Name | Value |
---|---|
Revenues | 23.0M |
Cost of Revenue | 4.1M |
Gross Profit | 18.8M |
Operating Expense | 10.3M |
Operating I/L | 10.1M |
Other Income/Expense | -4.7M |
Interest Income | 4.8M |
Pretax | 5.4M |
Income Tax Expense | 0.1M |
Net Income/Loss | 5.4M |
One Liberty is a real estate investment trust that acquires, owns, and manages a diverse portfolio of industrial, retail, restaurant, health and fitness, and theater properties. The company generates revenue primarily through long-term net leases, where tenants are responsible for real estate taxes, insurance, and property maintenance. This business model allows One Liberty to benefit from a steady stream of rental income while minimizing operational costs and risks.