WRE | Elme Communities Stock Financials Income Statements Annual

(Stock Exchange: NYSE)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	N/A	N/A	169.15M	294.12M	309.18M	336.89M	325.08M	313.26M	306.43M	288.64M	263.02M	304.98M	289.53M	297.98M	306.93M	282.31M	255.66M	219.66M	190.05M	172.39M	163.82M	153.61M	148.42M	134.73M	118.97M	103.60M	79.43M	65.54M	52.60M	45.51M
Cost of Revenue	98.63M	72.28M	66.92M	112.91M	115.58M	116.23M	115.65M	115.01M	94.23M	85.64M	76.98M	83.86M	97.19M	98.92M	104.57M	94.57M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	-98.63M	-72.28M	102.24M	181.21M	193.60M	220.66M	209.43M	198.25M	212.20M	203.00M	186.04M	221.13M	192.34M	199.06M	202.36M	187.74M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Expenses	25.89M	28.26M	106.83M	23.95M	162.32M	143.32M	134.64M	127.95M	147.20M	133.83M	119.59M	137.98M	109.03M	108.40M	107.95M	98.75M	164.79M	134.06M	113.28M	97.03M	88.89M	77.68M	42.15M	38.32M	35.28M	31.11M	25.46M	21.93M	16.60M	14.03M
Selling, General & Admin	25.89M	28.26M	34.17M	23.95M	26.07M	22.09M	22.58M	19.55M	38.26M	37.82M	33.85M	34.91M	15.73M	14.41M	13.91M	12.32M	15.10M	12.62M	8.01M	6.19M	5.28M	4.58M	9.17M	10.29M	6.17M	6.56M	4.24M	3.10M	3.36M	3.22M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	N/A	N/A	72.66M	N/A	136.25M	121.23M	112.06M	108.41M	108.94M	96.01M	85.74M	103.07M	93.30M	93.99M	94.04M	86.43M	149.69M	121.44M	105.28M	90.83M	83.62M	73.11M	32.98M	28.03M	29.11M	24.56M	21.22M	18.84M	13.25M	10.82M
Operating Income	-52.98M	-30.87M	50.45M	22.22M	82.87M	77.95M	66.56M	171.50M	148.14M	64.03M	65.19M	80.82M	83.31M	90.66M	94.41M	88.99M	90.87M	85.60M	76.76M	75.36M	74.93M	75.93M	106.28M	96.42M	83.69M	72.48M	53.97M	43.61M	36.00M	31.48M
Other Expenses / Income	N/A	N/A	-103.59M	-37.90M	-53.73M	-52.32M	-47.03M	-52.83M	-58.96M	-58.96M	-65.38M	-63.72M	-17.96M	-77.53M	-68.39M	-3.87M	3.18M	906.00K	1.42M	N/A	N/A	N/A	1.69M	943.00K	732.00K	880.00K	1.01M	708.00K	715.19K	-550.28K
Before Tax Income	-52.98M	-30.87M	-53.14M	-15.68M	29.13M	25.63M	19.53M	118.67M	89.19M	5.07M	-193.00K	17.10M	N/A	13.13M	26.02M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax Expenses	N/A	24.94M	34.06M	-117.24M	N/A	-1.18M	-84.00K	-615.00K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-52.98M	-55.81M	-87.20M	-15.68M	383.55M	25.63M	19.67M	119.34M	89.74M	111.64M	37.35M	23.71M	104.88M	37.43M	40.74M	32.84M	61.88M	38.66M	77.64M	45.56M	44.89M	51.84M	52.35M	45.14M	44.30M	41.06M	30.14M	27.96M	26.10M	23.12M
Interest Expenses	-30.43M	-24.94M	34.06M	37.30M	53.73M	51.14M	47.53M	53.13M	59.55M	59.78M	63.57M	64.70M	66.47M	68.39M	75.00M	69.91M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	87.73M	87.39M	82.35M	82.35M	80.33M	78.96M	76.82M	72.16M	68.18M	66.80M	66.58M	66.24M	65.98M	62.14M	56.89M	49.14M	45.91M	43.68M	42.07M	41.64M	39.40M	39.06M	37.67M	35.73M	35.73M	35.71M	33.48M	31.78M	29.66M	28.20M
Diluted Shares Outstanding	87.73M	87.39M	82.35M	82.35M	80.33M	79.04M	76.94M	72.34M	68.31M	66.84M	66.58M	66.38M	65.98M	62.26M	56.97M	49.37M	46.12M	43.87M	42.20M	41.86M	39.60M	39.28M	37.67M	35.87M	35.73M	35.75M	33.48M	31.78M	29.66M	28.23M
EBITDA	35.97M	60.85M	146.01M	25.01M	578.46M	198.00M	179.17M	280.26M	258.22M	267.44M	198.82M	192.34M	271.88M	201.56M	210.19M	189.65M	132.91M	92.83M	124.87M	86.66M	80.64M	81.05M	79.09M	67.86M	63.89M	56.46M	41.05M	35.46M	31.19M	27.10M
EBITDA Margin	0.00%	0.00%	86.32%	8.50%	187.10%	58.77%	55.12%	89.46%	84.27%	92.65%	75.59%	63.07%	93.91%	67.64%	68.48%	67.18%	51.99%	42.26%	65.71%	50.27%	49.23%	52.76%	53.29%	50.37%	53.70%	54.50%	51.68%	54.10%	59.29%	59.55%
EBIT	-83.41M	-55.81M	-19.08M	-95.61M	437.28M	75.60M	67.12M	171.85M	149.29M	171.42M	100.92M	88.41M	171.36M	105.81M	115.75M	102.75M	61.88M	38.66M	77.64M	45.56M	44.89M	51.84M	52.35M	45.14M	44.30M	41.06M	30.14M	27.96M	26.10M	23.12M
EBIT Margin	0.00%	0.00%	-11.28%	-32.51%	141.43%	22.44%	20.65%	54.86%	48.72%	59.39%	38.37%	28.99%	59.19%	35.51%	37.71%	36.40%	24.20%	17.60%	40.85%	26.43%	27.40%	33.75%	35.27%	33.50%	37.24%	39.64%	37.94%	42.67%	49.63%	50.81%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31