UMH Properties, Inc. (UMH)

UMH Properties Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	220.93	195.78	186.12	163.61	146.59
Revenue Growth (YoY)	12.85%	5.19%	13.76%	11.61%	13.12%
Cost of Revenue	102.43	93.22	88.14	77.59	74.65
Gross Profit	118.49	102.55	97.99	86.02	71.95
Selling, General & Admin	26.65	24.26	18.9	16	15.13
Other Operating Expenses	55.72	48.77	45.12	41.71	36.81
Operating Expenses	82.37	73.03	64.03	57.7	51.94
Operating Income	36.12	29.52	33.96	28.31	20.01
Interest Expense / Income	32.48	26.44	19.16	18.29	17.81
Other Expense / Income	-4.2	8.06	-36.29	4.97	-25.55
Pretax Income	7.85	-4.97	51.09	5.06	27.75
Net Income	7.85	-4.97	51.09	5.06	27.75
Preferred Dividends	16.72	31.41	29.84	34.81	25.18
Net Income Common	-8.71	-36.27	21.25	-29.76	2.57
Shares Outstanding (Basic)	63	54	46	41	40
Shares Outstanding (Diluted)	63	54	47	41	40
Shares Change	15.96%	14.67%	14.58%	2.96%	9.04%
EPS (Basic)	-0.15	-0.67	0.46	-0.72	0.07
EPS (Diluted)	-0.15	-0.67	0.45	-0.72	0.06
Free Cash Flow	-42.34	-177.99	-37.06	-35.83	-82.16
Free Cash Flow Per Share	-0.67	-3.27	-0.80	-0.86	-2.06
Dividend Per Share	0.820	0.800	0.760	0.720	0.720
Dividend Growth	2.50%	5.26%	5.56%	0%	0%
Gross Margin	53.63%	52.38%	52.65%	52.57%	49.08%
Operating Margin	16.35%	15.08%	18.25%	17.31%	13.65%
Profit Margin	-3.94%	-18.52%	11.42%	-18.19%	1.75%
Free Cash Flow Margin	-19.17%	-90.91%	-19.91%	-21.90%	-56.05%
EBITDA	96.05	70.24	115.37	65.05	82.37
EBITDA Margin	43.47%	35.88%	61.99%	39.76%	56.19%
Depreciation & Amortization	55.72	48.77	45.12	41.71	36.81
EBIT	40.33	21.47	70.25	23.34	45.56
EBIT Margin	18.25%	10.97%	37.74%	14.27%	31.08%

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).