Armada Hoffler Properties, Inc. (AHH)

Armada Hoffler Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	667.16	471.13	302.53	383.63	257.2
Revenue Growth (YoY)	41.61%	55.73%	-21.14%	49.16%	33.04%
Cost of Revenue	478.57	299.96	156.45	266.57	150.83
Gross Profit	188.58	171.17	146.09	117.07	106.37
Selling, General & Admin	18.12	15.69	14.61	12.91	12.39
Other Operating Expenses	97.61	74.54	91.37	61.81	56.04
Operating Expenses	115.74	90.23	105.98	74.71	68.43
Operating Income	72.85	80.95	40.11	42.35	37.94
Interest Expense / Income	57.81	39.68	33.91	31.04	31.34
Other Expense / Income	5.42	-33.34	-14.94	-17.55	-16.97
Pretax Income	9.62	74.6	21.15	28.87	23.56
Income Tax	1.33	-0.15	-0.74	-0.28	-0.49
Net Income	8.29	74.75	21.89	29.15	24.05
Preferred Dividends	11.55	11.55	11.55	7.35	2.46
Net Income Common	-3.26	63.2	10.34	21.8	21.6
Net Income Growth	-	510.97%	-52.56%	0.95%	25.55%
Shares Outstanding (Basic)	68	68	61	57	53
Shares Outstanding (Diluted)	68	68	61	57	53
Shares Change	0.17%	11.43%	5.79%	7.92%	11.80%
EPS (Basic)	-0.05	0.94	0.17	0.38	0.41
EPS (Diluted)	-0.05	0.94	0.17	0.38	0.41
EPS Growth	-	452.94%	-55.26%	-7.32%	13.89%
Free Cash Flow	10.12	275.86	112.39	114.08	-52.49
Free Cash Flow Per Share	0.15	4.08	1.85	1.99	-0.99
Dividend Per Share	0.775	0.720	0.640	0.440	0.840
Dividend Growth	7.64%	12.50%	45.45%	-47.62%	5.00%
Gross Margin	28.27%	36.33%	48.29%	30.52%	41.36%
Operating Margin	10.92%	17.18%	13.26%	11.04%	14.75%
Profit Margin	-0.49%	13.41%	3.42%	5.68%	8.40%
Free Cash Flow Margin	1.52%	58.55%	37.15%	29.74%	-20.41%
Effective Tax Rate	13.82%	-0.19%	-3.51%	-0.98%	-2.08%
EBITDA	132.24	169.94	107.63	104.16	93.12
EBITDA Margin	19.82%	36.07%	35.57%	27.15%	36.21%
Depreciation & Amortization	64.81	55.66	52.57	44.26	38.22
EBIT	67.43	114.28	55.06	59.9	54.91
EBIT Margin	10.11%	24.26%	18.20%	15.61%	21.35%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).