Financial Snapshot

Revenue
$10.22M
TTM
Gross Margin
73.04%
TTM
Net Earnings
-$10.22M
TTM
Current Assets
$1.982M
Q3 2024
Current Liabilities
$9.202M
Q3 2024
Current Ratio
21.54%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$32.73M
Q3 2024
Cash
Q3 2024
P/E
-1.003
Nov 29, 2024 EST
Free Cash Flow
-$5.384M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $7.633M $5.432M $3.900M $3.520M $1.731M $341.5K
YoY Change 40.5% 39.29% 10.79% 103.39% 406.78%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $7.633M $5.432M $3.900M $3.520M $1.731M $341.5K
Cost Of Revenue $1.699M $1.208M $768.2K $163.5K $45.21K
Gross Profit $5.933M $4.224M $3.132M $1.567M $296.3K
Gross Profit Margin 77.74% 77.76% 80.3% 90.56% 86.76%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $3.107M $2.959M $1.961M $1.148M $478.2K
YoY Change 5.0% 50.9% 140.1%
% of Gross Profit 52.36% 70.04% 62.6% 73.25% 161.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.539M $1.583M $1.079M $1.041M $665.7K $153.6K
YoY Change 123.5% 46.75% 3.61% 56.41% 333.47%
% of Gross Profit 59.64% 37.48% 34.45% 42.47% 51.82%
Operating Expenses $6.645M $7.898M $5.548M $4.865M $1.899M $631.8K
YoY Change -15.86% 42.36% 14.04% 156.21% 200.56%
Operating Profit -$711.8K -$2.466M -$1.648M -$1.345M -$331.5K -$335.4K
YoY Change -71.13% 49.61% 22.57% 305.66% -1.19%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$3.113M -$1.583M -$1.298M -$682.9K -$145.1K
YoY Change 96.69% 21.91% 370.6%
% of Operating Profit
Other Income/Expense, Net -$616.2K -$174.7K
YoY Change 252.68%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$4.441M -$2.747M -$712.4K -$1.014M -$480.6K
YoY Change 61.67% 285.61% 111.08%
Income Tax
% Of Pretax Income
Net Earnings -$6.192M -$3.238M -$1.242M -$1.832M -$1.508M -$455.8K
YoY Change 91.26% 160.58% -32.17% 21.47% 230.8%
Net Earnings / Revenue -81.13% -59.6% -31.86% -52.03% -87.12% -133.46%
Basic Earnings Per Share -$2.46 -$1.40 -$1.16 -$3.44
Diluted Earnings Per Share -$2.46 -$1.40 -$1.16 -$3.44 -$2.871M -$867.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $3.117M $3.719M $10.59M $974.4K $642.1K
YoY Change -16.16% -64.89% 51.74%
Cash & Equivalents $3.117M $3.719M $10.59M $974.4K $642.1K
Short-Term Investments
Other Short-Term Assets $139.9K $132.6K $237.6K $78.01K $9.850K
YoY Change 5.5% -44.17% 691.98%
Inventory
Prepaid Expenses
Receivables $241.2K $96.06K $88.66K $73.85K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $3.499M $3.947M $10.92M $1.126M $652.0K
YoY Change -11.37% -63.84% 72.74%
Property, Plant & Equipment $6.152M $6.233M $38.99M $35.29M $13.53M
YoY Change -1.29% -84.01% 160.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.141M $323.3K $191.3K $1.080M $18.01K
YoY Change 252.83% 68.97% 5897.17%
Total Long-Term Assets $105.2M $60.26M $42.50M $39.03M $14.58M
YoY Change 74.56% 41.78% 167.78%
Total Assets $108.7M $64.21M $53.42M $40.16M $15.23M
YoY Change
Accounts Payable $2.217M $4.261M $201.7K $82.94K $30.34K
YoY Change -47.98% 2012.11% 173.37%
Accrued Expenses $7.787M $6.851M $134.8K $473.6K $348.2K
YoY Change 13.66% 4981.45% 35.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $1.900M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.04M $11.16M $369.9K $2.512M $378.6K
YoY Change -10.04% 2916.39% 563.47%
Long-Term Debt $62.32M $35.23M $28.97M $26.40M $9.715M
YoY Change 76.87% 21.62% 171.73%
Other Long-Term Liabilities $1.815M $891.8K $806.3K $614.7K $102.4K
YoY Change 103.49% 10.6% 500.27%
Total Long-Term Liabilities $64.13M $36.13M $29.78M $27.01M $9.817M
YoY Change 77.52% 21.33% 175.15%
Total Liabilities $93.39M $53.52M $39.77M $37.72M $12.36M
YoY Change 74.5% 34.58% 205.16%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 2.520M 2.313M 1.068M 532.3K
Diluted Shares Outstanding 2.520M 2.313M 1.068M 532.3K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $10.25 Million

About GENERATION INCOME PROPERTIES, INC.

Generation Income Properties, Inc. is a real estate investment company, which engages in the acquisition and management of retail, office, and industrial properties net leased to tenants. The company is headquartered in Tampa, Florida and currently employs 4 full-time employees. The company went IPO on 2019-01-30. The firm is focused on acquiring and managing income-producing retail, office and industrial properties net leased to high quality tenants in markets throughout the United States. Its retail properties are located in Washington, D.C.; Tampa, FL; Tucson, AZ; San Antonio, TX; Bakersfield, CA; Big Spring, TX; Castalia, OH; Lakeside, OH; Litchfield, ME; Mount Gilead, OH; Thompsontown, PA, and others. Its office properties are located in Norfolk, VA; Manteo, NC; Plant City, FL; Maitland, FL; Vacaville, CA, and others. Its medical retail property is located in Chicago, IL. Its industrial property is located in Huntsville, AL. Its subsidiaries include Generation Income Properties, LP; GIP TRS Inc; GIP REIT OP Limited LLC; GIP DB SPE, LLC; GIPVB SPE, LLC; GIPVA 2510 WALMER AVE, LLC; GIPVA 130 CORPORATE BLVD, LLC; GIPNC 201 Etheridge Road LLC, and others.

Industry: Real Estate Investment Trusts Peers: American Strategic Investment Co. W. P. Carey Inc. FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Guskin Gold Corp. Medalist Diversified REIT, Inc. Presidio Property Trust, Inc. PILLARSTONE CAPITAL REIT