Elme Communities Income Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

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
Property Revenue	246.96	241.94	227.91	209.38	169.15	176
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	51.61	65.14	59.09	54.82	44.71	45.77
Total Property Expenses	51.61	65.14	59.09	54.82	44.71	45.77
Property Taxes	23.95	32.42	28.85	26.62	22.21	23.36
Gross Profit	171.4	144.37	139.97	127.94	102.24	106.88
Selling, General & Admin	37.26	24.97	25.89	28.26	27.54	23.95
Depreciation & Amortization Expenses	94.19	95.94	88.95	91.72	72.66	70.34
Other Operating Expenses	111.72	-	48.2	9.69	6.64	-
Operating Income	-71.78	23.47	-23.06	-1.72	-4.59	12.59
Net Gains on Disposal of Properties	-	-	-	-	-	-15.01
Interest Expense	-38.02	-37.84	-30.43	-24.94	-34.06	-37.31
Other Non-Operating Income (Expense)	-	1.26	0.52	-4.21	-14.48	-0.59
Total Non-Operating Income (Expense)	-38.02	-36.57	-29.91	-29.15	-48.55	-52.91
Pretax Income	-109.8	-13.1	-52.98	-30.87	-53.14	-40.32
Net Income	-134.77	-13.1	-52.98	-30.87	16.38	-15.68
Earnings From Discontinued Operations	-	-	-	-	139.05	49.28
Net Income to Common	-134.77	-13.1	-52.98	-30.87	155.43	33.6
Net Income Growth	-	-	-	-	362.65%	-97.10%
Shares Outstanding (Basic)	88	88	88	87	85	82
Shares Outstanding (Diluted)	88	88	88	87	85	82
Shares Change (YoY)	0.20%	0.21%	0.40%	3.36%	2.67%	2.60%
EPS (Basic)	-1.52	-0.15	-0.61	-0.36	0.19	-0.20
EPS (Diluted)	-1.52	-0.15	-0.61	-0.36	0.19	-0.20
Free Cash Flow	49.33	47.85	-61.14	-168.43	-105.41	26.07
Free Cash Flow Growth	3.09%	-	-	-	-	-
Free Cash Flow Per Share	0.56	0.54	-0.70	-1.93	-1.25	0.32
Dividends Per Share	-	0.720	0.720	0.680	0.940	1.200
Dividend Growth	-	-	5.88%	-27.66%	-21.67%	-
Gross Margin	69.40%	59.67%	61.42%	61.11%	60.44%	60.72%
Operating Margin	-29.06%	9.70%	-10.12%	-0.82%	-2.72%	7.15%
Profit Margin	-54.57%	-5.42%	-23.24%	-14.74%	9.69%	-8.91%
FCF Margin	19.98%	19.78%	-26.83%	-80.44%	-62.32%	14.81%
EBITDA	22.42	119.4	65.89	90	90.97	132.62
EBITDA Margin	9.08%	49.35%	28.91%	42.98%	53.78%	75.35%
EBIT	-71.78	23.47	-23.06	-1.72	-4.59	12.59
EBIT Margin	-29.06%	9.70%	-10.12%	-0.82%	-2.72%	7.15%

SEC Filings: 10-K · 10-Q