GLADSTONE LAND CORP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $25.1M | $17.3M | $11.9M | $7.2M | $4.0M | $3.4M | $3.0M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $1.6M | $1.4M | $1.2M | $1.4M | $679.1K | $50.3K | $105.7K |
| Operating Income | $11.4M | $7.1M | $4.6M | $1.6M | $1.4M | $1.9M | $1.3M |
| Operating Margin | 45.3% | 40.7% | 38.4% | 22.3% | 33.6% | 56.1% | 43.3% |
| Interest Expense | $9.8M | $6.0M | $4.2M | $2.0M | $1.1M | $1.0M | $805.5K |
| Pretax Income | — | $473.5K | $568.5K | $-98.6K | $295.0K | $900.7K | $13.7K |
| Income Tax Expense | — | $0 | $0 | $26.5K | $1.5M | $300.3K | $7.5K |
| Net Income | $-31.0K | $448.0K | $569.0K | $-125.1K | $-1.2M | $600.4K | $6.2K |
| Net Margin | -0.1% | 2.6% | 4.8% | -1.7% | -30.3% | 17.7% | 0.2% |
| EPS (Basic) | $0.00 | $0.04 | $0.07 | $-0.02 | $-0.20 | $0.22 | $0.00 |
| EPS (Diluted) | $0.00 | $0.04 | $0.07 | $-0.02 | $-0.20 | $0.22 | $0.00 |
| Shares Outstanding (Basic) | 13.8M | 10.0M | 10.0M | 7.8M | 6.5M | 2.8M | — |
| Shares Outstanding (Diluted) | 13.8M | 10.0M | 10.0M | 7.8M | 6.5M | 2.8M | — |
| Dividends Per Share | $0.52 | $0.50 | $0.47 | $0.36 | $1.49 | — | $0.37 |