![]() We refer you to the GAAP financial disclosure and reconciliations to non-GAAP financial measurement set forth below and in the Company’s Form 10-Q for the quarter ended March 31, 2021. Investments in Real Property Interests and Related Intangible Assets, as identified in the Company’s Consolidated Statements of Cash Flows, was $104.7 million and $21.6 million for the three months ended Maand 2020 respectively, an increase of $83.1 million, or 385%, for the quarter ended Maover the quarter ended March 31, 2020.Īcquisition Capex deployed by the Company was $107.8 million and $28.4 million for the quarter ended Maand 2020 respectively, an increase of $79.4 million or 280% for the quarter ended Maover the quarter ended March 31, 2020. Gross Profit increased 41% to $21.9 million Q1 2021 compared to gross profit of $15.5 million in the corresponding 2020 three-month period, while maintain a gross profit margin of approximately 99%.Īnnualized In Place Rents increased to $90.6 million as of March 31, 2021, an increase of $29.8 million or 49% over the MaAnnualized In Place Rents of $60.8 million. Revenue increased 42% to $22.2 million for the three months ended Macompared to revenue of $15.6 million for the three months ended March 31, 2020. We are excited to continue adding to the powerful scale of these stable cash flow streams underlying essential telecom digital infrastructure leases,” commented Bill Berkman, Co-Chairman and Chief Executive Officer. In Q1 2021, we increased revenue by 42% over the 2020 first quarter, bringing our Annualized In Place Rents to over $90 million. “We are very pleased to announce another quarterly result of strong revenue, gross profit and portfolio growth, adding to the significant capital deployment achieved in the fourth quarter of 2020. ![]() ![]() (NASDAQ: RADI) (“Radius” or the “Company”), one of the largest global owners and acquirors of real property interests and contractual rights underlying essential telecommunications digital infrastructure in 19 countries, today reported results for the first quarter of 2021. ![]() NEW YORK-( BUSINESS WIRE)-Radius Global Infrastructure, Inc. ![]()
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