Zoned Properties Q3 2024 revenue up 43% to $1.03M; operating income jumps 806%

Zoned Properties, Inc.

2024-Q3 EPS reported $0.01 revenue$2,559,008

Revenue of $1,029,630 for Q3 2024, up 43% YoY; property portfolio revenue up 18%.
Operating income for Q3 $445,188 (up 806%); nine-month operating income $677,235 (up 648%).
Net income Q3 $58,872 ($0.00 per share) compared to $114,523 ($0.01 per share) in Q3 2023.
Operating cash flow nine months $455,363, up 1,508% YoY; cash on hand $1.2M as of Sep 30, 2024.
Share repurchase program up to $1M underway; new retail dispensary locations secured in Ohio.

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