SmartStop Self Storage REIT, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $76.1M | $45.4M | $17.9M | $465.3K | $0 |
| Cost of Revenue | $24.5M | $16.0M | $6.8M | $167.4K | $0 |
| Gross Profit | $51.6M | $29.5M | $11.2M | $297.9K | $0 |
| Gross Margin | 67.8% | 64.8% | 62.3% | 64.0% | — |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $3.5M | $2.9M | $1.6M | $943.9K | $0 |
| Operating Income | $3.6M | $-14.9M | $-5.1M | $-2.3M | $0 |
| Operating Margin | 4.7% | -32.8% | -28.4% | -485.0% | — |
| Interest Expense | $16.4M | $7.4M | $2.9M | $116.9K | $0 |
| Pretax Income | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — |
| Net Income | $-15.0M | $-26.1M | $-8.9M | $-2.4M | $0 |
| Net Margin | -19.7% | -57.5% | -49.9% | -515.0% | — |
| EPS (Basic) | — | — | — | $-4.59 | $0.00 |
| EPS (Diluted) | — | — | — | $-4.59 | $0.00 |
| Shares Outstanding (Basic) | — | — | 2.5M | 1.8M | 100 |
| Shares Outstanding (Diluted) | — | — | 2.5M | 1.8M | 100 |
| Dividends Per Share | — | $0.60 | $0.60 | $0.60 | — |