Agree Realty Corporation
Income Statement
| Line Item | FY2009 |
|---|---|
| Revenue | $32.0M |
| Minimum Rents | $28.9M |
| Percentage Rents | $15.4K |
| Operating Cost Reimbursement | $2.6M |
| Development Fee Income | $409.6K |
| Other Income (Legacy) | $30.5K |
| Rental Income (Combined) | — |
| Other Revenue (Combined) | — |
| Cost of Revenue | — |
| Gross Profit | — |
| Gross Margin | — |
| Operating Expenses | |
| Research & Development | — |
| SG&A Expense | $4.6M |
| Operating Income | $18.6M |
| Operating Margin | 58.1% |
| Interest Expense | $4.0M |
| Pretax Income | — |
| Income Tax Expense | — |
| Net Income | $17.0M |
| Net Margin | 53.3% |
| EPS (Basic) | $2.15 |
| EPS (Diluted) | $2.14 |
| Shares Outstanding (Basic) | — |
| Shares Outstanding (Diluted) | — |
| Dividends Per Share | — |