Zoned Properties Q2 2024: net loss $0.00 EPS but operating income up 59%; expands portfolio

Zoned Properties, Inc.

2024-Q2 EPS reported $0.01 revenue$1,529,378

Q2 total revenues $692K (-10% YoY); property investment revenues $679K (+11% YoY).
Income from operations $103K (+59% YoY); net loss $32K vs profit $42K YoY; cash from ops $246K in 6M (+71%).
Acquired Surprise, AZ dispensary (13.4% effective cap); annualized rental revenue now exceeds $3M.
Secured five Ohio dispensary locations; listed Chino Valley cultivation property for sale at $16M.
Approved $1M share repurchase program; cash $1.53M as of June 30.

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