Newlake Capital Partners (NLCP) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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NewLake Capital Partners, Inc.  (OTC: NLCP)

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Description of Newlake Capital Partners's Business Segments


The Company focuses on long-term, single-tenant, triple-net sale-leaseback and build-to-suit projects within the regulated cannabis industry in the United States. All properties are included in a single reportable segment due to their similarities, as they are leased to state-licensed operators on a long-term triple-net basis with reusable improvements sharing similar economic characteristics. The Chief Operating Decision Maker (CODM), who serves as the Company's President and Chief Executive Officer, reviews consolidated financial information without differentiating operations by asset type, revenue, geographic location, tenant, or other factors. This single reportable segment encompasses all significant segment expenses and assets and is presented in the consolidated financial statements. Revenues primarily derive from long-term triple-net leases classified as "Rental Income" and "Fees and Reimbursables." Property-level expenses are generally the responsibility of the tenant or reimbursed to the Company. The CODM evaluates performance based on consolidated revenue, income from operations, and net income, without regularly assessing property-specific revenue, expense metrics, or asset measures. Decisions regarding reinvestment or deployment of income are based on consolidated net income and may include growing the property portfolio, repaying debt, repurchasing common stock, or paying dividends.




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