Filing Flows › Greystone Housing Impact Investors LP (GHI) › Q4 2024
Greystone Housing Impact Investors LP (GHI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 20, 2025
Greystone Housing Impact Investors LP (GHI) reported revenue of $22.6M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -7% from the quarter before. Operating margin was 44.9%, net earnings $10.1M (44.9% of revenue).
Greystone Housing Impact Investors LP, Q4 2024: revenue $22.6M (-10% year over year), operating margin 44.9%, net earnings $10.1M, operating cash flow $4.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.6M | -7% | -10% |
| Operating profit | $10.1M | — | +63% |
| Net earnings | $10.1M | — | +63% |
| Operating cash flow | $4.6M | -6% | -2% |
What changed
Revenue was $22.6M in Q4 2024, down 10% year over year and down 7% from the previous quarter.
Operating profit was $10.1M, a 44.9% margin (up 20.2 points year over year). Total costs fell 34% while revenue fell 10%. Net earnings were $10.1M, up 63% year over year. The effective tax rate was 0.4%.
Operating cash flow was $4.6M (down 2% year over year), 46% of net earnings. Non-cash charges added back $6K of depreciation. Working capital and other items used $5.5M.
Questions
What was Greystone Housing Impact Investors LP's revenue in the fourth quarter 2024?
Greystone Housing Impact Investors LP (GHI) reported revenue of $22.6M for the fourth quarter 2024 (Q4 2024), -10% from a year earlier and -7% from the quarter before.
Was Greystone Housing Impact Investors LP profitable in the fourth quarter 2024?
Operating profit was $10.1M (44.9% of revenue) and net earnings $10.1M.
Source: Greystone Housing Impact Investors LP 10-K on SEC EDGAR.