City Office REIT, Inc. (CIO) — Financial statements
Income statement, balance sheet, and cash flow for City Office REIT, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 171↓4.5% | 179↓0.8% | 180↑10.0% | 164↑2.0% | 161 | |
| Cost of Revenue | 69↓0.8% | 70↑3.3% | 68↑16.8% | 58↓0.5% | 58 | |
| Gross Profit | 102↓6.8% | 109↓3.2% | 113↑6.3% | 106↑3.4% | 103 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00↓100.0% | 0.00↓96.9% | 0.00↑9733.3% | 0.00 | |
| General & Administrative Expenses | 15↑2.4% | 15↑7.7% | 14↓11.0% | 15↑44.9% | 11 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 15↑2.4% | 15↑7.7% | 14↓11.0% | 15↑44.9% | 11 | |
| Other Expenses | 68↑7.6% | 63↑0.8% | 62↑9.0% | 57↓5.1% | 60 | |
| Operating Expenses | 83↑6.6% | 78↑2.0% | 76↑4.8% | 73↑2.5% | 71 | |
| Total Costs & Expenses | 152↑3.1% | 148↑2.6% | 144↑10.1% | 131↑1.1% | 129 | |
| Operating Results | ||||||
| Operating Income | 19↓40.3% | 31↓11.3% | 35↑6.1% | 33↑5.6% | 31 | |
| Depreciation & Amortization | 59↓5.8% | 63↓56.3% | 144↑10.1% | 131↑1.1% | 129 | |
| EBITDA | 75↓19.0% | 93↓5.0% | 98↑8.0% | 91↓1.4% | 92 | |
| EBIT | 16↓46.9% | 30↓31.3% | 43↑30.8% | 33↑5.5% | 31 | |
| Interest & Other Income | ||||||
| Net Interest Income | -34↓3.5% | -33↓22.9% | -27↓9.8% | -25↑11.2% | -28 | |
| Interest Income | 0.00↑100.0% | -1↓104.8% | 27↑9.8% | 25↓11.2% | 28 | |
| Interest Expense | 33↑3.4% | 32↑23.6% | 26↑10.8% | 23↓11.7% | 26 | |
| Non-Operating Income | 3↑99.0% | 1↑107.0% | -20 | 0.00↑100.0% | -0.02 | |
| Other Income / Expenses | -36↓7.5% | -33↓523.2% | -5↓101.2% | 452↑1816.1% | -26 | |
| Income Before Tax | -17↓741.5% | -2↓111.5% | 18↓96.4% | 485↑9361.5% | 5 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -17↓741.5% | -2↓111.5% | 18↓96.4% | 485↑9361.5% | 5 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -18↓559.2% | -3↓110.6% | 25↓94.8% | 484↑2318.3% | -22 | |
| Bottom-Line Net Income | -25↓148.5% | -10↓205.6% | 10↓98.0% | 477↑16587.2% | -3 | |
| EPS (Basic) | -0.63↓152.0% | -0.25↓141.7% | 0.60↓94.5% | 10.97↑2484.8% | -0.46 | |
| EPS (Diluted) | -0.63↓152.0% | -0.25↓142.4% | 0.59↓94.5% | 10.80↑2447.8% | -0.46 | |
| Weighted Average Shares | 40↑0.5% | 40↓5.1% | 42↓3.3% | 43↓7.9% | 47 | |
| Weighted Average Diluted Shares | 40↑0.5% | 40↓6.9% | 43↓2.9% | 44↓6.5% | 47 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.