See more : WisdomTree, Inc. (WETF) 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 Tax Treatment of 2023 Distributions
VANCOUVER , Jan. 26, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2023 distributions to holders of the Company's common stock and 6.625% Series A Cumulative Redeemable Preferred Stock ("Preferred...
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VANCOUVER , Jan. 10, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter and year ended December 31, 2023, before the market opens on Thursday,...
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City Office REIT Announces Dividends for Fourth Quarter 2023
VANCOUVER , Dec. 15, 2023 /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...
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Source: https://incomestatements.info
Category: Stock Reports