Safehold Inc. (SAFE)

Safehold Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	352.58	270.31	187.01	324.1	273.71
Revenue Growth (YoY)	30.43%	44.54%	-42.30%	18.41%	-65.71%
Cost of Revenue	185.66	132.08	82.37	350.64	319.2
Gross Profit	166.91	138.23	104.64	-26.54	-45.49
Selling, General & Admin	68.57	38.61	28.75	100.88	98.61
Other Operating Expenses	175.87	19.8	10.43	13.69	31.24
Operating Expenses	244.44	58.42	39.18	114.57	129.85
Operating Income	-77.52	79.82	65.46	-141.11	-175.35
Other Expense / Income	-24.27	-55.61	-7.66	-98.75	-499.76
Pretax Income	-53.25	135.42	73.12	-42.35	324.41
Income Tax	1.72	0	0	0.09	0.37
Net Income	-54.97	135.42	73.12	-42.44	324.04
Preferred Dividends	0	0	0	23.5	32.5
Net Income Common	-54.97	135.42	73.12	-65.94	291.55
Net Income Growth	-	85.20%	-	-	-
Shares Outstanding (Basic)	67	62	55	12	10
Shares Outstanding (Diluted)	67	62	55	12	10
Shares Change	6.89%	12.90%	356.36%	16.98%	-4.80%
EPS (Basic)	-0.82	2.17	1.32	-5.44	28.19
EPS (Diluted)	-0.82	2.17	1.32	-5.44	28.19
EPS Growth	-	64.39%	-	-	-
Free Cash Flow	5.12	62.6	24.83	174.61	241.77
Free Cash Flow Per Share	0.08	1.00	0.45	14.42	23.36
Dividend Per Share	1.637	2.344	3.031	2.688	2.438
Dividend Growth	-30.16%	-22.67%	12.76%	10.25%	116.71%
Gross Margin	47.34%	51.14%	55.96%	-8.19%	-16.62%
Operating Margin	-21.99%	29.53%	35.00%	-43.54%	-64.06%
Profit Margin	-15.59%	50.10%	39.10%	-20.34%	106.52%
Free Cash Flow Margin	1.45%	23.16%	13.28%	53.88%	88.33%
Effective Tax Rate	-	-	-	-	0.11%
EBITDA	-43.32	145.04	82.69	15.74	382.67
EBITDA Margin	-12.29%	53.65%	44.21%	4.86%	139.81%
Depreciation & Amortization	9.94	9.61	9.56	58.09	58.26
EBIT	-53.25	135.42	73.12	-42.35	324.41
EBIT Margin	-15.10%	50.10%	39.10%	-13.07%	118.53%

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).