URBAN EDGE PROPERTIES
Income Statement
| Line Item | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.6M | $116.6M | $101.8M | $99.1M | $99.4M | $101.6M | $98.3M | $97.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $9.0M | $9.2M | $8.9M | $9.9M | $9.1M | $11.5M | $9.9M | $10.6M |
| Operating Income | $22.7M | $253.4M | $72.5M | $27.7M | $-5.1M | $29.5M | $26.5M | $26.2M |
| Operating Margin | 20.7% | 217.3% | 71.2% | 27.9% | -5.1% | 29.0% | 26.9% | 26.7% |
| Interest Expense | $19.6M | $21.5M | $17.9M | $17.1M | $14.3M | $14.5M | $14.3M | $13.5M |
| Pretax Income | $3.1M | $231.9M | $54.6M | $10.6M | $-19.4M | $15.0M | $12.1M | $12.7M |
| Income Tax Expense | $665.0K | $-10.0K | $17.1M | $41.0K | $706.0K | $641.0K | $646.0K | $711.0K |
| Net Income | $2.6M | $221.2M | $36.1M | $10.3M | $-19.1M | $13.7M | $11.4M | $11.6M |
| Net Margin | 2.4% | 189.8% | 35.5% | 10.4% | -19.2% | 13.5% | 11.6% | 11.9% |
| EPS (Basic) | $0.02 | $1.87 | $0.31 | $0.09 | $-0.16 | $0.11 | $0.10 | $0.10 |
| EPS (Diluted) | $0.02 | $1.87 | $0.31 | $0.09 | $-0.16 | $0.11 | $0.10 | $0.10 |
| Shares Outstanding (Basic) | 118.1M | 117.5M | 117.5M | 117.5M | 117.5M | 117.4M | 117.4M | 117.4M |
| Shares Outstanding (Diluted) | 122.8M | 117.6M | 122.2M | 117.6M | 117.5M | 121.6M | 121.7M | 117.4M |
| Dividends Per Share | $0.17 | — | $0.16 | — | — | — | — | — |