VRE — Veris Residential Income Statement

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Annual income statement for Veris Residential, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	R2020 December 31st	R2021 December 31st	R2022 December 31st	R2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	307	195	213	260	271
Cost of Revenue
Gross Profit	168	99.2	115	153	160
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	352	306	246	261	231
Operating Profit	-44.9	-111	-32.2	-0.284	40.2
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-121	-157	-39.4	-121	-30.7
Provision for Income Taxes
Net Income After Taxes	-121	-157	-39.4	-121	-31
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	-51.4	-119	-52.1	-107	-23.1
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-63.2	-126	-57.5	-112	-23.1
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-1.43	-0.99	-1.16	-1.2	-0.387
Dividends per Share