ELME Elme Communities

Overview and Growth

Elme Communities generated $241.94M of revenue in fiscal 2024, with net loss of $13.10M and an operating cash inflow of $95.24M. At $241.94M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 6.2% from $227.91M in fiscal 2023, increasing the company’s operating scale. The company reported diluted EPS of -$0.15, adding a shareholder-level measure to the absolute income figures considered below. The diluted weighted-average share count was 87.92M, linking total earnings with the per-share result received by shareholders. Compared with 87.73M diluted shares in fiscal 2023, the current 87.92M base was 0.2% higher. Total assets stood at $1.85B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.13x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $153.23M as gross profit before recognizing operating expenses and other items. Gross profit represented 63.3% of revenue, showing how much of the top line remained after direct costs. The reported operating result was $23.47M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 9.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The company ended the period with a net loss of $13.10M, extending the operating result through all remaining items. The net loss equaled 5.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. EBITDA was $119.40M, adding a pre-interest, tax, depreciation, and amortization view of the company’s earnings capacity. The loss-to-equity relationship was 1.2%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 0.7%. Compared with a $52.98M net loss in fiscal 2023, the current loss improved to $13.10M.

Liquidity and Capital Structure

At period end, the $1.85B asset base was financed through $763.68M of liabilities and $1.08B of equity. Cash and equivalents totaled $6.14M, identifying the most liquid reported component available within the broader current-asset balance. Book equity represented 58.6% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 41.4%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 0.3%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $1.90B in fiscal 2023, the current asset base moved 2.9% and finished lower. Book equity was 6.3% lower than fiscal 2023 equity of $1.15B, showing how shareholder capital changed year over year. The reported cash balance changed 2.7% from $5.98M in fiscal 2023, ending higher year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $95.24M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Compared with $84.67M in fiscal 2023, current operating cash flow of $95.24M was above the prior result.

Based on the annual report for the fiscal year ending Dec 31, 2024. Analysis generated Sep 24, 2026.