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Elme Communities (ELME)

For the quarter ending 2025-06-30, ELME made $62,099K in revenue. -$3,566K in net income. Net profit margin of -5.74%.

Overview

Revenue
$62,099K
Net Income
-$3,566K
Net Profit Margin
-5.74%
EPS
-$0.04
Unit: Thousand (K) dollars
Revenue Breakdown
    • Residential Segment-Operating Se...
    • Corporate And Reconciling Items

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Real estate rental revenue62,099 61,493 61,055 60,103
Real estate taxes and insurance8,038 7,819 8,163 7,986
General and administrative7,689 9,229 6,354 6,138
Depreciation and amortization23,560 23,239 23,474 23,895
Property operating and maintenance14,624 14,175 14,095 13,996
Property management2,256 2,246 2,235 2,175
Total expenses56,167 56,708 54,321 54,190
Real estate operating income5,932 4,785 6,734 5,913
Loss on extinguishment of debt- - -147 -
Other income- - - -
Interest expense9,498 9,460 9,557 9,384
Total other income (expense)-9,498 -9,460 -9,704 -9,384
Net (loss) income attributable to the controlling interests-3,566 -4,675 -2,970 -3,471
Basic net loss per common share (in dollars per share)-0.04 -0.05 -0.03 -0.04
Diluted net loss per common share (in dollars per share)-0.04 -0.05 -0.03 -0.04
Weighted average shares outstanding - basic (in shares)88,093,000 88,064,000 87,930,000 87,910,000
Weighted average shares outstanding - diluted (in shares)88,093,000 88,064,000 87,930,000 87,910,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Corporate And ReconcilingItems$4,416K ResidentialSegment-Operating Segments$57,683K Real estate rentalrevenue$62,099K (3.32%↑ Y/Y)Net (loss) incomeattributable to the...-$3,566K (-2.74%↓ Y/Y)Real estateoperating income$5,932K (0.32%↑ Y/Y)Total expenses$56,167K (3.65%↑ Y/Y)Total other income(expense)-$9,498K (-1.21%↓ Y/Y)Property management$2,256K (3.72%↑ Y/Y)Property operating andmaintenance$14,624K (4.49%↑ Y/Y)Depreciation andamortization$23,560K (-1.40%↓ Y/Y)General andadministrative$7,689K (25.27%↑ Y/Y)Real estate taxes andinsurance$8,038K (0.65%↑ Y/Y)Interest expense$9,498K (1.21%↑ Y/Y)