See more : Xiangxing International Holding Limited (1732.HK) Income Statement Analysis – Financial Results
Complete financial analysis of City Office REIT, Inc. (CIO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of City Office REIT, Inc., a leading company in the REIT – Office industry within the Real Estate sector.
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City Office REIT, Inc. (CIO)
About City Office REIT, Inc.
City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (NRA).
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 179.10M | 180.49M | 164.04M | 160.84M | 156.30M | 129.48M | 106.49M | 72.46M | 55.05M | 36.90M | 20.49M | 11.52M | 9.17M |
| Cost of Revenue | 70.00M | 67.74M | 58.01M | 58.31M | 57.32M | 49.87M | 42.89M | 28.31M | 20.42M | 14.33M | 6.02M | 4.11M | 3.08M |
| Gross Profit | 109.10M | 112.75M | 106.04M | 102.53M | 98.98M | 79.61M | 63.60M | 44.16M | 34.63M | 22.56M | 14.47M | 7.41M | 6.09M |
| Gross Profit Ratio | 60.92% | 62.47% | 64.64% | 63.75% | 63.33% | 61.48% | 59.73% | 60.94% | 62.91% | 61.16% | 70.61% | 64.31% | 66.43% |
| Research & Development | 0.00 | 0.10 | 2.96 | 0.03 | 0.02 | 0.30 | 0.09 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 14.84M | 13.78M | 15.49M | 10.69M | 11.07M | 8.14M | 6.79M | 6.54M | 5.03M | 3.09M | 1.06M | 969.50K | 675.87K |
| 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 |
| SG&A | 14.84M | 13.78M | 15.49M | 10.69M | 11.07M | 8.14M | 6.79M | 6.54M | 5.03M | 3.09M | 1.06M | 969.50K | 675.87K |
| Other Expenses | 62.99M | 62.50M | 57.32M | 60.37M | 59.16M | 52.35M | 41.59M | 30.18M | 21.62M | 14.73M | 9.16M | 4.93M | 3.84M |
| Operating Expenses | 77.83M | 76.28M | 72.81M | 71.06M | 70.23M | 60.49M | 48.39M | 36.72M | 26.65M | 17.82M | 10.22M | 5.90M | 4.52M |
| Cost & Expenses | 147.83M | 144.02M | 130.81M | 129.37M | 127.54M | 110.36M | 91.27M | 65.02M | 47.07M | 32.15M | 16.24M | 10.01M | 7.60M |
| Interest Income | -1.30M | 27.00M | 24.60M | 27.69M | 29.73M | 23.94M | 20.17M | 14.76M | 11.35M | 9.30M | 16.00 | 3.69M | 0.00 |
| Interest Expense | 31.88M | 25.78M | 23.27M | 26.36M | 28.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.37M | 0.00 | 2.19M |
| Depreciation & Amortization | 62.99M | 144.02M | 130.81M | 129.37M | 127.54M | 110.36M | 91.27M | 72.76M | 21.62M | 14.73M | 7.78M | 3.96M | 3.13M |
| EBITDA | 94.26M | 97.75M | 90.55M | 91.84M | 87.92M | 67.98M | 56.81M | 29.88M | 26.15M | 17.34M | 8.65M | 5.15M | 4.66M |
| EBITDA Ratio | 52.63% | 54.16% | 54.39% | 56.27% | 55.40% | 87.14% | 62.05% | 59.53% | 46.57% | 52.98% | 43.97% | 52.51% | 51.34% |
| Operating Income | 31.27M | 35.25M | 33.23M | 31.47M | 28.76M | 15.63M | 15.22M | -297.00K | 4.53M | 2.62M | 2.77M | 1.30M | 1.58M |
| Operating Income Ratio | 17.46% | 19.53% | 20.26% | 19.57% | 18.40% | 12.07% | 14.29% | -0.41% | 8.22% | 7.09% | 13.52% | 11.27% | 17.20% |
| Total Other Income/Expenses | -33.31M | -5.34M | 452.05M | -26.34M | -26.31M | 23.04M | -6.06M | 673.00K | -12.19M | -7.53M | -6.95M | -3.90M | -2.25M |
| Income Before Tax | -2.04M | 17.68M | 485.28M | 5.13M | 2.44M | 38.67M | 9.16M | 376.00K | -7.67M | -4.91M | -4.18M | -1.88M | -669.59K |
| Income Before Tax Ratio | -1.14% | 9.80% | 295.83% | 3.19% | 1.56% | 29.86% | 8.60% | 0.52% | -13.93% | -13.31% | -20.39% | -16.34% | -7.30% |
| Income Tax Expense | 0.00 | -7.52M | 24.15M | 26.97M | 29.05M | 45.36M | 12.66M | 14.48M | -1.59M | 329.00K | -1.58M | 505.88K | -53.14K |
| Net Income | -2.68M | 25.20M | 484.40M | -21.84M | -26.60M | 38.17M | 5.76M | -843.00K | -6.59M | -3.04M | -4.13M | -1.60M | -617.45K |
| Net Income Ratio | -1.50% | 13.96% | 295.29% | -13.58% | -17.02% | 29.48% | 5.41% | -1.16% | -11.97% | -8.23% | -20.17% | -13.85% | -6.73% |
| EPS | -0.25 | 0.60 | 10.97 | -0.46 | -0.60 | 1.02 | -0.05 | -0.04 | -0.53 | -0.36 | -0.54 | -0.20 | -0.08 |
| EPS Diluted | -0.25 | 0.59 | 10.80 | -0.46 | -0.60 | 1.01 | -0.05 | -0.04 | -0.53 | -0.36 | -0.52 | -0.20 | -0.08 |
| Weighted Avg Shares Out | 39.92M | 42.05M | 43.50M | 47.22M | 44.00M | 37.32M | 30.20M | 20.18M | 12.41M | 8.48M | 7.66M | 8.01M | 8.01M |
| Weighted Avg Shares Out (Dil) | 39.92M | 42.87M | 44.15M | 47.22M | 44.00M | 37.67M | 30.20M | 20.46M | 12.41M | 8.48M | 8.01M | 8.01M | 8.01M |
City Office REIT Announces Dividends for Third Quarter 2024
VANCOUVER , Sept. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common...
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City Office REIT, Inc. (CIO) Q2 2024 Earnings Call Transcript
City Office REIT, Inc. (NYSE:CIO ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Secretary & Treasurer Jamie Farrar - Chief Executive Officer & Director Conference Call Participants Rob...
Cellebrite Appoints Renowned Cybersecurity Expert Sigalit Shavit as Chief Information Officer
Appointment of first-ever CIO underscores the Company's commitment to technological innovation to accelerate justice through the Company's Case-to-Closure platform Appointment of first-ever CIO underscores the Company's commitment to technological innovation to accelerate justice through the Company's Case-to-Closure platform
City Office REIT (CIO) Misses Q2 FFO and Revenue Estimates
City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.28 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to FFO of $0.35 per share a year ago.
City Office REIT Reports Second Quarter 2024 Results
VANCOUVER , Aug. 1, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2024. Second Quarter Highlights Rental and other revenues were $42.3 million.
City Office REIT: I Will Buy More 9.4% Yielding Preferred Shares
City Office REIT's preferred dividend payments are fully covered by FFO and AFFO. The REIT's balance sheet is relatively robust, with a decreasing LTV ratio. The preferred shares offer an attractive 9.4% yield with manageable risk due to robust common...
City Office REIT Announces Second Quarter 2024 Earnings Release and Conference Call
VANCOUVER , June 28, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2024, before the market opens on Thursday, August 1,...
Source: https://incomestatements.info
Category: Stock Reports