68)
|
(67)
|
(67)
|
(69)
|
(74)
|
(78)
|
(81)
|
(84)
|
(86)
|
(86)
|
(88)
|
|
Gross Profit |
170
N/A
|
170
+0%
|
174
+3%
|
179
+3%
|
185
+3%
|
188
+2%
|
189
+0%
|
191
+1%
|
194
+2%
|
197
+1%
|
201
+2%
|
202
+0%
|
198
-2%
|
199
+1%
|
203
+2%
|
206
+1%
|
175
-15%
|
172
-2%
|
166
-4%
|
157
-5%
|
186
+18%
|
185
-1%
|
184
0%
|
188
+2%
|
107
-43%
|
90
-16%
|
70
-23%
|
47
-33%
|
107
+129%
|
103
-4%
|
101
-2%
|
100
0%
|
102
+2%
|
107
+5%
|
113
+6%
|
120
+7%
|
128
+6%
|
134
+4%
|
137
+2%
|
139
+1%
|
140
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(103)
|
(105)
|
(110)
|
(114)
|
(116)
|
(120)
|
(121)
|
(126)
|
(129)
|
(129)
|
(130)
|
(131)
|
(128)
|
(128)
|
(133)
|
(131)
|
(124)
|
(126)
|
(124)
|
(124)
|
(134)
|
(135)
|
(140)
|
(150)
|
(110)
|
(98)
|
(83)
|
(64)
|
(94)
|
(93)
|
(94)
|
(96)
|
(100)
|
(107)
|
(115)
|
(119)
|
(120)
|
(119)
|
(116)
|
(114)
|
(115)
|
|
Selling, General & Administrative |
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(23)
|
(23)
|
(23)
|
(23)
|
(22)
|
(24)
|
(23)
|
(24)
|
(26)
|
(25)
|
(25)
|
(26)
|
(24)
|
(23)
|
(24)
|
(26)
|
(28)
|
(29)
|
(30)
|
(29)
|
(28)
|
(28)
|
(27)
|
(27)
|
(26)
|
|
Depreciation & Amortization |
(86)
|
(87)
|
(91)
|
(94)
|
(96)
|
(99)
|
(100)
|
(105)
|
(109)
|
(110)
|
(109)
|
(111)
|
(108)
|
(108)
|
(113)
|
(110)
|
(101)
|
(103)
|
(101)
|
(101)
|
(112)
|
(111)
|
(117)
|
(126)
|
(83)
|
(88)
|
(72)
|
(53)
|
(70)
|
(70)
|
(70)
|
(70)
|
(73)
|
(78)
|
(85)
|
(90)
|
(92)
|
(91)
|
(88)
|
(87)
|
(89)
|
|
Other Operating Expenses |
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
|
14
|
14
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
66
N/A
|
65
-3%
|
65
+0%
|
66
+2%
|
69
+5%
|
68
-1%
|
68
0%
|
65
-4%
|
65
-1%
|
68
+4%
|
72
+6%
|
71
-1%
|
70
-1%
|
71
+2%
|
70
-2%
|
75
+7%
|
51
-32%
|
46
-9%
|
42
-10%
|
33
-20%
|
52
+56%
|
49
-5%
|
44
-10%
|
38
-14%
|
(2)
N/A
|
(8)
-273%
|
(13)
-72%
|
(18)
-31%
|
13
N/A
|
9
-24%
|
6
-32%
|
4
-36%
|
2
-49%
|
0
-89%
|
(2)
N/A
|
2
N/A
|
8
+344%
|
14
+79%
|
21
+47%
|
25
+17%
|
25
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(64)
|
(62)
|
(61)
|
(60)
|
(60)
|
(61)
|
(60)
|
(60)
|
(60)
|
(59)
|
(58)
|
(56)
|
(53)
|
(50)
|
(48)
|
(47)
|
(47)
|
(48)
|
(49)
|
(49)
|
(51)
|
(50)
|
(52)
|
(54)
|
(54)
|
(52)
|
(46)
|
(40)
|
(38)
|
(37)
|
(44)
|
(44)
|
(40)
|
(35)
|
(26)
|
(24)
|
(25)
|
(26)
|
(27)
|
(28)
|
(30)
|
|
Non-Reccuring Items |
(4)
|
(7)
|
(8)
|
(8)
|
(5)
|
28
|
24
|
23
|
83
|
53
|
82
|
160
|
101
|
101
|
78
|
(5)
|
(8)
|
(11)
|
(9)
|
(4)
|
(1)
|
(6)
|
(9)
|
(9)
|
52
|
60
|
54
|
54
|
(15)
|
(16)
|
(12)
|
(25)
|
(19)
|
(22)
|
(20)
|
(13)
|
(15)
|
(15)
|
(16)
|
(51)
|
(48)
|
|
Total Other Income |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
3
|
4
|
3
|
2
|
2
|
1
|
0
|
1
|
1
|
1
|
|
Pre-Tax Income |
(0)
N/A
|
(3)
-1 647%
|
(3)
-5%
|
(2)
+56%
|
5
N/A
|
37
+620%
|
33
-12%
|
29
-9%
|
89
+203%
|
62
-30%
|
96
+55%
|
175
+82%
|
119
-32%
|
123
+4%
|
100
-19%
|
23
-77%
|
(4)
N/A
|
(13)
-247%
|
(16)
-25%
|
(19)
-21%
|
1
N/A
|
(7)
N/A
|
(17)
-160%
|
(25)
-45%
|
(4)
+83%
|
1
N/A
|
(5)
N/A
|
(4)
+26%
|
(40)
-931%
|
(42)
-4%
|
(47)
-11%
|
(62)
-33%
|
(53)
+14%
|
(54)
-1%
|
(46)
+15%
|
(34)
+25%
|
(31)
+9%
|
(27)
+13%
|
(21)
+23%
|
(53)
-160%
|
(53)
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
1
|
1
|
1
|
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
|
|
Income from Continuing Operations |
(0)
|
(3)
|
(3)
|
(2)
|
5
|
37
|
32
|
29
|
89
|
62
|
97
|
176
|
119
|
124
|
100
|
23
|
(4)
|
(13)
|
(16)
|
(19)
|
1
|
(7)
|
(17)
|
(25)
|
(4)
|
1
|
(5)
|
(4)
|
(40)
|
(42)
|
(47)
|
(62)
|
(53)
|
(54)
|
(46)
|
(34)
|
(31)
|
(27)
|
(21)
|
(53)
|
(53)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
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) |
37
N/A
|
134
+263%
|
130
-3%
|
128
-2%
|
111
-13%
|
36
-67%
|
33
-10%
|
30
-9%
|
90
+201%
|
62
-30%
|
97
+55%
|
176
+82%
|
119
-32%
|
123
+4%
|
99
-19%
|
23
-77%
|
19
-14%
|
16
-18%
|
19
+18%
|
22
+16%
|
25
+15%
|
17
-31%
|
8
-54%
|
333
+4 086%
|
382
+15%
|
388
+2%
|
381
-2%
|
49
-87%
|
(16)
N/A
|
(19)
-18%
|
(21)
-8%
|
12
N/A
|
16
+38%
|
9
-41%
|
7
-22%
|
(35)
N/A
|
(31)
+10%
|
(27)
+13%
|
(21)
+23%
|
(54)
-158%
|
(53)
+1%
|
|
EPS (Diluted) |
0.55
N/A
|
2
+264%
|
1.94
-3%
|
1.91
-2%
|
1.66
-13%
|
0.53
-68%
|
0.47
-11%
|
0.43
-9%
|
1.31
+205%
|
0.87
-34%
|
1.28
+47%
|
2.36
+84%
|
1.65
-30%
|
1.64
-1%
|
1.29
-21%
|
0.3
-77%
|
0.25
-17%
|
0.2
-20%
|
0.23
+15%
|
0.27
+17%
|
0.31
+15%
|
0.21
-32%
|
0.09
-57%
|
4.16
+4 522%
|
4.75
+14%
|
4.71
-1%
|
4.58
-3%
|
0.6
-87%
|
-0.19
N/A
|
-0.22
-16%
|
-0.24
-9%
|
0.13
N/A
|
0.18
+38%
|
0.1
-44%
|
0.08
-20%
|
-0.39
N/A
|
-0.36
+8%
|
-0.3
+17%
|
-0.23
+23%
|
-0.61
-165%
|
-0.61
N/A
|