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NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 cultivation facilities and dispensaries that are leased to single tenants on a triple-net basis.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Income before tax | 22.36M | 11.59M | -10.43M | - |
| Minority interest | -0.38M | -0.36M | 6.27M | 6.27M |
| Net income | 22.36M | 11.59M | -10.67M | - |
| Selling general administrative | 9.39M | 8.46M | 8.78M | - |
| Gross profit | 44.79M | 28.20M | 11.66M | - |
| Reconciled depreciation | 12.82M | 8.10M | 2.60M | - |
| Ebit | 22.63M | 11.60M | -12.08M | -1.30M |
| Ebitda | 35.45M | 19.69M | -7.83M | - |
| Non operating income net other | 0.11M | 0.10M | - | - |
| Operating income | 22.52M | 11.49M | 0.28M | - |
| Other operating expenses | 12.82M | 8.24M | - | - |
| Interest expense | 0.27M | 0.01M | 0.00M | 0.00M |
| Interest income | 0.11M | 0.10M | 0.15M | - |
| Net interest income | -0.16M | 0.09M | 0.15M | - |
| Non recurring | 0.06M | - | - | - |
| Total revenue | 44.79M | 28.20M | 11.66M | - |
| Total operating expenses | 22.22M | 16.71M | 11.38M | - |
| Cost of revenue | - | 0.14M | 0.00M | - |
| Total other income expense net | -0.06M | - | -10.87M | - |
| Net income from continuing ops | 22.36M | 11.59M | -10.43M | - |
| Net income applicable to common shares | 21.98M | 11.23M | -10.68M | -0.58M |
| Preferred stock and other adjustments | - | 0.00M | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 454.25M | 460.88M | 144.18M | - |
| Intangible assets | 21.77M | 24.00M | - | - |
| Other current assets | - | 0.86M | 0.60M | - |
| Total liab | 23.31M | 21.55M | 3.15M | - |
| Total stockholder equity | 423.55M | 427.56M | 134.76M | - |
| Other current liab | 8.51M | 6.76M | 0.89M | - |
| Common stock | 0.21M | 0.21M | 0.08M | 0.07M |
| Capital stock | 0.21M | 0.21M | 0.14M | - |
| Retained earnings | -32.49M | -23.57M | -17.15M | -0.44M |
| Other liab | 10.15M | 7.48M | 1.59M | 10.85M |
| Other assets | 2.55M | 30.00M | 0.60M | 0.35M |
| Cash | 45.19M | 127.10M | 19.62M | - |
| Total current liabilities | 20.32M | 15.64M | 1.55M | 0.56M |
| Short term debt | 10.15M | 7.48M | - | - |
| Short long term debt | 1.00M | - | - | - |
| Property plant equipment | 379.74M | 278.93M | 123.96M | 75.30M |
| Total current assets | 50.19M | 157.10M | 20.21M | 66.90M |
| Net tangible assets | 401.78M | 403.55M | 134.70M | 131.09M |
| Net receivables | 5.00M | 30.00M | - | - |
| Long term debt | 1.99M | 3.76M | - | - |
| Accounts payable | 10.17M | 8.17M | - | - |
| Noncontrolling interest in consolidated entity | 7.39M | 11.78M | - | - |
| Common stock total equity | 0.21M | 0.21M | - | - |
| Retained earnings total equity | -32.49M | -23.57M | - | - |
| Non currrent assets other | 2.55M | 0.86M | - | - |
| Non current assets total | 404.06M | 303.79M | 123.96M | - |
| Long term debt total | 1.99M | 3.76M | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | -50.24M | -45.16M | -65.05M | - |
| Change to liabilities | 0.97M | -0.41M | -0.45M | 0.59M |
| Total cashflows from investing activities | -86.45M | -39.91M | -65.05M | -87.33M |
| Net borrowings | -1.96M | -0.80M | -0.80M | 0.30M |
| Total cash from financing activities | -32.46M | 120.69M | 10.42M | 175.74M |
| Change to operating activities | -0.10M | 3.56M | 0.94M | 0.51M |
| Net income | 22.36M | 11.59M | -10.67M | -0.58M |
| Change in cash | -81.91M | 107.48M | -47.28M | 89.20M |
| Begin period cash flow | 127.10M | 19.62M | 66.90M | - |
| End period cash flow | 45.19M | 127.10M | 19.62M | 66.90M |
| Total cash from operating activities | 37.01M | 26.70M | 7.35M | 0.78M |
| Issuance of capital stock | 0.00M | 133.09M | 15.70M | - |
| Depreciation | 12.99M | 8.10M | 2.60M | 0.26M |
| Other cashflows from investing activities | 0.76M | 62.21M | -10.05M | -10.05M |
| Dividends paid | 29.15M | 11.81M | 5.17M | 0.00M |
| Sale purchase of stock | -0.54M | 132.50M | 0.00M | - |
| Other cashflows from financing activities | -0.81M | -0.60M | -0.16M | -0.16M |
| Change to netincome | 1.55M | 2.02M | 14.91M | 0.01M |
| Capital expenditures | 36.97M | 56.95M | 0.00M | 0.00M |
| Cash flows other operating | -0.86M | 5.40M | - | - |
| Cash and cash equivalents changes | -81.91M | 107.48M | - | - |
| Change in working capital | 0.10M | 4.99M | 0.50M | - |
| Stock based compensation | 1.49M | 2.02M | 4.72M | - |
| Other non cash items | 0.17M | - | 11.45M | - |
| Free cash flow | 37.01M | 26.70M | 7.35M | - |
Sector: Real Estate Industry: REIT - Specialty
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| NLCP Newlake Capital Partners Inc |
-0.03 0.22% |
13.82 | 13.87 | 12.79 | 6.75 | 0.75 | 5.88 | 6.89 |
| AMT American Tower Corp |
-0.17 0.09% |
190.06 | 32.36 | 28.09 | 7.66 | 23.20 | 12.04 | 19.89 |
| EQIX Equinix Inc |
0.33 0.03% |
1068.38 | 76.95 | 63.29 | 9.32 | 5.79 | 10.70 | 25.99 |
| DLR Digital Realty Trust Inc |
0.86 0.47% |
181.99 | 56.86 | 120.48 | 11.76 | 3.21 | 14.41 | 23.95 |
| CCI Crown Castle |
0.32 0.35% |
89.38 | 34.66 | 33.44 | 8.69 | 8.86 | 15.87 | 24.61 |
NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 cultivation facilities and dispensaries that are leased to single tenants on a triple-net basis.
| Name | Title | Year Born |
|---|---|---|
| Mr. Anthony Coniglio | Pres, CEO & Director | 1969 |
| Ms. Lisa Meyer | CFO, Treasurer & Sec. | 1964 |
| Mr. Jarrett Annenberg | Director of Acquisitions | NA |
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