Elme Communities
For the period ended Mar 31, 2025. Filed May 2, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 2, 2025
ELME$1.77+0.6%Stored close · as of Oct 22, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(IN THOUSANDS, EXCEPT PER SHARE DATA)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | ||
| Real estate rental revenue | $61,493 | $59,513 |
| Expenses | ||
| Property operating and maintenance | 14,175 | 13,464 |
| Real estate taxes and insurance | 7,819 | 8,255 |
| Property management | 2,246 | 2,218 |
| General and administrative | 9,229 | 6,196 |
| Depreciation and amortization | 23,239 | 24,943 |
| 56,708 | 55,076 | |
| Real estate operating income | 4,785 | 4,437 |
| Other income (expense) | ||
| Interest expense | (9,460) | (9,494) |
| Other income | — | 1,410 |
| (9,460) | (8,084) | |
| Net loss | $(4,675) | $(3,647) |
| Basic net loss per common share | $(0.05) | $(0.04) |
| Diluted net loss per common share | $(0.05) | $(0.04) |
| Weighted average shares outstanding – basic | 88,064 | 87,885 |
| Weighted average shares outstanding – diluted | 88,064 | 87,885 |
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