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NewLake Capital Partners, Inc., (the Company we, our, us, ), a Maryland corporation, was formed on April 9, 2019 under the Maryland General Corporation Law, as GreenAcreage Real Estate Corp. ( GARE ) and subsequently changed our name to NewLake Capital Partners, Inc. We are an internally managed real estate investment trust ( REIT ) focused on providing real estate capital to state-licensed can…
53.31% operating margin is above average. ROIC at 5.38%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue growth slowed to 1.9%, essentially flat. This is a business that needs a catalyst.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$50M
▲ +1.9% YoY
Net Income (TTM)
$26M
▲ +0.8% YoY
Op. Margin
53.32%
ROIC
5.33%
▲ +0.2pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$43M
▼ -2.0% YoY
Net Debt
-$17M
Net Cash Position
Cash & Equiv.
$25M
5Y CAGR: +34.4%
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