Name | Value |
---|---|
Revenues | 94.3M |
Cost of Revenue | 8.1M |
Gross Profit | 86.2M |
Operating Expense | 55.7M |
Operating I/L | 30.4M |
Other Income/Expense | -28.6M |
Interest Income | 27.0M |
Pretax | 1.8M |
Income Tax Expense | 2.7M |
Net Income/Loss | -0.9M |
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.