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CIO-PA| Name | Value |
|---|---|
| Revenues | 42.4M |
| Cost of Revenue | 17.8M |
| Gross Profit | 24.6M |
| Operating Expense | 18.4M |
| Operating I/L | 6.2M |
| Other Income/Expense | -8.6M |
| Interest Income | -0.4M |
| Pretax | -2.5M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | -2.6M |
City Office REIT, Inc. (NYSE: CIO) is a real estate investment trust that focuses on investing in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. The company generates revenue through the ownership and management of office complexes, comprising 5.8 million square feet of net rentable area (NRA) as of September 30, 2020. By leasing out office spaces to businesses and tenants, CIO earns rental income, which forms the core of its business model.
