earnings
confidence high
sentiment negative
materiality 0.65
Zoned Properties Q2 net loss $39K; six-month revenue up 60% to $1.44M; new $4.5M debt facility
Zoned Properties, Inc.
2022-Q2 EPS reported
-$0.01
revenue$1,437,353
- Revenue for six months ended June 30, 2022: $1,437,353 (+60.4% YoY); net loss $64,759 vs net income $41,259 prior year.
- Q2 2022 revenue $498,652 (-9.3% YoY); net loss $39,063 vs net income $112,594 in Q2 2021.
- Secured $4.5M debt facility in July 2022 to fund property acquisitions and expand Investment Portfolio.
- Brokerage division closed $50M+ in transactions, earning ~$1M commission in first year; launched Rezone Beta and invested in AnamiTech.