Generation Income Properties Announces Fourth Quarter and Year-End 2023 Financial and Operating Results
TAMPA, FL / ACCESSWIRE / April 9, 2024 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") announced its twelve- month financial and operating results for the period ended December 31, 2023.Annual Highlights(For the 12 months ended December 31, 2023)Generated net loss attributable to GIP common shareholders of $6.2 million, or $2.46 per basic and diluted share.Generated Core FFO of $534 thousand, or $0.21 per basic and diluted share.Generated Core AFFO of $705 thousand, or $0.28 per basic and diluted share.FFO and related measures are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real est
