earnings
confidence high
sentiment negative
materiality 0.55
GIPR reports Q3 net loss $639K, Core AFFO $358K; rent collection 100%
GENERATION INCOME PROPERTIES, INC.
2022-Q3 EPS reported
-$1.00
revenue$4,035,123
- Net loss attributable to GIPR of $639K, or ($0.28) per diluted share for Q3 2022.
- Core FFO of $326K ($0.14 per share); Core AFFO of $358K ($0.16 per share).
- CEO cites 100% rent collection, fixed debt rates below market, and high-credit tenants.
- Focused on internal growth and opportunistic acquisitions amid market uncertainty.