Global Medical REIT Inc. (GMRE) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	148.2M	148.2M	138.4M	140.9M	137.2M
Cost of Revenue	39.0M	—	29.3M	28.1M	25.2M
Gross Profit	74.0M	—	109.2M	112.9M	112.0M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	20.0M	20.0M	21.1M	16.9M	16.5M
General & Admin Expense	20.0M	20.0M	21.1M	16.9M	16.5M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	62.0M	128.2M	55.4M	58.1M	56.7M
Total Operating Expenses	82.0M	148.2M	76.5M	75.0M	73.3M
Cost and Expenses	121.0M	148.2M	105.7M	103.1M	98.5M
Operating Income (EBIT)	30.4M	—	32.7M	37.9M	38.7M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	35.1M	31.8M	28.7M	30.9M	25.2M
Net Interest Income	(35.1M)	(31.8M)	(28.7M)	(30.9M)	(25.2M)
Other Non-Op Income/Expense	(31.1M)	—	(26.0M)	(16.1M)	(18.7M)
Non-Operating Income (excl Interest)	15.0M	(19.6M)	(2.7M)	(14.8M)	(6.5M)
EBT (Pre-Tax Income)	(8.2M)	(12.1M)	6.7M	21.7M	20.0M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	(12.1M)	(12.1M)	6.6M	20.6M	19.1M
Earnings from Cont. Ops	(12.1M)	(12.1M)	6.7M	21.7M	20.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(12.1M)	(12.1M)	811.0K	14.8M	13.3M
Per Share
Basic EPS	($0.51)	($0.91)	$0.31	$5.75	$1.02
Diluted EPS	($0.51)	($0.91)	$0.31	$5.75	$1.02
Revenue Per Share	$11.08	$11.08	$52.48	$53.75	$52.38
Shares
Basic Shares Outstanding	13.4M	13.4M	2.6M	2.6M	2.6M
Diluted Shares Outstanding	13.4M	13.4M	2.6M	2.6M	2.6M
Profitability Metrics
EBITDA	75.2M	77.7M	91.5M	111.6M	102.9M
D&A	59.8M	58.0M	56.1M	59.0M	57.7M
EBIT	15.4M	19.6M	35.4M	52.6M	45.2M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025