CIO
Income statement / Annual
Last year (2023), City Office REIT, Inc.'s total revenue was $179.10 M,
a decrease of 0.77% from the previous year.
In 2023, City Office REIT, Inc.'s net income was -$2.68 M.
See City Office REIT, Inc.’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 |
$179.10 M
|
$180.49 M
|
$164.04 M
|
$160.84 M
|
$156.30 M
|
$129.48 M
|
$106.49 M
|
$72.46 M
|
$55.05 M
|
$36.90 M
|
| Cost of Revenue |
$70.00 M |
$67.74 M |
$58.01 M |
$58.31 M |
$57.32 M |
$49.87 M |
$42.89 M |
$28.31 M |
$20.42 M |
$14.33 M |
| Gross Profit |
$109.10 M |
$112.75 M |
$106.04 M |
$102.53 M |
$98.98 M |
$79.61 M |
$63.60 M |
$44.16 M |
$34.63 M |
$22.56 M |
| Gross Profit Ratio |
0.61 |
0.62 |
0.65 |
0.64 |
0.63 |
0.61 |
0.6 |
0.61 |
0.63 |
0.61 |
| Research and Development
Expenses |
$0.00
|
$0.10
|
$2.96
|
$0.03
|
$0.02
|
$0.30
|
$0.09
|
$0.01
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$14.84 M
|
$13.78 M
|
$15.49 M
|
$10.69 M
|
$11.07 M
|
$8.14 M
|
$6.79 M
|
$6.54 M
|
$5.03 M
|
$3.09 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 |
$14.84 M
|
$13.78 M
|
$15.49 M
|
$10.69 M
|
$11.07 M
|
$8.14 M
|
$6.79 M
|
$6.54 M
|
$5.03 M
|
$3.09 M
|
| Other Expenses |
$55.16 M |
$62.50 M |
$57.32 M |
$60.37 M |
$59.16 M |
$52.35 M |
$41.59 M |
$30.18 M |
$21.62 M |
$14.73 M |
| Operating Expenses |
$70.00 M |
$76.28 M |
$72.81 M |
$71.06 M |
$70.23 M |
$60.49 M |
$48.39 M |
$36.72 M |
$26.65 M |
$17.82 M |
| Cost And Expenses |
$147.83 M |
$144.02 M |
$130.81 M |
$129.37 M |
$127.54 M |
$110.36 M |
$91.27 M |
$65.02 M |
$47.07 M |
$32.15 M |
| Interest Income |
-$1.30 M |
$27.00 M |
$24.60 M |
$27.69 M |
$29.73 M |
$23.94 M |
$20.17 M |
$14.76 M |
$11.35 M |
$9.30 M |
| Interest Expense |
$31.88 M |
$25.78 M |
$23.27 M |
$26.36 M |
$28.40 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$62.99 M
|
$144.02 M
|
$130.81 M
|
$129.37 M
|
$127.54 M
|
$110.36 M
|
$91.27 M
|
$72.76 M
|
$21.62 M
|
$14.73 M
|
| EBITDA |
$94.26 M
|
$97.75 M
|
$90.55 M
|
$91.84 M
|
$87.92 M
|
$67.98 M
|
$56.81 M
|
$29.88 M
|
$26.15 M
|
$17.34 M
|
| EBITDA Ratio |
0.53 |
0.54 |
0.54 |
0.56 |
0.55 |
0.87 |
0.62 |
0.6 |
0.47 |
0.53 |
| Operating Income Ratio
|
0.17
|
0.2
|
0.2
|
0.2
|
0.18
|
0.12
|
0.14
|
-0
|
0.08
|
0.07
|
| Total Other
Income/Expenses Net |
-$33.31 M
|
-$5.34 M
|
$452.05 M
|
-$26.34 M
|
-$26.31 M
|
$23.04 M
|
-$6.06 M
|
$673,000.00
|
-$12.19 M
|
-$7.53 M
|
| Income Before Tax |
-$2.04 M |
$17.68 M |
$485.28 M |
$5.13 M |
$2.44 M |
$38.67 M |
$9.16 M |
$376,000.00 |
-$7.67 M |
-$4.91 M |
| Income Before Tax Ratio
|
-0.01
|
0.1
|
2.96
|
0.03
|
0.02
|
0.3
|
0.09
|
0.01
|
-0.14
|
-0.13
|
| Income Tax Expense |
$0.00 |
-$7.52 M |
$24.15 M |
$26.97 M |
$29.05 M |
$45.36 M |
$12.66 M |
$14.48 M |
-$1.59 M |
$329,000.00 |
| Net Income |
-$2.68 M |
$25.20 M |
$484.40 M |
-$21.84 M |
-$26.60 M |
$38.17 M |
$5.76 M |
-$843,000.00 |
-$6.59 M |
-$3.04 M |
| Net Income Ratio |
-0.01 |
0.14 |
2.95 |
-0.14 |
-0.17 |
0.29 |
0.05 |
-0.01 |
-0.12 |
-0.08 |
| EPS |
-0.25 |
0.6 |
10.97 |
-0.46 |
-0.6 |
1.02 |
-0.05 |
-0.0418 |
-0.53 |
-0.36 |
| EPS Diluted |
-0.25 |
0.59 |
10.8 |
-0.46 |
-0.6 |
1.01 |
-0.05 |
-0.0412 |
-0.53 |
-0.36 |
| Weighted Average Shares
Out |
$39.92 M
|
$42.05 M
|
$43.50 M
|
$47.22 M
|
$44.00 M
|
$37.32 M
|
$30.20 M
|
$20.18 M
|
$12.41 M
|
$8.48 M
|
| Weighted Average Shares
Out Diluted |
$39.92 M
|
$42.87 M
|
$44.15 M
|
$47.22 M
|
$44.00 M
|
$37.67 M
|
$30.20 M
|
$20.46 M
|
$12.41 M
|
$8.48 M
|
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