gipr: the income statement

MyFinsight

For the year ending 2024-12-31, GIPR made $15,711,951 in revenue. -$8,444,487 in net income. Net profit margin of -53.75%.

Unit: Dollar

Income Statement	2024-12-31
Interest expense, net	-4,286,546
General and administrative expense	2,109,271
Depreciation and amortization	4,765,203
Compensation costs	1,060,336
Building expenses	2,673,624
Total expenses	14,894,980
Total revenue	9,762,636
Operating loss	-5,132,344
Gain on derivative valuation	-372,573
Loss on held for sale asset valuation	-77,244
Dead deal expense	-35,873
Net loss	-4,872,888
Less net income attributable to non-controlling interests	3,476,599
Net loss attributable to generation income properties, inc	-8,349,487
Less preferred stock dividends	95,000
Net loss attributable to common shareholders	-8,444,487

Basic eps	-1.64
Diluted eps	-1.64
Basic average shares	5,163,956
Diluted average shares	5,163,956