Global Medical REIT Inc. Income Statement
GMRE / Real Estate|14 years of annual SEC 10-K data (FY2011-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
Global Medical REIT Inc. reported $139M in revenue and $7M in net income for FY2024. Revenue has grown at a 72.4% compound annual rate over the past 10 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- Conservative debt: Debt-to-equity ratio of 0.03
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $138.8M | $141.0M | $137.3M | $115.9M | $93.7M | $70.7M | $53.2M | $30.3M | $8.2M | $2.1M | $596.7K | $0 | - | - |
| SG&A Expense | $21.1M | $16.9M | $16.5M | $16.5M | $11.9M | $6.5M | $5.5M | $5.5M | $4.2M | $425.0K | $182.9K | $0 | $50.1K | $459 |
| Interest Expense | - | $30.9M | $25.2M | $19.7M | $18.7M | $17.5M | $15.0M | $7.4M | $4.1M | $1.5M | $454.7K | $0 | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - | - | - | $0 | $0 |
| Net Income | $6.7M | $21.7M | $20.0M | $18.3M | -$2.5M | $9.6M | $14.6M | -$87.0K | -$6.4M | -$1.6M | -$409.9K | -$45.3K | -$50.1K | -$459 |
| EPS (Basic) | $0.01 | $0.23 | $0.20 | $0.19 | -$0.17 | $0.10 | - | - | - | - | - | - | - | - |
| EPS (Diluted) | $0.01 | $0.23 | $0.20 | $0.19 | -$0.17 | $0.10 | - | - | - | - | - | - | - | - |
| Shares Outstanding | 65.9M | 65.5M | 65.5M | 60.6M | 46.3M | 33.9M | 22.0M | 19.6M | 9.3M | 250.0K | 250.0K | 19.6K | 5.5M | - |
| Profit Margin | 4.8% | 15.4% | 14.6% | 15.8% | -2.7% | 13.6% | 27.4% | -0.3% | -77.4% | -78.0% | -68.7% | - | - | - |