Name | Value |
---|---|
Revenues | 93.9M |
Cost of Revenue | 9.9M |
Gross Profit | 84.1M |
Operating Expense | 55.8M |
Operating I/L | 23.9M |
Other Income/Expense | -34.2M |
Interest Income | 0.0M |
Pretax | -10.3M |
Income Tax Expense | 2.4M |
Net Income/Loss | -12.6M |
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 the acquisition, leasing, and management of retail and distribution properties, providing a steady income stream for investors through rental income and property appreciation.