Elme Communities Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	246.96	241.94	227.91	209.38	169.15	176
Total Revenue	246.96	241.94	227.91	209.38	169.15	176
Revenue Growth (YoY	3.10%	6.15%	8.85%	23.78%	-3.89%	-0.42%
Property Expenses	100.54	97.56	87.94	81.44	66.92	69.13
Selling, General & Administrative	37.26	24.97	25.89	28.26	27.54	23.95
Depreciation & Amortization	94.19	95.94	88.95	91.72	72.66	70.34
Total Operating Expenses	231.99	218.47	202.78	201.42	167.11	163.41
Operating Income	14.97	23.47	25.14	7.96	2.04	12.59
Interest Expense	-38.02	-37.84	-30.43	-24.94	-39.93	-37.31
Other Non-Operating Income	-	1.41	0.57	0.71	4.11	-
EBT Excluding Unusual Items	-23.05	-12.96	-4.72	-16.27	-33.78	-24.72
Gain (Loss) on Sale of Assets	-	-	-	-	-	-15.01
Asset Writedown	-111.72	-	-41.86	-	-	-
Other Unusual Items	-	-0.15	-0.05	-4.92	-12.73	-0.59
Pretax Income	-134.77	-13.1	-52.98	-30.87	-53.14	-40.32
Earnings From Continuing Operations	-134.77	-13.1	-52.98	-30.87	-53.14	-40.32
Earnings From Discontinued Operations	-	-	-	-	69.52	24.64
Net Income to Company	-134.77	-13.1	-52.98	-30.87	16.38	-15.68
Net Income	-134.77	-13.1	-52.98	-30.87	16.38	-15.68
Preferred Dividends & Other Adjustments	0.31	0.29	0.26	0.23	0.39	0.55
Net Income to Common	-135.08	-13.39	-53.23	-31.1	15.99	-16.23
Basic Shares Outstanding	88	88	88	87	85	82
Diluted Shares Outstanding	88	88	88	87	85	82
Shares Change (YoY)	0.20%	0.21%	0.40%	3.36%	2.67%	2.60%
EPS (Basic)	-1.53	-0.15	-0.61	-0.36	0.19	-0.20
EPS (Diluted)	-1.53	-0.15	-0.61	-0.36	0.19	-0.20
Dividend Per Share	0.720	0.720	0.720	0.680	0.940	1.200
Dividend Growth	-	-	5.88%	-27.66%	-21.67%	-
Operating Margin	6.06%	9.70%	11.03%	3.80%	1.21%	7.15%
Profit Margin	-54.70%	-5.54%	-23.36%	-14.85%	9.45%	-9.22%
EBITDA	109.16	119.4	114.09	99.69	74.7	82.93
EBITDA Margin	44.20%	49.35%	50.06%	47.61%	44.16%	47.12%
D&A For Ebitda	94.19	95.94	88.95	91.72	72.66	70.34
EBIT	14.97	23.47	25.14	7.96	2.04	12.59
EBIT Margin	6.06%	9.70%	11.03%	3.80%	1.21%	7.15%
Funds From Operations (FFO)	69.4	82.83	77.83	60.85	65.5	-
FFO Per Share	0.79	0.94	0.88	-	-	-
Adjusted Funds From Operations (AFFO)	-	82.17	78.54	60.85	65.5	-
AFFO Per Share	-	0.93	0.89	-	-	-
FFO Payout Ratio	91.71%	76.83%	82.66%	97.55%	138.51%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q