INDUS Realty Trust, Inc. (INDT) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
641 LEXINGTON AVENUE NEW YORK, NY 10022 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 52,014 | 150,263 | 29,551 | 6,885 | 42,592 | 30,068 | 24,689 | ||
| Cash and cash equivalents | 52,014 | 150,263 | 28,540 | 5,874 | 8,592 | 30,068 | 24,689 | ||
| Short-term investments | 1,011 | 1,011 | 34,000 | ||||||
| Total current assets: | 52,014 | 150,263 | 29,551 | 6,885 | 42,592 | 30,068 | 24,689 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,123 | 593 | 716 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,791 | 369 | 183 | 193 | 245 | 251 | 247 | ||
| Intangible assets, net (including goodwill) | 5,813 | 5,495 | 2,170 | 1,907 | 1,399 | 1,695 | 497 | ||
| Intangible assets, net (excluding goodwill) | 5,813 | 5,495 | 2,170 | 1,907 | 1,399 | 1,695 | 497 | ||
| Deferred income tax assets | 3,281 | ✕ | ✕ | ✕ | |||||
| Total noncurrent assets: | 9,727 | 6,457 | 3,069 | 5,381 | 1,644 | 1,946 | 744 | ||
| Other undisclosed assets | 535,066 | 433,926 | 268,742 | 256,229 | 219,233 | 217,023 | 198,190 | ||
| TOTAL ASSETS: | 596,807 | 590,646 | 301,362 | 268,495 | 263,469 | 249,037 | 223,623 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 161 | 171 | (5,548) | 204 | 288 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | (5,719) | ||||
| Asset retirement obligations | 161 | 171 | 171 | 204 | 288 | ||||
| Total noncurrent liabilities: | 161 | 171 | (5,548) | 204 | 288 | ||||
| Other undisclosed liabilities | 199,538 | 204,569 | 204,302 | 177,562 | 174,189 | 155,780 | 132,532 | ||
| Total liabilities: | 199,538 | 204,569 | 204,463 | 177,733 | 168,641 | 155,984 | 132,820 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | 397,269 | 386,077 | 96,899 | 90,762 | 94,828 | 93,053 | 90,803 | ||
| Treasury stock, value | (20,329) | (18,294) | (16,820) | ||||||
| Additional paid in capital | 401,370 | 399,754 | 138,372 | 113,256 | 112,071 | 108,770 | 108,438 | ||
| Accumulated other comprehensive income (loss) | 7,283 | (2,910) | (8,051) | (3,141) | 2,395 | (284) | (1,049) | ||
| Retained earnings (accumulated deficit) | (11,486) | (10,869) | (11,798) | 919 | (211) | 2,806 | 179 | ||
| Other undisclosed equity, attributable to parent | 102 | 102 | (21,624) | 57 | (19,427) | 55 | 55 | ||
| Total equity: | 397,269 | 386,077 | 96,899 | 90,762 | 94,828 | 93,053 | 90,803 | ||
| TOTAL LIABILITIES AND EQUITY: | 596,807 | 590,646 | 301,362 | 268,495 | 263,469 | 249,037 | 223,623 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 49,195 | 42,339 | 37,388 | 44,045 | 33,800 | 43,884 | 30,851 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 33,800 | 43,884 | 30,851 | |
| Operating lease, lease income | 49,195 | 42,339 | 37,388 | ✕ | ✕ | ✕ | ||
| Cost of revenue | (29,449) | (26,648) | (24,099) | (20,821) | (20,573) | (22,409) | (17,921) | |
| Cost of goods and services sold | (3,942) | (5,003) | (4,864) | (1,999) | (9,676) | (12,646) | (9,060) | |
| Gross profit: | 19,746 | 15,691 | 13,289 | 23,224 | 13,227 | 21,475 | 12,930 | |
| Operating expenses | (12,387) | (11,816) | (9,960) | (10,651) | (8,256) | (8,853) | (7,303) | |
| Other undisclosed operating loss | (2,974) | |||||||
| Operating income: | 7,359 | 3,875 | 3,329 | 9,599 | 4,971 | 12,622 | 5,627 | |
| Nonoperating income (expense) | (5,174) | 10,295 | (12,970) | 264 | 151 | 93 | 107 | |
| Investment income, nonoperating | 245 | 260 | 264 | 151 | 93 | 107 | ||
| Other nonoperating income (expense) | (32) | 14 | (12,970) | |||||
| Interest and debt expense | (4,734) | (6,877) | (7,281) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (2,549) | 7,293 | (16,922) | 9,863 | 5,122 | 12,715 | 5,734 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 4,734 | 6,877 | 7,281 | (6,408) | (6,270) | (5,415) | (4,423) | |
| Income (loss) from continuing operations before income taxes: | 2,185 | 14,170 | (9,641) | 3,455 | (1,148) | 7,300 | 1,311 | |
| Income tax expense (benefit) | 585 | (26) | (3,076) | 213 | (505) | (2,673) | (735) | |
| Income (loss) from continuing operations: | 2,770 | 14,144 | (12,717) | 3,668 | (1,653) | 4,627 | 576 | |
| Income (loss) before gain (loss) on sale of properties: | ✕ | 14,144 | (12,717) | 3,668 | (1,653) | 4,627 | 576 | |
| Income from discontinued operations | 3,340 | |||||||
| Net income (loss) available to common stockholders, diluted: | 6,110 | 14,144 | (12,717) | 3,668 | (1,653) | 4,627 | 576 | |
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 6,110 | 14,144 | (12,717) | 3,668 | (1,653) | 4,627 | 576 | |
| Comprehensive income (loss): | 6,110 | 14,144 | (12,717) | 3,668 | (1,653) | 4,627 | 576 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 10,193 | 4,945 | (4,910) | (5,536) | 2,715 | 765 | 36 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 16,303 | 19,089 | (17,627) | (1,868) | 1,062 | 5,392 | 612 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.