Plymouth Industrial REIT (PLYM) Financial Statements

Price: $15.43
Market Cap: $702.85M
Avg Volume: 361.56K
Country: US
Industry: REIT - Industrial
Sector: Real Estate
Beta: 1.224
52W Range: $15.385-24.71
Website: Plymouth Industrial REIT

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Plymouth Industrial REIT.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$200.00M$200.00M$150.00M$150.00M$100.00M$100.00M$50.00M$50.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$160.00M$160.00M$120.00M$120.00M$80.00M$80.00M$40.00M$40.00M$0.00$0.00-$40.00M-$40.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $198.35M $199.85M $183.54M $140.62M $109.85M $75.29M $49.22M $24.82M $19.66M $19.29M
Cost of Revenue $61.72M $62.54M $56.60M $47.64M $38.16M $27.24M $17.45M $8.21M $5.93M $5.75M
Gross Profit $136.64M $137.31M $126.94M $92.98M $71.69M $48.05M $31.77M $16.61M $13.73M $13.54M
Gross Profit Ratio 68.89% 68.71% 69.16% 66.12% 65.26% 63.82% 64.55% 66.94% 69.85% 70.19%
Research and Development Expenses $- $- $-0 $-0 $-0 $-0 $-0 $-1 $-2 $-
General and Administrative Expenses $14.76M $14.90M $15.94M $12.92M $10.36M $7.48M $6.03M $5.19M $3.74M $4.69M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $14.76M $14.90M $15.94M $12.92M $10.36M $7.48M $6.03M $5.19M $3.74M $4.69M
Other Expenses $121.87M $122.40M $95.31M $70.64M $56.43M $37.38M $26.79M $14.00M $11.67M $12.14M
Operating Expenses $136.64M $137.31M $111.25M $83.56M $66.79M $44.86M $32.82M $19.19M $15.42M $16.82M
Cost and Expenses $198.35M $170.34M $167.85M $131.20M $104.95M $72.10M $50.27M $27.39M $21.34M $22.57M
Interest Income $1.65M $-2.18M $32.22M $19.97M $18.93M $14.95M $15.73M $- $- $44.68M
Interest Expense $37.15M $36.09M $32.22M $19.97M $17.46M $14.95M $- $11.58M $40.68M $-
Depreciation and Amortization $85.73M $92.89M $166.09M $136.32M $105.05M $72.28M $50.27M $27.50M $21.34M $11.79M
EBITDA $267.73M $142.79M $108.27M $75.34M $60.43M $39.36M $24.25M $14.00M $12.95M $7.79M
EBITDA Ratio 134.98% 71.45% 58.99% 53.58% 55.01% 52.28% 49.28% 56.40% 65.89% 40.38%
Operating Income $36.14M $29.51M $15.54M $8.57M $4.90M $3.19M $-1.05M $-2.68M $-1.46M $-5.37M
Operating Income Ratio 18.22% 14.77% 8.47% 6.09% 4.46% 4.24% -2.14% -10.79% -7.40% -27.83%
Total Other Income Expenses Net $108.71M $-15.70M $-32.63M $-23.84M $-19.36M $-15.13M $-20.12M $-11.35M $-37.83M $-45.30M
Income Before Tax $144.85M $13.81M $-17.10M $-15.27M $-14.46M $-11.94M $-21.18M $-14.03M $-39.29M $-48.66M
Income Before Tax Ratio 73.03% 6.91% -9.31% -10.86% -13.17% -15.86% -43.02% -56.52% -199.86% -252.28%
Income Tax Expense $2.49M $- $206.00K $18.86M $18.87M $13.43M $-2.46M $-5.32M $-2.30M $44.94M
Net Income $139.34M $13.66M $-17.30M $-34.13M $-33.33M $-25.37M $-18.72M $-8.71M $-36.99M $-48.66M
Net Income Ratio 70.25% 6.84% -9.43% -24.27% -30.34% -33.69% -38.03% -35.08% -188.15% -252.28%
EPS $3.89 $0.20 $-0.43 $-1.10 $-1.81 $-2.98 $-3.88 $-4.05 $-10.20 $-13.42
EPS Diluted $3.89 $0.20 $-0.43 $-1.10 $-1.81 $-2.98 $-3.88 $-4.05 $-10.20 $-13.42
Weighted Average Shares Outstanding 36.23M 43.55M 39.78M 30.91M 18.38M 8.50M 4.82M 2.15M 3.63M 3.63M
Weighted Average Shares Outstanding Diluted 36.23M 43.63M 39.78M 30.91M 18.38M 8.50M 4.82M 2.15M 3.63M 3.63M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$1.60B$1.60B$1.20B$1.20B$800.00M$800.00M$400.00M$400.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $17.55M $14.49M $11.00M $43.37M $15.67M $10.46M $14.96M $19.16M $941.00K $698.00K
Short Term Investments $- $- $30.11M $- $- $- $- $- $- $-
Cash and Short Term Investments $17.55M $14.49M $11.00M $43.37M $15.67M $10.46M $14.96M $19.16M $941.00K $698.00K
Net Receivables $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $-
Other Current Assets $26.08M $11.71M $20.21M $17.14M $16.39M $11.93M $9.57M $6.25M $9.26M $757.00K
Total Current Assets $43.63M $26.20M $31.21M $43.37M $32.05M $22.40M $14.96M $19.16M $10.20M $1.46M
Property Plant Equipment Net $- $4.83M $5.70M $6.55M $7.16M $2.10M $411.33M $278.39M $123.06M $129.71M
Goodwill $- $- $- $- $- $- $- $- $- $-
Intangible Assets $41.68M $51.47M $70.72M $75.86M $66.12M $57.09M $37.94M $27.62M $10.53M $14.77M
Goodwill and Intangible Assets $41.68M $51.47M $70.72M $75.86M $66.12M $57.09M $37.94M $27.62M $10.53M $14.77M
Long Term Investments $62.38M $- $30.11M $5.83M $6.68M $-685.48M $-470.16M $-329.95M $-145.75M $2.99M
Tax Assets $- $- $-35.82M $-6.55M $-7.16M $685.48M $470.16M $329.95M $145.75M $-
Other Non-Current Assets $1.22B $1.36B $1.42B $1.15B $815.42M $603.89M $5.93M $4.78M $1.95M $1.12M
Total Non-Current Assets $1.32B $1.42B $1.49B $1.23B $888.22M $663.08M $455.20M $310.79M $135.54M $148.60M
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $1.37B $1.44B $1.52B $1.27B $920.27M $685.48M $470.16M $329.95M $145.75M $150.05M
Account Payables $83.83M $67.71M $72.55M $66.88M $49.34M $36.28M $22.00M $16.02M $5.35M $4.27M
Short Term Debt $20.00M $19.57M $77.50M $- $5.39M $5.17M $- $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $-1.47M $- $-581.05M $-453.00K $- $-20.84M $-31.04M $-196.80M
Other Current Liabilities $- $1.44M $-78.13M $38.00M $-14.68M $-7.39M $28.19M $1.10M $30.99M $8.08M
Total Current Liabilities $103.83M $88.72M $150.05M $66.88M $139.34M $115.18M $22.00M $17.37M $5.56M $12.35M
Long Term Debt $626.02M $849.51M $839.12M $684.09M $514.98M $402.75M $324.25M $252.16M $146.72M $196.80M
Deferred Revenue Non-Current $- $- $998.09M $767.29M $581.05M $442.06M $346.24M $269.81M $183.32M $-
Deferred Tax Liabilities Non-Current $- $- $19.95M $22.25M $24.31M $10.46M $7.07M $6.81M $1.41M $-
Other Non-Current Liabilities $51.45M $15.43M $87.04M $16.33M $26.03M $5.25M $-28.19M $535.00K $264.00K $1.94M
Total Non-Current Liabilities $677.47M $864.94M $848.04M $700.41M $441.72M $326.87M $324.25M $252.44M $177.76M $198.74M
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $781.30M $953.66M $998.09M $767.29M $581.05M $442.06M $346.24M $269.81M $183.32M $211.09M
Preferred Stock $- $- $46.84M $142.91M $135.69M $128.66M $121.06M $48.93M $- $-
Common Stock $454.00K $452.00K $428.00K $361.00K $253.00K $141.00K $49.00K $39.00K $3.00K $13.00K
Retained Earnings $-43.26M $-182.61M $-194.24M $-177.26M $-162.25M $-148.40M $-137.98M $-119.21M $-110.51M $-73.52M
Accumulated Other Comprehensive Income Loss $17.52M $20.23M $29.74M $-0 $339.22M $-0 $-121.06M $-48.93M $-37.58M $-
Other Total Stockholders Equity $604.84M $644.94M $635.07M $532.67M $360.75M $256.26M $126.33M $123.27M $12.48M $12.47M
Total Stockholders Equity $579.55M $483.02M $517.84M $498.68M $334.45M $236.66M $109.45M $53.03M $-98.03M $-61.04M
Total Equity $580.81M $488.24M $523.23M $503.51M $339.22M $243.43M $123.92M $60.14M $-37.58M $-61.04M
Total Liabilities and Stockholders Equity $1.37B $1.44B $1.52B $1.27B $920.27M $685.48M $470.16M $329.95M $145.75M $150.05M
Minority Interest $1.26M $5.22M $5.39M $4.83M $4.77M $6.77M $14.47M $7.12M $60.45M $-
Total Liabilities and Total Equity $1.37B $1.44B $1.52B $1.27B $920.27M $685.48M $470.16M $329.95M $145.75M $150.05M
Total Investments $62.38M $21.67M $30.11M $5.83M $6.68M $-685.48M $-470.16M $-329.95M $-145.75M $2.99M
Total Debt $646.02M $872.55M $916.62M $690.14M $520.37M $397.46M $317.18M $245.63M $145.31M $196.80M
Net Debt $628.47M $858.05M $905.62M $646.77M $504.70M $386.99M $302.22M $226.47M $144.37M $196.10M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00M-$400.00M-$400.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $142.37M $13.81M $-17.10M $-15.27M $-14.46M $-11.94M $-21.18M $-14.03M $-39.29M $-48.66M
Depreciation and Amortization $84.53M $90.67M $92.16M $68.55M $54.35M $35.89M $25.48M $13.57M $11.32M $11.79M
Deferred Income Tax $- $- $- $4.72M $433.00K $181.00K $4.34M $-211.00K $- $-
Stock Based Compensation $4.20M $2.97M $2.60M $1.56M $1.44M $1.21M $805.00K $435.00K $- $-
Change in Working Capital $8.43M $-3.24M $-4.48M $478.00K $478.00K $2.64M $4.27M $5.60M $-2.14M $7.19M
Accounts Receivables $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $-
Accounts Payables $15.56M $6.25M $2.10M $9.93M $12.33M $10.37M $5.72M $8.83M $174.00K $937.00K
Other Working Capital $-7.13M $-9.48M $-6.58M $-9.45M $-11.85M $-7.73M $-1.45M $-3.23M $-2.31M $6.25M
Other Non Cash Items $-143.45M $-22.33M $-956.00K $-2.10M $-496.00K $-266.00K $1.14M $2.21M $30.33M $25.34M
Net Cash Provided by Operating Activities $96.07M $81.87M $72.23M $57.94M $41.74M $27.72M $14.87M $7.58M $220.00K $-4.35M
Investments in Property Plant and Equipment $- $- $-55.49M $-25.31M $-6.06M $-5.33M $-3.85M $-170.79M $-850.00K $-434.00K
Acquisitions Net $- $- $252.36M $356.08M $-6.70M $- $- $231.00K $5.58M $1.71M
Purchases of Investments $-4.46M $- $-197.09M $-337.03M $-6.70M $-195.14M $-142.63M $-1.52M $850.00K $-1.83M
Sales Maturities of Investments $21.24M $- $222.00K $6.26M $6.06M $- $4.56M $231.00K $6.06M $1.71M
Other Investing Activities $70.68M $-79.00K $-252.36M $-356.08M $-245.71M $-200.47M $-141.92M $-2.05M $-13.28M $470.00K
Net Cash Used for Investing Activities $87.46M $-79.00K $-252.36M $-356.08M $-259.12M $-200.47M $-141.92M $-173.89M $-1.63M $1.62M
Debt Repayment $-170.29M $-45.36M $168.31M $130.61M $120.93M $48.83M $51.94M $101.12M $5.55M $-
Common Stock Issued $-540.00K $49.47M $58.18M $212.03M $135.16M $153.52M $17.84M $52.56M $- $-
Common Stock Repurchased $- $-48.89M $-16.73M $-12.00K $-416.00K $- $-5.05M $- $- $-
Dividends Paid $-43.57M $-41.93M $-39.97M $-31.48M $-25.71M $-19.93M $-11.08M $-1.75M $- $-
Other Financing Activities $48.29M $-48.97M $-18.55M $-1.70M $-3.35M $-2.23M $69.20M $26.36M $-3.90M $-1.54M
Net Cash Used Provided by Financing Activities $-166.11M $-86.80M $167.97M $309.46M $227.03M $180.19M $122.85M $178.28M $1.66M $-1.54M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $17.42M $-5.01M $-12.16M $11.32M $9.66M $7.44M $-4.20M $11.97M $243.00K $-4.28M
Cash at End of Period $43.63M $26.20M $31.21M $43.37M $32.05M $22.40M $14.96M $12.91M $941.00K $698.00K
Cash at Beginning of Period $26.20M $31.21M $43.37M $32.05M $22.40M $14.96M $19.16M $941.00K $698.00K $4.97M
Operating Cash Flow $96.07M $81.87M $72.23M $57.94M $41.74M $27.72M $14.87M $7.58M $220.00K $-4.35M
Capital Expenditure $- $- $-55.49M $-25.31M $-6.06M $-5.33M $-3.85M $-170.79M $-850.00K $-434.00K
Free Cash Flow $96.07M $81.87M $16.73M $32.63M $35.68M $22.39M $11.02M $-163.21M $-630.00K $-4.79M