
Netstreit Corp
NYSE:NTST

Income Statement
Earnings Waterfall
Netstreit Corp
Revenue
|
162.8m
USD
|
Cost of Revenue
|
-17.4m
USD
|
Gross Profit
|
145.4m
USD
|
Operating Expenses
|
-96.6m
USD
|
Operating Income
|
48.8m
USD
|
Other Expenses
|
-60.7m
USD
|
Net Income
|
-11.9m
USD
|
Income Statement
Netstreit Corp
Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||
Revenue |
22
N/A
|
34
+51%
|
40
+19%
|
47
+17%
|
53
+13%
|
59
+12%
|
69
+16%
|
77
+13%
|
87
+12%
|
96
+11%
|
104
+8%
|
113
+9%
|
122
+8%
|
132
+8%
|
140
+6%
|
148
+6%
|
156
+5%
|
163
+5%
|
|
Gross Profit | |||||||||||||||||||
Cost of Revenue |
(1)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(18)
|
(17)
|
|
Gross Profit |
21
N/A
|
31
+49%
|
37
+18%
|
43
+16%
|
48
+11%
|
53
+12%
|
61
+14%
|
68
+12%
|
77
+13%
|
85
+10%
|
92
+8%
|
100
+9%
|
107
+8%
|
115
+7%
|
124
+7%
|
131
+6%
|
138
+5%
|
145
+5%
|
|
Operating Income | |||||||||||||||||||
Operating Expenses |
(20)
|
(27)
|
(32)
|
(38)
|
(41)
|
(46)
|
(52)
|
(57)
|
(63)
|
(69)
|
(82)
|
(85)
|
(85)
|
(84)
|
(87)
|
(90)
|
(94)
|
(97)
|
|
Selling, General & Administrative |
(10)
|
(11)
|
(13)
|
(15)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
|
Depreciation & Amortization |
(10)
|
(15)
|
(19)
|
(23)
|
(26)
|
(31)
|
(36)
|
(41)
|
(46)
|
(50)
|
(54)
|
(58)
|
(61)
|
(44)
|
(61)
|
(64)
|
(69)
|
(77)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(6)
|
(3)
|
(19)
|
(5)
|
(5)
|
(5)
|
0
|
|
Operating Income |
1
N/A
|
4
+260%
|
5
+7%
|
5
+7%
|
7
+36%
|
8
+14%
|
9
+17%
|
11
+21%
|
13
+23%
|
15
+15%
|
10
-36%
|
15
+52%
|
23
+51%
|
32
+39%
|
36
+15%
|
41
+13%
|
44
+8%
|
49
+10%
|
|
Pre-Tax Income | |||||||||||||||||||
Interest Income Expense |
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(9)
|
(4)
|
(9)
|
(13)
|
(19)
|
(21)
|
(23)
|
(27)
|
(30)
|
|
Non-Reccuring Items |
(3)
|
(6)
|
(4)
|
(7)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(8)
|
(11)
|
(12)
|
(20)
|
(30)
|
|
Gain/Loss on Disposition of Assets |
1
|
6
|
0
|
6
|
8
|
3
|
3
|
5
|
3
|
4
|
4
|
2
|
3
|
1
|
2
|
2
|
1
|
2
|
|
Total Other Income |
0
|
(0)
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(2)
|
(2)
|
(2)
|
|
Pre-Tax Income |
(4)
N/A
|
0
N/A
|
3
+1 114%
|
0
-87%
|
6
+1 600%
|
3
-43%
|
4
+39%
|
9
+106%
|
8
-15%
|
9
+10%
|
8
-7%
|
5
-37%
|
8
+53%
|
7
-11%
|
6
-5%
|
5
-23%
|
(5)
N/A
|
(12)
-161%
|
|
Net Income | |||||||||||||||||||
Tax Provision |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(4)
|
0
|
3
|
0
|
6
|
3
|
4
|
9
|
8
|
8
|
8
|
5
|
8
|
7
|
6
|
5
|
(5)
|
(12)
|
|
Income to Minority Interest |
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Net Income (Common) |
(4)
N/A
|
1
N/A
|
3
+265%
|
0
-89%
|
5
+1 771%
|
3
-42%
|
4
+40%
|
9
+106%
|
7
-16%
|
8
+10%
|
8
-6%
|
5
-36%
|
8
+58%
|
7
-11%
|
6
-6%
|
5
-23%
|
(5)
N/A
|
(12)
-160%
|
|
EPS (Diluted) |
-0.14
N/A
|
0.02
N/A
|
0.08
+300%
|
0.02
-75%
|
0.12
+500%
|
0.08
-33%
|
0.09
+13%
|
0.17
+89%
|
0.16
-6%
|
0.16
N/A
|
0.12
-25%
|
0.07
-42%
|
0.13
+86%
|
0.11
-15%
|
0.09
-18%
|
0.07
-22%
|
-0.06
N/A
|
-0.16
-167%
|