Name | Value |
---|---|
Revenues | 124.9M |
Cost of Revenue | 57.7M |
Gross Profit | 67.3M |
Operating Expense | 11.3M |
Operating I/L | 44.2M |
Other Income/Expense | -73.1M |
Interest Income | 0.0M |
Pretax | -28.9M |
Income Tax Expense | 3.0M |
Net Income/Loss | -24.1M |
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 the acquisition, leasing, and management of retail and distribution properties, providing a steady income stream for investors through rental income and property appreciation.