Name | Value |
---|---|
Revenues | 106.7M |
Cost of Revenue | 25.1M |
Gross Profit | 81.6M |
Operating Expense | 94.5M |
Operating I/L | -12.3M |
Other Income/Expense | 1.1M |
Interest Income | 0.0M |
Pretax | -47.7M |
Income Tax Expense | 36.5M |
Net Income/Loss | -47.6M |
Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. The company generates revenue through leasing these properties to retail and distribution businesses, earning rental income and potentially capitalizing on property appreciation. Additional information about RTL can be found on its website at www.necessityretailreit.com.