See more : adesso SE (ADSGF) Income Statement Analysis – Financial Results
Complete financial analysis of NewLake Capital Partners, Inc. (NLCP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of NewLake Capital Partners, Inc., a leading company in the REIT – Specialty industry within the Real Estate sector.
You may be interested
- Vicinity Motor Corp. (VMC.V) Income Statement Analysis – Financial Results
- FiscalNote Holdings, Inc. (NOTE) Income Statement Analysis – Financial Results
- CF Industries Holdings, Inc. (0HQU.L) Income Statement Analysis – Financial Results
- Unieuro S.p.A. (UNIR.MI) Income Statement Analysis – Financial Results
- Grupo TMM, S.A.B. (TMMA.MX) Income Statement Analysis – Financial Results
NewLake Capital Partners, Inc. (NLCP)
About NewLake Capital Partners, Inc.
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Founded in 2019, it is a triple-net lease REIT that acquires industrial and retail properties through sale-leaseback transactions, third-party purchases and build-to-suit projects. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 47.30M | 44.79M | 28.20M | 11.66M | 275.00K |
| Cost of Revenue | 14.92M | 60.00K | 144.00K | 15.62M | 43.00K |
| Gross Profit | 32.38M | 44.73M | 28.06M | -3.96M | 232.00K |
| Gross Profit Ratio | 68.45% | 99.87% | 99.49% | -33.93% | 84.36% |
| Research & Development | 0.00 | 0.50 | 0.41 | -0.89 | -3.22 |
| General & Administrative | 7.56M | 9.39M | 8.47M | 8.78M | 2.20M |
| Selling & Marketing | 167.00K | 0.00 | 0.00 | 0.00 | 5.61K |
| SG&A | 7.73M | 9.39M | 8.47M | 8.78M | 2.21M |
| Other Expenses | 0.00 | 12.83M | 8.10M | 2.60M | 6.00K |
| Operating Expenses | 21.99M | 22.22M | 16.56M | 11.38M | 2.46M |
| Cost & Expenses | 22.65M | 22.22M | 16.71M | 11.38M | 1.17M |
| Interest Income | 747.00K | 113.00K | 100.00K | 153.00K | 6.00K |
| Interest Expense | 379.00K | 273.00K | 6.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 14.27M | 22.42M | 16.56M | 23.74M | 34.00K |
| EBITDA | 38.92M | 35.34M | 19.59M | -7.83M | -857.00K |
| EBITDA Ratio | 82.28% | 79.28% | 69.83% | 26.06% | -311.64% |
| Operating Income | 24.66M | 22.52M | 11.50M | 436.00K | -891.00K |
| Operating Income Ratio | 52.12% | 50.27% | 40.76% | 3.74% | -324.00% |
| Total Other Income/Expenses | 368.00K | -160.00K | 94.00K | 153.00K | 413.57K |
| Income Before Tax | 25.02M | 22.36M | 11.59M | -10.43M | -885.00K |
| Income Before Tax Ratio | 52.90% | 49.91% | 41.09% | -89.45% | -321.82% |
| Income Tax Expense | 0.00 | 540.00K | 362.00K | 234.00K | -891.00K |
| Net Income | 24.59M | 21.98M | 11.23M | -10.67M | -885.00K |
| Net Income Ratio | 51.97% | 49.06% | 39.83% | -91.46% | -321.82% |
| EPS | 1.18 | 1.03 | 0.52 | -0.50 | 0.00 |
| EPS Diluted | 1.16 | 1.01 | 0.51 | -0.50 | -885.00K |
| Weighted Avg Shares Out | 21.17M | 21.42M | 21.42M | 21.24M | 0.00 |
| Weighted Avg Shares Out (Dil) | 21.55M | 21.81M | 21.81M | 21.24M | 0.00 |
Top Cannabis REITs to Watch in Mid-August: Maximizing Growth and Dividends
As the U.S. cannabis industry continues its rapid expansion, cannabis-focused REITs (Real Estate Investment Trusts) are becoming essential investment vehicles. The industry is projected to grow significantly, with sales expected to reach $41 billion by 2025. This growth is driven...
NewLake Capital Partners Reports Second Quarter 2024 Financial Results
Second Quarter 2024 Revenue Totaled $12.5 Million, an Increase of 9.5% Year-Over-Year
7 Dividend Stocks to Secure Your Future for the Next Decade
Sector-based focus is critical in dividend investing, through which an investor can build a secure financial future from sectors most known for their stability and growth potential. This article reviews seven top dividend stocks that portray excellent yield opportunities with...
Looking For Bargains During Market Uncertainty With Steven Cress
Steven Cress emphasizes the importance of data-driven models over emotional reactions to volatile markets. Dividend stocks may face challenges in a prolonged bear market, but focusing on companies with strong dividend safety and growth grades can provide stability.
Cash Cows: 9 High-Yield REITs With Safe Dividends
High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REITs. Seeking Alpha Premium offers a Dividend Safety grade...
Buckle Your Seat Belt: Dividend Stocks For Market Turbulence (SA Quant)
Market volatility has soared amid economic uncertainty, slower job growth, anxiety over the November U.S. Presidential election, and concerns over the timing and impact of interest rate-easing. Market reactions to rate cuts and recession prospects could lead to rotations into...
The Top 3 Dividend Stocks to Buy Now: Summer 2024
Dividend stocks are an excellent way for investors to steadily grow their portfolio, especially for the long term. Accessing dividends is vital to growing a large and diverse portfolio.
Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks
I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their return drivers – earnings growth, dividend yield and valuation...
3 Small-Cap Stocks to Buy as Rate-Cut Odds Rise
Small-cap stocks are solid investments in many different environments. They provide investors with diverse exposure to the stock market and, due to their growth potential, upside potential.
Top Marijuana Stocks For Investors Who Trade Cannabis Today
The cannabis industry has seen massive growth over the last several years. This success has led to many investing and taking profits. Cannabis once viewed as a taboo substance has turned into one of the biggest consumer products both medically...
Source: https://incomestatements.info
Category: Stock Reports