LANDM
Income statement / Annual
Last year (2023), Gladstone Land Corporation's total revenue was $90.40 M,
an increase of 1.30% from the previous year.
In 2023, Gladstone Land Corporation's net income was $14.57 M.
See Gladstone Land Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
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 |
| Operating Revenue |
$90.40 M
|
$89.24 M
|
$75.32 M
|
$57.03 M
|
$40.69 M
|
$36.69 M
|
$25.12 M
|
$17.32 M
|
$11.90 M
|
$7.18 M
|
| Cost of Revenue |
$12.80 M |
$2.82 M |
$2.54 M |
$1.85 M |
$2.47 M |
$2.04 M |
$1.17 M |
$669,951.00 |
$729,036.00 |
$434,514.00 |
| Gross Profit |
$77.59 M |
$86.42 M |
$72.78 M |
$55.18 M |
$38.22 M |
$34.64 M |
$23.96 M |
$16.65 M |
$11.17 M |
$6.75 M |
| Gross Profit Ratio |
0.86 |
0.97 |
0.97 |
0.97 |
0.94 |
0.94 |
0.95 |
0.96 |
0.94 |
0.94 |
| Research and Development
Expenses |
$0.00
|
$0.06
|
$0.05
|
$0.09
|
$0.09
|
$0.13
|
$0.07
|
$0.03
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$6.95 M
|
$13.05 M
|
$9.99 M
|
$7.84 M
|
$5.28 M
|
$5.48 M
|
$4.53 M
|
$3.81 M
|
$3.02 M
|
$2.89 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$6.95 M
|
$13.05 M
|
$9.99 M
|
$7.84 M
|
$5.28 M
|
$5.48 M
|
$4.53 M
|
$3.81 M
|
$3.02 M
|
$2.89 M
|
| Other Expenses |
$0.00 |
$39.44 M |
$31.08 M |
$19.69 M |
$13.64 M |
-$1.46 M |
-$1.63 M |
-$567,768.00 |
$48,531.00 |
$35,489.00 |
| Operating Expenses |
$6.95 M |
$52.50 M |
$41.08 M |
$27.53 M |
$18.91 M |
$22.53 M |
$12.45 M |
$9.34 M |
$6.14 M |
$4.63 M |
| Cost And Expenses |
$19.75 M |
$55.32 M |
$43.61 M |
$29.38 M |
$21.39 M |
$24.58 M |
$13.62 M |
$10.01 M |
$6.87 M |
$5.06 M |
| Interest Income |
$0.00 |
$2.80 M |
$2.20 M |
$1.30 M |
$700,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$12,031.00 |
| Interest Expense |
$23.67 M |
$25.74 M |
$24.88 M |
$20.62 M |
$16.33 M |
$12.13 M |
$9.76 M |
$6.02 M |
$4.16 M |
$2.01 M |
| Depreciation &
Amortization |
$37.25 M
|
$55.32 M
|
$43.61 M
|
$29.38 M
|
$21.39 M
|
$25.67 M
|
$13.75 M
|
$10.26 M
|
$3.11 M
|
$1.74 M
|
| EBITDA |
$75.48 M
|
$69.73 M
|
$58.17 M
|
$44.34 M
|
$31.20 M
|
-$21.55 M
|
$18.61 M
|
$12.24 M
|
$7.84 M
|
$3.65 M
|
| EBITDA Ratio |
0.84 |
0.78 |
0.77 |
0.78 |
0.77 |
0.55 |
0.68 |
0.69 |
0.69 |
0.54 |
| Operating Income Ratio
|
0.78
|
0.38
|
0.41
|
0.49
|
0.45
|
0.33
|
0.45
|
0.41
|
0.38
|
0.22
|
| Total Other
Income/Expenses Net |
-$56.02 M
|
-$29.21 M
|
-$28.19 M
|
-$22.70 M
|
-$17.54 M
|
-$8.25 M
|
-$11.41 M
|
-$6.58 M
|
-$4.00 M
|
-$1.70 M
|
| Income Before Tax |
$14.57 M |
$4.72 M |
$3.51 M |
$4.96 M |
$1.76 M |
$2.77 M |
-$34,000.00 |
$473,488.00 |
$568,545.00 |
-$98,631.00 |
| Income Before Tax Ratio
|
0.16
|
0.05
|
0.05
|
0.09
|
0.04
|
0.08
|
-0
|
0.03
|
0.05
|
-0.01
|
| Income Tax Expense |
$0.00 |
$25.74 M |
$24.06 M |
$20.69 M |
$15.46 M |
$2.78 M |
$8.13 M |
$25,386.00 |
$471,313.00 |
$26,502.00 |
| Net Income |
$14.57 M |
-$21.02 M |
-$20.55 M |
-$15.73 M |
-$13.70 M |
$2.63 M |
-$31,000.00 |
$448,102.00 |
$568,545.00 |
-$125,133.00 |
| Net Income Ratio |
0.16 |
-0.24 |
-0.27 |
-0.28 |
-0.34 |
0.07 |
-0 |
0.03 |
0.05 |
-0.02 |
| EPS |
-0.28 |
-0.61 |
-0.68 |
-0.71 |
-0.7 |
0.17 |
-0.0026 |
0.04 |
0.07 |
-0.0183 |
| EPS Diluted |
-0.28 |
-0.61 |
-0.68 |
-0.71 |
-0.7 |
0.17 |
-0.0026 |
0.04 |
0.07 |
-0.0183 |
| Weighted Average Shares
Out |
$35.73 M
|
$34.56 M
|
$30.36 M
|
$22.26 M
|
$19.60 M
|
$15.50 M
|
$12.06 M
|
$10.01 M
|
$8.64 M
|
$6.85 M
|
| Weighted Average Shares
Out Diluted |
$35.73 M
|
$34.56 M
|
$30.36 M
|
$22.26 M
|
$19.60 M
|
$15.50 M
|
$12.06 M
|
$10.01 M
|
$8.64 M
|
$6.85 M
|
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