For the quarter ending 2025-09-30, SSST made $70,429K in revenue. $5,227K in net income. Net profit margin of 7.42%.
| Income Statement | 2025-09-30 | 2024-09-30 | ||
|---|---|---|---|---|
| Total revenues | 70,429 | 60,157 | ||
| 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 | 7,210 | ||
| Depreciation | 16,274 | 13,836 | ||
| Intangible amortization expense | 2,904 | 215 | ||
| Cost of goods and services sold | - | 19,302 | ||
| Acquisition expenses | 480 | 38 | ||
| Total operating expenses | 57,653 | 42,457 | ||
| Income from operations | 12,776 | 17,700 | ||
| 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 | -1,981 | ||
| Equity in earnings (losses) from investments | - | -380 | ||
| Interest income | 1,536 | 1,023 | ||
| Interest expense | 12,521 | 19,102 | ||
| Loss on debt extinguishment | 0 | - | ||
| Income tax (expense) benefit | 615 | 404 | ||
| Net income (loss) | 5,548 | -3,392 | ||
| Net (income) loss attributable to noncontrolling interests | 321 | -314 | ||
| Less distributions to preferred stockholders | 0 | 3,142 | ||
| Less accretion - preferred equity costs | 0 | - | ||
| Net income (loss) attributable to smartstop self storage reit, inc. common stockholders | 5,227 | -6,220 | ||
| Basic EPS | 0.09 | -0.07 | ||
| Diluted EPS | 0.09 | -0.07 | ||
| Basic Average Shares | 31,050,000 | 96,476,987 | ||
| Diluted Average Shares | 31,050,000 | 96,476,987 | ||
SmartStop Self Storage REIT, Inc. (SSST)
SmartStop Self Storage REIT, Inc. (SSST)