Earnings Summary

Global Medical Reit, Inc.’s revenue jumped 7.78% since last year same period to $36.32Mn in the Q2 2023. On a quarterly growth basis, Global Medical Reit, Inc. has generated 0.24% jump in its revenue since last 3-months.

Global Medical Reit, Inc.’s net profit jumped 493.69% since last year same period to $13.28Mn in the Q2 2023. On a quarterly growth basis, Global Medical Reit, Inc. has generated 1872.51% jump in its net profits since last 3-months.

Global Medical Reit, Inc.’s net profit margin jumped 450.86% since last year same period to 36.55% in the Q2 2023. On a quarterly growth basis, Global Medical Reit, Inc. has generated 1867.79% jump in its net profit margins since last 3-months.

Global Medical Reit, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.03 - a -25% fall from last quarter’s estimates.

Global Medical Reit, Inc.’s earning per share (EPS) estimates for the current year stand at 0.03.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Global Medical Reit, Inc.’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Global Medical Reit, Inc.’s return on equity (ROE) stands at 0.04.

Global Medical Reit, Inc. declared 0.21 dividend per share during the earnings announcement for Q1 2023.