See more : AMAG Austria Metall AG (AMAG.VI) Income Statement Analysis – Financial Results
Complete financial analysis of Artis Real Estate Investment Trust (ARESF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Artis Real Estate Investment Trust, a leading company in the REIT – Diversified industry within the Real Estate sector.
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Artis Real Estate Investment Trust (ARESF)
About Artis Real Estate Investment Trust
Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States. As of September 30, 2020, Artis' commercial property comprises approximately 23.8 million square feet of leasable area.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 335.84M | 372.51M | 419.50M | 458.92M | 521.66M | 512.87M | 516.33M | 549.15M | 535.57M | 500.56M | 463.42M | 372.47M | 293.09M | 136.73M | 136.85M | 142.98M | 99.26M | 53.52M | 9.64M | 550.65K |
| Cost of Revenue | 151.82M | 162.53M | 181.71M | 189.64M | 211.80M | 208.55M | 205.10M | 213.04M | 203.18M | 187.71M | 166.54M | 132.06M | 107.70M | 62.03M | 43.49M | 45.25M | 31.79M | 19.27M | 3.42M | 123.23K |
| Gross Profit | 184.02M | 209.98M | 237.79M | 269.28M | 309.86M | 304.32M | 311.22M | 336.12M | 332.40M | 312.85M | 296.88M | 240.41M | 185.39M | 74.69M | 93.36M | 97.73M | 67.47M | 34.25M | 6.22M | 427.43K |
| Gross Profit Ratio | 54.79% | 56.37% | 56.68% | 58.68% | 59.40% | 59.34% | 60.28% | 61.21% | 62.06% | 62.50% | 64.06% | 64.54% | 63.25% | 54.63% | 68.22% | 68.35% | 67.97% | 63.99% | 64.50% | 77.62% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.79M | 6.41M | 11.35M | 10.78M | 14.68M | 14.44M | 13.78M | 13.32M | 11.51M | 10.26M | 9.71M | 11.99M | 11.06M | 6.74M | 4.52M | 0.00 | 0.00 | 3.08M | 913.14K | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 4.79M | 6.41M | 11.35M | 10.78M | 14.68M | 14.44M | 13.78M | 13.32M | 11.51M | 10.26M | 9.71M | 11.99M | 11.06M | 6.74M | 4.52M | 0.00 | 0.00 | 3.08M | 913.14K | 55.50K |
| Other Expenses | 2.19M | 1.25M | 1.36M | 1.42M | 1.13M | -6.42M | 1.05M | -741.00K | -2.14M | 121.00K | 85.00K | -342.00K | 0.00 | 200.00K | -7.29M | -223.00K | -56.39M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 6.98M | 7.66M | 12.71M | 12.21M | 15.81M | 14.44M | 13.78M | 13.32M | 11.51M | 10.26M | 9.71M | 11.99M | 11.06M | 78.67M | 59.24M | 63.11M | 46.02M | 29.23M | 5.57M | 253.74K |
| Cost & Expenses | 158.80M | 170.19M | 194.43M | 201.85M | 227.61M | 222.98M | 218.88M | 226.36M | 214.69M | 197.97M | 176.25M | 144.05M | 118.75M | 140.70M | 102.73M | 108.35M | 77.81M | 48.50M | 9.00M | 376.96K |
| Interest Income | 31.51M | 17.45M | 1.89M | 4.80M | 3.26M | 2.19M | 1.48M | 2.06M | 1.32M | 1.82M | 2.03M | 2.65M | 2.58M | 2.55M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 119.25M | 87.16M | 67.11M | 83.11M | 105.44M | 98.05M | 94.60M | 107.72M | 110.48M | 108.55M | 102.62M | 94.28M | 78.94M | 54.84M | 40.10M | 41.05M | 28.19M | 17.00M | 3.16M | 239.38K |
| Depreciation & Amortization | 1.23M | 1.25M | 1.36M | 1.42M | 1.13M | 1.05M | 911.00K | 859.00K | 755.00K | 575.00K | 511.00K | 353.00K | 120.00K | 59.46M | 44.33M | 44.88M | 31.67M | 15.24M | 2.70M | 198.23K |
| EBITDA | -217.19M | 294.90M | 242.56M | 281.12M | 331.86M | 298.55M | 329.63M | 337.07M | 323.26M | 307.01M | 294.28M | 231.41M | 174.46M | 103.08M | 48.27M | 92.99M | 60.16M | 31.17M | 5.31M | 371.92K |
| EBITDA Ratio | -64.67% | 79.16% | 57.82% | 61.26% | 63.62% | 58.21% | 61.96% | 61.38% | 60.36% | 60.16% | 64.14% | 62.13% | 59.52% | 49.01% | 59.25% | 65.04% | 60.61% | 58.24% | 55.03% | 67.54% |
| Operating Income | 184.02M | 293.64M | 237.79M | 269.28M | 309.86M | 304.32M | 311.22M | 336.12M | 332.40M | 312.85M | 296.88M | 231.06M | 174.34M | 3.98M | 34.12M | 48.10M | 21.45M | 5.02M | 646.09K | 188.05K |
| Operating Income Ratio | 54.79% | 78.83% | 56.68% | 58.68% | 59.40% | 59.34% | 60.28% | 61.21% | 62.06% | 62.50% | 64.06% | 62.03% | 59.48% | 2.91% | 24.93% | 33.64% | 21.61% | 9.38% | 6.70% | 34.15% |
| Total Other Income/Expenses | -521.69M | -200.92M | 158.91M | -241.39M | -175.69M | -145.16M | -77.11M | -214.20M | -501.58M | -107.66M | -91.89M | 109.28M | 149.06M | 200.00K | -47.39M | -40.82M | -28.07M | -16.18M | -3.16M | -253.74K |
| Income Before Tax | -337.67M | 9.06M | 390.46M | 22.28M | 124.55M | 159.16M | 234.12M | 116.62M | -175.70M | 197.89M | 191.16M | 340.34M | 320.82M | 4.18M | -13.27M | -6.20M | -4.24M | -11.15M | -2.52M | -65.69K |
| Income Before Tax Ratio | -100.55% | 2.43% | 93.08% | 4.85% | 23.88% | 31.03% | 45.34% | 21.24% | -32.81% | 39.53% | 41.25% | 91.37% | 109.46% | 3.05% | -9.69% | -4.34% | -4.27% | -20.84% | -26.12% | -11.93% |
| Income Tax Expense | -5.61M | 14.36M | 1.29M | 733.00K | 1.82M | 527.00K | -319.00K | 683.00K | 110.78M | 104.68M | 110.16M | 94.28M | -469.00K | 11.52M | 10.90M | 457.00K | -10.39M | 27.91M | 1.96M | 25.54K |
| Net Income | -332.07M | -5.29M | 389.18M | 21.54M | 102.80M | 136.69M | 216.02M | 97.50M | -175.70M | 180.22M | 177.15M | 337.36M | 321.29M | -3.78M | -9.19M | -6.79M | 6.16M | -11.15M | -2.52M | -91.23K |
| Net Income Ratio | -98.88% | -1.42% | 92.77% | 4.69% | 19.71% | 26.65% | 41.84% | 17.76% | -32.81% | 36.00% | 38.23% | 90.57% | 109.62% | -2.76% | -6.71% | -4.75% | 6.20% | -20.84% | -26.12% | -16.57% |
| EPS | -3.10 | -0.04 | 2.87 | 0.16 | 0.86 | 0.89 | 1.43 | 0.67 | -1.28 | 1.36 | 1.45 | 3.21 | 4.02 | -0.07 | -0.27 | -0.21 | 0.25 | -0.94 | -0.74 | -0.26 |
| EPS Diluted | -3.10 | -0.04 | 2.86 | 0.16 | 0.86 | 0.89 | 1.43 | 0.67 | -1.28 | 1.33 | 1.41 | 3.14 | 3.60 | -0.07 | -0.27 | -0.21 | 0.24 | -0.94 | -0.74 | -0.26 |
| Weighted Avg Shares Out | 111.29M | 117.93M | 129.55M | 136.21M | 142.43M | 153.07M | 150.58M | 144.92M | 137.60M | 132.55M | 122.41M | 105.05M | 79.87M | 57.00M | 33.92M | 32.09M | 24.62M | 11.86M | 3.40M | 352.48K |
| Weighted Avg Shares Out (Dil) | 111.29M | 118.47M | 130.03M | 136.61M | 142.43M | 153.57M | 150.89M | 145.21M | 137.60M | 143.12M | 133.07M | 115.64M | 92.41M | 57.00M | 33.92M | 32.09M | 25.48M | 11.86M | 3.40M | 352.48K |
Artis Real Est In Tr (ARESF) Q3 2023 Earnings Call Transcript
Artis Real Est In Tr (OTC:ARESF) Q3 2023 Earnings Conference Call November 3, 2023 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - COO Conference Call Participants...
Artis: Heavily Discounted REIT, Here Is One Way To Play It
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Artis Real Estate Investment Trust (ARESF) Q2 2023 Earnings Call Transcript
Artis Real Estate Investment Trust (OTC:ARESF) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Heather Nikkel - Investor Relations Samir Manji - President and Chief Executive Officer Jaclyn Koenig - Chief Financial Officer Kim Riley...
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Artis Real Est In Tr (ARESF) Q1 2023 Earnings Call Transcript
Artis Real Est In Tr ( ARESF ) Q1 2023 Earnings Conference Call May 12, 2023 1:00 PM ET Company Participants Heather Nikkel - Vice President-Investor Relations & Sustainability Samir Manji - President & Chief Executive Officer Jaclyn Koenig -...
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Artis Real Est In Tr (ARESF) Q4 2022 Earnings Call Transcript
Artis Real Est In Tr ( ARESF ) Q4 2022 Earnings Conference Call March 1, 2023 1:00 PM ET Company Participants Heather Nikkel - Vice President-Investor Relations & Sustainability Samir Manji - President & Chief Executive Officer Jaclyn Koenig -...
Artis Real Est In Tr (ARESF) Q3 2022 Earnings Call Transcript
Artis Real Est In Tr ( ARESF ) Q3 2022 Earnings Conference Call November 4, 2022 1:00 PM ET Company Participants Heather Nikkel – Vice President-Investor Relations and Sustainability Samir Manji – President and Chief Executive Officer Jaclyn Koenig –...
Artis Real Est In Tr (ARESF) CEO Samir Manji on Q2 2022 Results - Earnings Call Transcript
Artis Real Est In Tr ( ARESF ) Q2 2022 Earnings Conference Call August 5, 2022 1:00 PM ET Company Participants Heather Nikkel - Vice President, Investor Relations and Sustainability Samir Manji - President and Chief Executive Officer Jaclyn Koenig...
Artis Real Est In Tr (ARESF) CEO Samir Manji on Q1 2022 Results - Earnings Call Transcript
Artis Real Est In Tr ( ARESF ) Q1 2022 Earnings Conference Call May 6, 2022 1:00 PM ET Company Participants Samir Manji – President and Chief Executive Officer Jaclyn Koenig – Chief Financial Officer Kim Riley – Chief Operating...
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