Gladstone Land Revenue, Profits - LAND Quarterly Income Statement

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$12.45 $0.05 (0.4%) LAND stock closing price Sep 21, 2018 (Closing)

Looking at financial statements, along with the Gladstone Land stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase to $11.39M for 2018 Q2 impacts the LAND stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses as shown in the Gladstone Land profit and loss statement for 2018 Q2 total to $7.84M. This line item shows that the operating expenses has increased compared with last year. Also check: Gladstone Land assets and Gladstone Land free cash flow.

View and download details of revenue and profits for Gladstone Land for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Gladstone Land Revenues or Net Sales
11.39M9.25M6.81M6.56M6M5.75M4.92M4.47M4.24M3.68M
Cost Of Goods Sold (COGS)1.07M1.08M1.01M-------
Gladstone Land Gross Profit
10.32M8.16M5.81M5.78M5.22M5.1M4.37M3.92M3.7M3.11M
Research & Development Expense----------
Selling General & Admin Expense5.6M3.18M---1.03M----
Income Before Depreciation Depletion Amortization4.71M4.97M5.07M4.97M4.5M4.07M3.72M3.23M2.92M2.37M
Depreciation Depletion Amortization2.24M2.18M2.12M2.05M1.59M1.47M1.45M1.43M1.33M-
Non Operating Income-1.5M-0.27M-0.39M-0.53M-0.45M-0.27M-0.45M-0.21M--
Interest Expense2.81M2.83M2.79M2.63M2.19M2.15M1.73M1.55M1.48M1.25M
Gladstone Land Pretax Income
-1.85M-0.31M-0.21M-0.24M------
Provision for Income Taxes----------
MinorityInterest-0.11M-0.02M-0.02M-0.02M------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-1.85M-0.32M-0.22M-0.25M------
Extraordinary Items & Discontinued Operations----------
Gladstone Land Profit/ Loss (Net Income)
-1.85M-0.32M-0.22M-0.25M------
Average Shares used to compute Diluted EPS16.42M13.96M13.67M13.72M13.3M11.85M11.25M10.02M9.99M10.23M
Average Shares used to compute Basic EPS15.51M13.96M13.67M12.27M11.85M10.4M10.03M10.02M9.99M9.99M
Income Before Nonrecurring Items-1.85M-0.32M-0.22M-0.25M------
Income from Nonrecurring Items----------
Gladstone Land Earnings Per Share Basic Net
-0.12-0.02-0.02-0.020.020.020.010.000.010.02
Gladstone Land Earnings Per Share Diluted Net
-0.11-0.02-0.02-0.020.020.020.010.000.010.02
EPS Diluted Before Nonrecurring Items-0.11-0.02-0.02-0.020.020.020.010.000.010.02
Preferred Dividends Acc Pd----------
Dividends Common2.042.021.80-------
Dividend Per Share Common0.130.130.130.130.130.130.130.120.120.12
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Gladstone Land stock analysis. It helps to look at the following income statement items:

  • Topline: A growing topline, as seen from the Gladstone Land revenue chart, as is the case with Gladstone Land indicates a growing business. One needs to compare the QoQ topline or sales growth of LAND stock with its peers like CLPR stock and GMRE stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $-1.85M for LAND stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The LAND financials along with Gladstone Land historical stock prices provide a lot of details about the firm.

Gladstone Land Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
5.68
Operating Margin
21.7
Dividend Yield
4.18%