Financials in USD. Standardized financial statements.
A compact view of how Net Lease Office Properties turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $118.92M | $142.25M | $174.97M | $156.21M | $147.91M | $144.76M | $174.50M |
| Revenue Growth? | -16.4% | -18.7% | +12.0% | +5.6% | +2.2% | -17.0% | 0.0% |
| Cost of Revenue? | $35.62M | $43.66M | $37.84M | $32.00M | $30.08M | $28.44M | $34.13M |
| Gross Profit? | $83.30M | $98.58M | $137.12M | $124.21M | $117.83M | $116.32M | $140.37M |
| Gross Margin? | +70.0% | +69.3% | +78.4% | +79.5% | +79.7% | +80.4% | +80.4% |
| Operating Expenses? | $47.99M | $64.21M | $97.05M | $81.10M | $68.89M | $116.32M | $81.75M |
| Operating Income? | $35.31M | $34.37M | $40.07M | $43.11M | $48.94M | $0 | $58.63M |
| EBITDA? | -$93.46M | $53.13M | -$7.29M | $109.34M | $92.87M | $108.92M | $132.19M |
| Income Before Tax | -$145.00M | -$93.77M | -$131.30M | $16.26M | $3.06M | $16.82M | $14.67M |
| Income Tax Expense | $158,000 | -$2.38M | $425,000 | $486,000 | $1.65M | $800,000 | $843,000 |
| Net Income? | -$145.26M | -$91.47M | -$131.75M | $15.78M | $1.42M | $16.02M | $13.83M |
| EPS? | $-9.81 | $-6.18 | $-9.00 | $1.11 | $1.73 | $1.12 | $0.97 |
| Diluted EPS? | $-9.81 | $-6.18 | $-9.00 | $1.11 | $1.73 | $1.12 | $0.97 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality