Landmark Infrastructure Partners LP (LMRK) Income Statement Analysis

See more : Johnson Electric Holdings Limited (JEHLY) Income Statement Analysis – Financial Results

Complete financial analysis of Landmark Infrastructure Partners LP (LMRK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Landmark Infrastructure Partners LP, a leading company in the Real Estate – Services industry within the Real Estate sector.

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Landmark Infrastructure Partners LP (LMRK)

Industry: Real Estate - Services

Sector: Real Estate

Website: https://www.landmarkmlp.com

About Landmark Infrastructure Partners LP

Landmark Infrastructure Partners LP acquires, owns, develops, and manages a portfolio of real property interests and infrastructure assets in the United States. The company leases its real property interests and infrastructure assets to companies operating in the wireless communication, digital infrastructure, outdoor advertising, and renewable power generation industries. Its real property interests primarily include long-term and perpetual easements, tenant lease assignments, fee simple properties, and infrastructure assets. The company also owns various interests in receivables associated with related assets. Landmark Infrastructure Partners GP LLC serves as the general partner of the company. Landmark Infrastructure Partners LP was incorporated in 2014 and is based in El Segundo, California.

Metric	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	58.84M	59.34M	64.77M	52.63M	41.17M	33.60M	14.20M	12.63M	6.78M
Cost of Revenue	1.88M	1.98M	1.15M	394.00K	303.00K	516.00K	24.72K	6.45K	26.27K
Gross Profit	56.96M	57.36M	63.62M	52.23M	40.87M	33.08M	14.17M	12.62M	6.76M
Gross Profit Ratio	96.81%	96.66%	98.23%	99.25%	99.26%	98.46%	99.83%	99.95%	99.61%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	4.74M	5.57M	4.73M	5.29M	3.76M	2.92M	1.18M	1.09M	400.38K
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	4.74M	5.57M	4.73M	5.29M	3.76M	2.92M	1.18M	1.09M	400.38K
Other Expenses	16.47M	14.24M	16.15M	13.54M	11.39M	7.15M	3.50M	2.31M	1.43M
Operating Expenses	21.21M	19.80M	20.88M	18.82M	15.14M	10.07M	4.68M	3.41M	1.83M
Cost & Expenses	23.09M	25.24M	27.03M	21.35M	21.13M	21.88M	4.70M	3.41M	1.86M
Interest Income	450.00K	832.00K	1.64M	1.59M	1.23M	786.14K	709.03K	742.19K	356.35K
Interest Expense	17.27M	18.17M	24.27M	18.40M	13.92M	8.40M	4.98M	3.84M	1.48M
Depreciation & Amortization	17.00M	14.24M	16.15M	13.54M	11.19M	6.92M	3.50M	2.31M	1.43M
EBITDA	62.93M	57.76M	156.45M	48.05M	35.04M	16.52M	5.78M	11.92M	4.43M
EBITDA Ratio	106.95%	97.34%	241.56%	91.30%	85.10%	49.18%	40.73%	94.36%	65.29%
Operating Income	35.75M	34.10M	37.73M	31.27M	20.04M	11.72M	9.50M	9.22M	4.92M
Operating Income Ratio	60.76%	57.47%	58.26%	59.43%	48.67%	34.88%	66.89%	72.98%	72.56%
Total Other Income/Expenses	-24.40M	-8.72M	78.32M	-15.14M	-10.12M	-10.51M	-8.95M	-3.45M	-3.40M
Income Before Tax	11.35M	25.39M	116.05M	16.13M	9.92M	1.21M	545.42K	5.76M	1.52M
Income Before Tax Ratio	19.29%	42.79%	179.18%	30.65%	24.10%	3.59%	3.84%	45.64%	22.37%
Income Tax Expense	-430.00K	3.78M	227.00K	-3.15M	3.81M	-2.11M	-3.97M	387.00K	-1.93M
Net Income	29.09M	21.58M	115.79M	19.26M	9.92M	1.21M	-2.70M	5.76M	1.52M
Net Income Ratio	49.43%	36.36%	178.79%	36.59%	24.10%	3.59%	-19.00%	45.64%	22.37%
EPS	1.14	0.85	4.23	0.74	0.49	0.09	-0.34	0.74	0.19
EPS Diluted	1.14	0.85	4.23	0.74	0.49	0.09	-0.34	0.74	0.19
Weighted Avg Shares Out	25.47M	25.34M	27.35M	25.97M	20.26M	13.83M	7.84M	7.84M	7.84M
Weighted Avg Shares Out (Dil)	25.47M	25.34M	27.35M	25.97M	20.26M	13.83M	7.84M	7.84M	7.84M

Landmark's 7.1% Yield With 3.6X Coverage Presents A Good Risk-Reward

November 16, 2020seekingalpha.com

Landmark common shares have not responded to the Pfizer vaccine rally. The shares are possibly a tad undervalued but we like the preferred shares more.

Landmark Infrastructure Partners LP (LMRK) CEO Tim Brazy on Q3 2020 Results - Earnings Call Transcript

November 4, 2020seekingalpha.com

Landmark Infrastructure Partners LP (LMRK) CEO Tim Brazy on Q3 2020 Results - Earnings Call Transcript

Oasis In The Desert Of Quality Yields: Landmark Preferred Shares Offer Consistent 8% Income From Cell Towers, Billboards And Renewable Power

November 4, 2020seekingalpha.com

Landmark Infrastructure Partners' sound business model provides stable cash flows and growth potential, standing as an oasis in the yield desert. LMRKO and LMRKP, the preferred shares of Landmark Infrastructure Partners, offer a generous 8% yield at current preferred stock...

Landmark Infrastructure Partners LP Reports Third Quarter Results

November 4, 2020globenewswire.com

EL SEGUNDO, Calif., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (“Landmark,” the “Partnership,” “we,” “us” or “our”) (Nasdaq: LMRK) today announced its third quarter financial results.

Understanding Landmark Infrastructure's Ex-Dividend Date

October 30, 2020benzinga.com

Landmark Infrastructure (NASDAQ: LMRK) declared a dividend payable on November 13, 2020 to its shareholders as of October 23, 2020. It was also announced that shareholders of Landmark Infrastructure's stock as of November 3, 2020 are entitled to the dividend.

Transition From LIBOR: What You Need To Know

September 8, 2020seekingalpha.com

LIBOR's five-decade run is coming to an end. In the US, it will be replaced by SOFR.

Landmark: 8% Yields With 3 Times Coverage

August 28, 2020seekingalpha.com

Landmark reported excellent Q2 2020 results. The company is showing a healthy cash flow retention.

Not So Common Fixed Income Preview

August 26, 2020seekingalpha.com

A review of all floating-rate preferred stocks, third-party trust preferred securities, trust preferred stocks, and preferred units.

BidaskClub Upgrades Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) to Hold

August 4, 2020thelincolnianonline.com

BidaskClub upgraded shares of Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) from a sell rating to a hold rating in a research note released on Friday morning, BidAskClub reports. Other analysts have also recently issued reports about the company. Zacks Investment...