Centerspace (CSR) FY2023 results: revenue $261 million, up 1.8% on the year
Centerspace (CSR) reported revenue of $261 million for fiscal 2023, the year ended 31 December 2023, up 1.8% on the year before. Net income was $41 million, and diluted earnings per share $2.32. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2024.
Revenue
$261 million
+1.8% on the year
FY2018FY2023
Operating margin
32.3%
5.4% a year earlier
FY2018FY2023
Net income
$41 million
FY2018FY2023
Diluted EPS
$2.32
FY2018FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
89.5
92.0
84.0
-2.7%
Capital expenditure
0.0
0.1
1.3
Free cash flow
89.5
91.9
82.8
-2.6%
Free cash flow margin
34.3%
35.8%
41.0%
Cash from investing
120
-160
-267
Cash from financing
-212
41.4
215
Depreciation and amortisation
103
106
93.1
-2.9%
Share-based compensation
3.3
2.6
2.7
+26.0%
Buybacks
11.5
29.1
0.0
-60.3%
Dividends paid
43.7
44.5
38.5
-1.6%
Dividend per share
$2.92
$2.92
$2.84
0.0%
Diluted shares, weighted
17m
15m
16m
+12.5%
Shares outstanding at period end
15m
15m
15m
-0.4%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
710
730
772
-2.7%
Non-controlling interest
221
221
224
+0.2%
Redeemable equity
16.6
16.6
25.3
0.0%
Debt
916
1,012
860
-9.5%
Other liabilities
62.8
54.7
58.7
+14.8%
Total liabilities and equity
1,926
2,033
1,940
-5.3%
Fixed assets
2.8
3.1
3.4
-10.3%
Goodwill
0.5
0.9
0.9
-43.3%
Intangible assets
2.7
2.1
7.4
+28.9%
Cash and equivalents
8.6
10.5
31.3
-17.5%
Other assets
1,912
2,017
1,897
-5.2%
Total assets
1,926
2,033
1,940
-5.3%
10-K for the year ended 31 December 2023, filed 20 February 2024: the filing.