NewLake Capital Partners, Inc. [Rocket]

Overview

NewLake Capital Partners, Inc.

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Recent News + Filings (All items)

Date Filed	Type	Description
08/09/2023	10-Q	Quarterly Report for the period ended June 30, 2023
08/09/2023	8-K	Investor presentation, Quarterly results
06/12/2023	EFFECT	Form EFFECT - Notice of Effectiveness:
06/08/2023	4	Martay Peter Wiser (Director) has filed a Form 4 on NewLake Capital Partners, Inc.
06/08/2023	4	JOHNSON JOYCE (Director) has filed a Form 4 on NewLake Capital Partners, Inc.
06/08/2023	4	DUGAN GORDON F (Director) has filed a Form 4 on NewLake Capital Partners, Inc.
06/08/2023	4	Weinstein David L. (Director) has filed a Form 4 on NewLake Capital Partners, Inc.

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20
Revenues	44.8	28.1	11.7
Revenue growth	59.6%	140.6%
Cost of goods sold	-25.4	-20.0	-1.5
Gross profit	70.2	48.1	13.2
Gross margin	156.8%	171.4%	112.8%
General and administrative	12.7	11.9	4.1
EBITA	24.7	13.1	-9.1
EBITA margin	55.0%	46.7%	-78.0%
Amortization of intangibles	2.2	1.6
EBIT	22.5	11.5	-9.1
EBIT margin	50.1%	41.0%	-78.0%
Pre-tax income	22.4	11.6	-10.4
Income taxes	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%
Net income	22.0	11.2	-10.7
Net margin	49.1%	40.0%	-91.6%

Diluted EPS	$1.01	$0.64	($1.50)
Shares outstanding (diluted)	21.8	17.6	7.1

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.