Farmland Partners Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2012
Revenue	57.47	61.21	51.74	50.69	53.56	Upgrade
Revenue Growth (YoY)	-6.12%	18.31%	2.07%	-5.37%	-4.47%	Upgrade
Cost of Revenue	13.41	14.16	8.86	10.74	8.82	Upgrade
Gross Profit	44.05	47.05	42.88	39.95	44.74	Upgrade
Selling, General & Admin	12.55	14.88	18.36	9.64	10.07	Upgrade
Other Operating Expenses	13.5	7.2	7.72	7.99	8.33	Upgrade
Operating Expenses	26.05	22.08	26.07	17.62	18.4	Upgrade
Operating Income	18	24.97	16.81	22.33	26.34	Upgrade
Interest Expense / Income	22.66	16.14	15.93	17.68	19.59	Upgrade
Other Expense / Income	-35.41	-3.07	-9.11	-2.47	-7.14	Upgrade
Pretax Income	30.75	11.9	9.99	7.12	13.89	Upgrade
Income Tax	-0.17	0.23	0	0	0	Upgrade
Net Income	30.91	11.67	9.99	7.12	13.89	Upgrade
Preferred Dividends	3.13	3.27	15.83	12.4	12.56	Upgrade
Net Income Common	27.79	8.4	-5.83	-5.28	1.32	Upgrade
Net Income Growth	230.75%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	50	51	35	29	30	Upgrade
Shares Outstanding (Diluted)	58	51	35	29	30	Upgrade
Shares Change	14.40%	47.09%	17.92%	-2.63%	-6.20%	Upgrade
EPS (Basic)	0.55	0.16	-0.17	-0.18	0.04	Upgrade
EPS (Diluted)	0.53	0.16	-0.17	-0.18	0.04	Upgrade
EPS Growth	231.25%	-	-	-	-	Upgrade
Free Cash Flow	202.55	29.8	75.78	37.55	45.55	Upgrade
Free Cash Flow Per Share	4.03	0.58	2.19	1.28	1.51	Upgrade
Dividend Per Share	0.450	0.230	0.200	0.200	0.200	Upgrade
Dividend Growth	95.65%	15.00%	0%	0%	-43.66%	Upgrade
Gross Margin	76.66%	76.87%	82.88%	78.82%	83.53%	Upgrade
Operating Margin	31.32%	40.80%	32.50%	44.05%	49.17%	Upgrade
Profit Margin	48.35%	13.72%	-11.28%	-10.41%	2.47%	Upgrade
Free Cash Flow Margin	352.47%	48.69%	146.46%	74.08%	85.04%	Upgrade
Effective Tax Rate	-0.54%	1.91%	-	-	-	Upgrade
EBITDA	60.9	35	33.55	32.77	41.79	Upgrade
EBITDA Margin	105.98%	57.19%	64.84%	64.65%	78.03%	Upgrade
Depreciation & Amortization	7.5	6.96	7.63	7.97	8.32	Upgrade
EBIT	53.4	28.04	25.92	24.8	33.47	Upgrade
EBIT Margin	92.93%	45.82%	50.10%	48.92%	62.49%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).