sma: the income statement

MyFinsight

For the quarter ending 2025-09-30, SMA made $70,429K in revenue. $5,227K in net income. Net profit margin of 7.42%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30
Total revenues	70,429
Operating expenses-Property Operating Expenses	23,491
Operating expenses-Managed REITPlatform Expenses	2,074
Operating expenses-Reimbursable Costs From Managed REITs	1,995
General and administrative	10,435
Depreciation	16,274
Intangible amortization expense	2,904
Acquisition expenses	480
Total operating expenses	57,653
Income from operations	12,776
Equity in earnings (loss) of unconsolidated real estate ventures-Corporate And Other	-47
Equity in earnings (loss) of unconsolidated real estate ventures-Managed REITS	-248
Other, net	4,667
Interest income	1,536
Interest expense	12,521
Loss on debt extinguishment	0
Income tax (expense) benefit	615
Net income (loss)	5,548
Net (income) loss attributable to noncontrolling interests	321
Less distributions to preferred stockholders	0
Less accretion - preferred equity costs	0
Net income (loss) attributable to smartstop self storage reit, inc. common stockholders	5,227

Average number of common shares outstanding- diluted	31,050,000
Earnings per share, basic	0.09
Earnings per share, diluted	0.09
Weighted average number of shares outstanding, basic	31,050,000