earnings
confidence high
sentiment neutral
materiality 0.55
Zoned Properties Q3 revenue up 59% YoY to $615K; net loss improves to $77K from $95K
Zoned Properties, Inc.
2022-Q3 EPS reported
-$0.01
revenue$2,052,341
- Q3 2022 revenue $614,988 (+58.8% YoY); net loss $77,328 vs $95,495 in prior year.
- Nine-month revenue $2,052,341 (+59.9%); net loss $142,087 vs $54,236 (wider loss).
- Cash $842,115 at Sep 30, down from $1,191,940; operating cash flow $398,311.
- Secured $4.5M debt facility in July 2022 for acquisitions; property portfolio yields $1.83M annual rental revenue.
- Brokerage closed over $50M in client transactions; advisory engaged in a dozen state markets.