Name | Value |
---|---|
Revenues | 118.2M |
Cost of Revenue | 22.3M |
Gross Profit | 95.9M |
Operating Expense | 7.0M |
Operating I/L | -95.6M |
Other Income/Expense | -37.8M |
Interest Income | 0.0M |
Pretax | -133.4M |
Income Tax Expense | -2.8M |
Net Income/Loss | -142.5M |
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.