Wheeler Real Estate Investment Trust, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $99.4M | $104.6M | $102.3M | $76.6M | $61.3M | $61.0M | $63.2M | $65.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $11.7M | $10.8M | $11.8M | $8.6M | $7.1M | $5.8M | $6.6M | $8.2M |
| Operating Income | $43.2M | $37.5M | $29.4M | $24.6M | $19.5M | $18.4M | $10.9M | $2.5M |
| Operating Margin | 43.5% | 35.9% | 28.7% | 32.1% | 31.8% | 30.2% | 17.2% | 3.8% |
| Interest Expense | — | — | $32.3M | $30.1M | $33.0M | $17.1M | $19.0M | $20.2M |
| Pretax Income | $14.9M | $712.0K | $6.1M | $-8.5M | $-9.3M | $287.0K | $-8.1M | $-17.8M |
| Income Tax Expense | $26.0K | $1.0K | $48.0K | $0 | $2.0K | $0 | $15.0K | $40.0K |
| Net Income | $8.8M | $-9.6M | $-4.7M | $-12.5M | $-9.4M | $245.0K | $-8.0M | $-16.5M |
| Net Margin | 8.8% | -9.2% | -4.6% | -16.2% | -15.4% | 0.4% | -12.7% | -25.3% |
| EPS (Basic) | $-36.01 | $-346,484.38 | $-13,157.97 | $-3.15 | $-0.19 | $-0.14 | $-0.33 | $-0.45 |
| EPS (Diluted) | $-36.01 | $-346,484.38 | $-13,157.97 | $-3.15 | $-0.19 | $-0.14 | $-0.33 | $-0.45 |
| Shares Outstanding (Basic) | 106.9K | 69.9K | 6.4M | 6.8M | 68.0M | 67.9M | 67.9M | 66.6M |
| Shares Outstanding (Diluted) | 106.9K | 69.9K | 6.4M | 6.8M | 68.0M | 67.9M | 67.9M | 66.6M |
| Dividends Per Share | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 |