Name | Value |
---|---|
Revenues | 95.8M |
Cost of Revenue | 9.0M |
Gross Profit | 86.8M |
Operating Expense | 61.0M |
Operating I/L | 4.5M |
Other Income/Expense | -27.2M |
Interest Income | 27.7M |
Pretax | -22.8M |
Income Tax Expense | 3.5M |
Net Income/Loss | -26.3M |
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.