Franklin Street Properties Corp. (FSP)

FSP Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	139.17	145.71	165.62	209.36	245.85	269.07
Revenue Growth (YoY)	-13.63%	-12.02%	-20.89%	-14.84%	-8.63%	0.07%
Cost of Revenue	75.22	77.93	87.44	101.94	115.33	120.18
Gross Profit	63.94	67.78	78.18	107.42	130.52	148.88
Selling, General & Admin	14.36	14.02	13.89	15.9	15	14.47
Other Operating Expenses	51.64	54.74	63.81	78.54	46.63	90.91
Operating Expenses	66	68.76	77.69	94.44	61.63	105.38
Operating Income	-2.06	-0.98	0.48	12.97	68.89	43.5
Interest Expense / Income	25.36	24.32	22.81	32.27	36.03	36.76
Other Expense / Income	30.38	22.53	-23.62	-112.65	-	-
Pretax Income	-57.8	-47.83	1.3	93.36	32.87	6.74
Income Tax	0.27	0.28	0.2	0.64	0.25	0.27
Net Income	-58.07	-48.11	1.09	92.72	32.62	6.48
Net Income Growth	-	-	-98.82%	184.28%	403.71%	-50.46%
Shares Outstanding (Basic)	103	103	103	107	107	107
Shares Outstanding (Diluted)	103	103	103	107	107	107
Shares Change	0.19%	0.02%	-3.12%	-0.59%	0.07%	0.00%
EPS (Basic)	-0.56	-0.47	0.01	0.87	0.30	0.06
EPS (Diluted)	-0.56	-0.47	0.01	0.87	0.30	0.06
EPS Growth	-	-	-98.85%	190.00%	400.00%	-50.00%
Free Cash Flow	131.35	128.45	89.27	544.84	79.49	11.17
Free Cash Flow Per Share	1.27	1.24	0.86	5.11	0.74	0.10
Dividend Per Share	0.040	0.040	0.197	0.680	0.360	0.360
Dividend Growth	-65.81%	-79.70%	-71.03%	88.89%	0%	-21.74%
Gross Margin	45.95%	46.51%	47.20%	51.31%	53.09%	55.33%
Operating Margin	-1.48%	-0.68%	0.29%	6.20%	28.02%	16.17%
Profit Margin	-41.73%	-33.02%	0.66%	44.29%	13.27%	2.41%
Free Cash Flow Margin	94.39%	88.16%	53.90%	260.24%	32.33%	4.15%
Effective Tax Rate	-	-	15.72%	0.68%	0.76%	3.99%
EBITDA	21.79	33.73	89.8	206.67	160.47	137.29
EBITDA Margin	15.66%	23.15%	54.22%	98.72%	65.27%	51.02%
Depreciation & Amortization	54.23	57.24	65.7	81.04	91.58	93.79
EBIT	-32.44	-23.51	24.11	125.63	68.89	43.5
EBIT Margin	-23.31%	-16.14%	14.56%	60.01%	28.02%	16.17%

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).