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Global Income Trust, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
   10-K10-K10-K10-K10-K
Revenues:  
    Rental income from operating leases  9.610.07.12.0 
    Tenant reimbursement income  1.41.31.20.5 
Total revenues   [+]11.011.28.32.50.0
            Revenue growth   [+]-2.1%34.6%238.2%  
Cost of goods sold  0.010.39.40.00.0
Gross profit  11.00.9-1.02.50.0
            Gross margin  100.0%8.3%-12.3%100.0% 
Selling, general and administrative   [+]1.21.61.81.30.9
Other operating expenses  4.3-7.8-6.02.7 
EBITDA   [+]5.88.03.4-1.5 
            EBITDA margin  52.7%70.8%41.2%-62.2% 
Depreciation and amortization  6.67.04.51.1 
EBIT   [+]-0.80.9-1.0-2.6-0.9
            EBIT margin  -7.1%8.3%-12.3%-106.3% 
Interest expense, net   [+]3.53.83.31.0 
Other income (expense), net   [+]0.00.10.0  
Pre-tax income  -4.3-2.8-4.3-3.6-0.9
Income taxes  0.10.10.00.00.0
            Tax rate      0.0%
Earnings from continuing ops  -4.3-2.9-4.3-3.6-0.9
Earnings from discontinued ops  -0.30.5-1.9  
Net income  -4.6-2.4-6.2-3.6-0.9
            Net margin  -41.9%-21.3%-74.7%-147.3% 
   
Basic EPS   [+]($0.53)($0.36)($0.88)($2.08)($1.78)
Diluted EPS   [+]($0.53)($0.36)($0.88)($2.08)($1.78)
   
Dividends per share   [+]$0.65$0.64$0.61$0.59$0.08
   
Shares outstanding (basic)   [+]8.37.94.91.70.5
Shares outstanding (diluted)   [+]8.37.94.91.70.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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