Filing Flows › Generation Income Properties (GIPR) › Q4 2024
Generation Income Properties (GIPR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Generation Income Properties (GIPR) reported revenue of $2.7M for the fourth quarter 2024 (Q4 2024), -14% from a year earlier and +11% from the quarter before. Operating margin was -40.9%, net earnings $571K (21.4% of revenue).
Generation Income Properties, Q4 2024: revenue $2.7M (-14% year over year), operating margin -40.9%, net earnings $571K, operating cash flow $239K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | +11% | -14% |
| Operating profit | −$1.1M | — | — |
| Net earnings | $571K | — | — |
| Operating cash flow | $239K | -57% | — |
What changed
Revenue was $2.7M in Q4 2024, down 14% year over year and up 11% from the previous quarter. Rental Revenue was the largest line at 100% of revenue.
Operating costs exceeded revenue by $1.1M, an operating margin of -40.9%. Total costs fell 6% while revenue fell 14%. Net earnings were −$293K. The effective tax rate was 0.0%. Non-operating items added $1.7M, 291% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $239K, 42% of net income including minority interests. Non-cash charges added back $1.3M of depreciation and amortization. Working capital and other items used $1.6M. Capital expenditures of −$188K left free cash flow of $426K.
Questions
What was Generation Income Properties' revenue in the fourth quarter 2024?
Generation Income Properties (GIPR) reported revenue of $2.7M for the fourth quarter 2024 (Q4 2024), -14% from a year earlier and +11% from the quarter before.
Was Generation Income Properties profitable in the fourth quarter 2024?
Operating loss was $1.1M (-40.9% of revenue) and net earnings $571K.