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City Office Reit Inc   (CIO)
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City Office Reit Inc

CIO's Financial Statements and Analysis



City Office Reit Inc narrowed forth quarter of 2023 net loss per share of $-0.06 compare to net loss per share of $-0.18 recorded in the same quarter a year ago a decrease compare to $-0.05 realized in previous quarter.


forth quarter of 2023
Earnings Per Share Revenues
$ -0.06 $  44 Mill
$+0.12     Unch.     -0.65 %



City Office Reit Inc 's Revenue fell by -0.65 % in forth quarter of 2023 (Dec 31 2023) year on year, to $44 million and advanced by 0.24 % sequentially.


City Office Reit Inc is

More on CIO's Income Statement



City Office Reit Inc 's in theforth quarter of 2023 recorded net loss of $-2.522 million, an improvement compare to net loss of $-12.237 million in IV. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.130 million in the previous quarter.

More on CIO's Growth

City Office Reit Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-9 million, capital expenditures fell by -8.9522.20%, to $-9 millions compare to same quarter a year ago

More on CIO's Cash flow Statement


City Office Reit Inc payed out dividend of $0.50 per share in last 52 weeks

In trailing twelve-month period City Office Reit Inc earned $ 1.42 cash per share, on a free-cash flow basis .

Book value fell by -2.65 % sequentially to $19.12 per share, -265.02% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 15.30 per share from $ 15.65.

Company issued 0.47 million shares or 1.18 % in Dec 31 2023.
Interest Coverage Ratio was 0.97. Debt Coverage Ratio was 0.09.

More on CIO's Dividends

 Market Capitalization (Millions) 204
 Shares Outstanding (Millions) 40
 Total Debt (Millions $) 670
 Revenue (TTM) (Millions $) 179
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -32
 Dividend TTM ($) 0.5 $
 Dividend Yield TTM (%) 7.92 %
 Employees (TTM) $ 79




City Office Reit Inc payed out dividend of $0.50 per share in the last 52 weeks

In trailing twelve-month period City Office Reit Inc had $ 1.42 cash flow per share, on a free-cash flow basis .

Book value fell by -2.65 % sequentially to $19.12 per share, -265.02% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 15.30 per share from $ 15.65.

Company issued 0.47 million shares or 1.18 % in Dec 31 2023.
Interest Coverage Ratio was 0.97. Debt Coverage Ratio was 0.09.

More on CIO's Balance Sheets

 Market Capitalization (Millions) 204
 Shares Outstanding (Millions) 40
 Total Debt (Millions $) 670
 Revenue (TTM) (Millions $) 179
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -32
 Dividend TTM ($) 0.5 $
 Dividend Yield TTM (%) 7.92 %
 Employees (TTM) $ 79
   


  News about City Office Reit Inc Earnings

City Office Reit Inc Defies Expectations with Reduced Net Deficit in Financial Fourth Quarter of 2023

The Real Estate Investment Trusts industry has seen some fluctuations in the financial fourth qu...

Restructured Approach Boosts City Office REIT Inc's Earnings, Overcoming Fiscal Challenges Closing Sep 30, 2023



City Office Reit Inc, a Real Estate Investment Trust (REIT), experienced a significant slump in revenue and diminishing returns in the most recent fiscal period, reflecting a concerning decline for the company. This bearish article will delve into the reasons behind this decline, highlighting the potential risks and challenges that City Office Reit Inc faces in the real estate market.
Depleting Demand and Revenue Decline
In the most recent fiscal period, City Office Reit Inc witnessed a notable decline in demand, resulting in a concerning -2.873% decrease in revenue to $44.21 million. Compared to the previous reporting season, where the company achieved a per share deficit of $0.05, this in...

City Office Reit Inc Faces Dismal Fiscal Performance Amid Declining Demand

The stock market can be a roller coaster ride, with ups and downs that can make even the most experienced investors dizzy. However, there are always opportunities to be found, even in challenging times. The recent financial interval closing June 30, 2023, may have seen weakening demand and losses in the market, but there are still reasons to be hopeful.
One company that stood out amidst the negative trend is City Office Reit Inc. While revenue fell by -1.965% to $44.60 million, and the deficit per share increased to $-0.06, it is important to note that these numbers are in proportion to the previous year's reporting period. In fact, in comparison to the Real Estate Investment Trusts sector as a whole, wh...

Diminishing Returns Faces Decline in Earnings Per Share in Q1 2023, Despite Overall Growth

Diminishing Returns, a company known for its innovative approach to business, has been expanding rapidly over the past few quarters. However, for the first quarter o...


Date modified: 2024-02-22T17:24:51+00:00





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