iREIT - MarketVector Quality REIT Index ETF
iREIT - MarketVector Quality REIT Index ETF (IRET) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for iREIT - MarketVector Quality REIT Index ETF (IRET), featuring income statements, balance sheets, and cash flow data.
iREIT - MarketVector Quality REIT Index ETF (IRET) Income Statement & Financial Overview
Review iREIT - MarketVector Quality REIT Index ETF IRET income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q2 2020 |
|---|---|---|---|---|
| Revenue | $87.005M | $65.03M | $65.04M | $43.91M |
| Cost of Revenue | -$4.98M | $7.03M | $7.08M | $17.77M |
| Gross Profit | $91.98M | $57.99M | $57.96M | $26.14M |
| Gross Profit Ratio | $1.06 | $0.89 | $0.89 | $0.60 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $13.22M | $4.10M | $4.22M | $22.70M |
| Operating Expenses | $13.22M | $12.60M | $11.03M | $22.70M |
| Total Costs & Expenses | $8.24M | $19.63M | $18.11M | $40.47M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | -$25.94M | -$8.95M | -$9.33M | $6.94M |
| Depreciation & Amortization | $36.25M | $26.08M | $25.71M | $18.41M |
| EBITDA | $5.55M | $32.43M | $32.91M | $21.70M |
| EBITDA Ratio | $0.06 | $0.50 | $0.51 | $0.49 |
| Operating Income | $3.50M | $6.35M | $7.19M | $3.44M |
| Operating Income Ratio | $0.04 | $0.10 | $0.11 | $0.08 |
| Other Income/Expenses (Net) | -$8.39M | -$7.40M | -$8.49M | -$7.52M |
| Income Before Tax | -$4.90M | -$1.05M | -$1.30M | -$4.08M |
| Income Before Tax Ratio | -$0.06 | -$0.02 | -$0.02 | -$0.09 |
| Income Tax Expense | $582000.00 | $0.00 | $0.00 | -$582000.00 |
| Net Income | -$5.34M | -$1.05M | -$1.30M | -$3.64M |
| Net Income Ratio | -$0.06 | -$0.02 | -$0.02 | -$0.08 |
| EPS | $0.39 | -$0.07 | -$0.09 | -$0.30 |
| Diluted EPS | $0.39 | -$0.07 | -$0.09 | -$0.27 |
| Weighted Avg Shares Outstanding | $15.50M | $15.53M | $14.97M | $12.24M |
| Weighted Avg Shares Outstanding (Diluted) | $15.50M | $15.53M | $14.97M | $13.56M |
Over the last four quarters, iREIT - MarketVector Quality REIT Index ETF's revenue moved from $43.91M in Q2 2020 to $87.005M in Q4 2024. Operating income in Q4 2024 was $3.50M, with a strong operating margin of 4%. Despite fluctuations in R&D and SG&A expenses, EBITDA for iREIT - MarketVector Quality REIT Index ETF remained robust at $5.55M, reflecting operational efficiency. Net income dropped to -$5.34M, with an EPS of $0.39. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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