Name | Value |
---|---|
Revenues | 24.2M |
Cost of Revenue | 5.0M |
Gross Profit | 19.1M |
Operating Expense | 9.5M |
Operating I/L | 9.6M |
Other Income/Expense | -5.5M |
Interest Income | 0.0M |
Pretax | 4.2M |
Income Tax Expense | 0.0M |
Net Income/Loss | 4.2M |
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.