The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 10,216 | 2,969 | -4,706 |
| Depreciation and amortization | 20,028 | 20,028 | 53,172 |
| Change in deferred tax assets and liabilities | -109 | -163 | -883 |
| Accretion of fair market value adjustment of secured debt | -174 | -173 | -544 |
| Amortization of debt issuance costs | 1,058 | 992 | 2,912 |
| Equity-based compensation expense | 2,779 | 2,375 | 14,248 |
| Non-cash adjustment from equity method investments in jv properties | - | - | 408 |
| Non-cash adjustment - equity method investments in unconsolidated real estate ventures | 135 | 407 | - |
| Non-cash adjustment - equity method investments in managed reits | 185 | 375 | 620 |
| Accretion of financing fee revenues | 45 | 147 | 252 |
| Contingent earnout adjustment | 644 | 221 | - |
| Unrealized foreign currency and derivative (gains) losses | 5,384 | -5,224 | 7,543 |
| Loss on debt extinguishment | -262 | 0 | -2,533 |
| Issuance of noncontrolling interest in sst vi advisor | - | 0 | - |
| Sponsor funding reduction | 267 | 273 | 779 |
| Issuance of noncontrolling interest sst vi advisor | - | - | 0 |
| Gain on disposition of real estate | 1,237 | 284 | - |
| Other assets, net | -509 | 2,134 | -2,275 |
| Accounts payable and accrued liabilities | 4,526 | -11,926 | 6,289 |
| Managed reits receivables and other | -9,989 | -3,936 | -1,199 |
| Due to affiliates | 0 | -9 | -350 |
| Net cash provided by operating activities | 24,237 | 14,356 | 70,613 |
| Third party platform acquisition, net of cash acquired | - | 8,057 | - |
| Purchase of real estate | 0 | 15,265 | 288,876 |
| Net proceeds from the disposition of real estate | - | 7,872 | - |
| Additions to real estate | - | - | 7,770 |
| Additions to real estate and construction in process | 2,391 | 13,598 | - |
| Deposits on acquisitions | 0 | -5,009 | 5,552 |
| Insurance proceeds on insured property damage | 3,068 | 570 | 3,618 |
| Settlement of foreign currency hedges designated for hedge accounting | - | -1,065 | - |
| Capital distributions from unconsolidated real estate ventures | 152 | 9,971 | 1,050 |
| Capital distributions from managed reits | - | 154 | 462 |
| Investment in sst vi series d preferred units | - | - | 24,750 |
| Investments in unconsolidated real estate ventures | 1,297 | 3,866 | 3,490 |
| Repayment of ssgt iii loans | - | - | -21,919 |
| Funding of loans | -15,552 | -84,818 | - |
| Funding of loans-Ssgt Iii | - | - | -46,000 |
| Repayment of loans | 0 | -55,919 | - |
| Funding of loans-Sst Vi | - | 0 | -2,000 |
| Repayment of loans-Sst Vi | - | 0 | - |
| Preferred investment-Sst Vi | - | 34,650 | - |
| Preferred investment redemption-Sst Vi | - | 0 | - |
| Preferred investment-SSTXAdvisory Agreement | - | 1,782 | - |
| Purchase of sst vi subordinated class c units | 0 | 0 | 658 |
| Settlement of foreign currency hedges | - | - | -1,065 |
| Purchase of other assets | - | 10 | 63 |
| Purchase of other investments | 0 | 4,760 | - |
| Redemption of other investments | - | 1,000 | - |
| Net cash used in investing activities | -16,020 | -29,710 | -351,045 |
| Scheduled principal payments on non-credit facility debt | 945 | 679 | 2,221 |
| Proceeds from issuance of former credit facility debt | 8,500 | - | - |
| Repayment of former credit facility debt | 68,326 | - | - |
| Proceeds from issuance of current credit facility debt | 71,826 | 98,000 | 222,000 |
| Gross proceeds- underwritten public offering | - | 0 | 931,500 |
| Repayment of current credit facility debt | 7,000 | 50,000 | 825,005 |
| Offering costs | 0 | 0 | 57,281 |
| Gross proceeds - issuance of canadian notes | - | 0 | 511,462 |
| Gross proceeds - issuance of non-credit facility debt | 0 | 0 | 74,800 |
| Repayment - non-credit facility debt | 0 | 0 | 278,880 |
| Debt defeasance costs | 0 | 0 | 754 |
| Debt issuance costs | 3,327 | 306 | 2,727 |
| Payment of payroll withholding tax on stock vesting | 66 | 2,850 | 192 |
| Redemptions of noncontrolling interests in our op | - | 0 | 230 |
| Redemption of series a convertible preferred stock | - | 0 | 200,000 |
| Redemption of fractional common shares | - | 0 | 290 |
| Redemption of common stock | - | 0 | 0 |
| Repurchase of noncontrolling interest in sst vi advisor | - | 0 | 1,850 |
| Distributions paid - preferred stockholders | 0 | 0 | 6,967 |
| Distributions paid - common stockholders | 21,830 | 22,186 | 52,646 |
| Distributions paid - noncontrolling interests in our op | 2,066 | 1,631 | 5,475 |
| Distributions paid - other noncontrolling interests | 0 | 0 | 365 |
| Net cash (used in) provided by financing activities | -23,234 | 20,348 | 304,879 |
| Impact of foreign exchange rate changes on cash and restricted cash | -495 | 162 | 464 |
| Change in cash, cash equivalents, and restricted cash | -15,512 | 5,156 | 24,911 |
| Cash, cash equivalents, and restricted cash beginning of period | 59,368 | 54,212 | 29,301 |
| Cash, cash equivalents, and restricted cash end of period | 43,856 | 59,368 | 54,212 |
SmartStop Self Storage REIT, Inc. (SMA)
SmartStop Self Storage REIT, Inc. (SMA)