For the year ending 2025-12-31, WHLR made $99,445K in revenue. -$3,850K in net income. Net profit margin of -3.87%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 99,445 | 104,574 | ||
| Property operations | 33,044 | 35,100 | ||
| Depreciation and amortization | 22,944 | 25,316 | ||
| Impairment charges | 2,880 | 1,195 | ||
| Corporate general& administrative | 11,709 | 10,982 | ||
| Total operating expenses | 70,577 | - | ||
| Gain on disposal of properties, net | 14,354 | 5,550 | ||
| Operating income | 43,222 | 37,531 | ||
| Interest income | 964 | 460 | ||
| Unrealized gain on investment securities, net - related party | 0 | - | ||
| Interest expense | 33,758 | 32,602 | ||
| Gain on investment securities, net | - | 840 | ||
| Net changes in fair value of derivative liabilities | -4,742 | 8,332 | ||
| Loss on conversion of convertible notes | -902 | -412 | ||
| Gain on preferred stock redemptions | 1,523 | 4,772 | ||
| Other expense | 928 | 1,489 | ||
| Net income before income taxes | 14,863 | 768 | ||
| Income tax expense | 26 | 1 | ||
| Net income | 14,837 | 767 | ||
| Less net income attributable to noncontrolling interests | 6,067 | 10,343 | ||
| Deemed distribution related to preferred stock redemption value | - | 552 | ||
| Net income (loss) attributable to wheeler reit | 8,770 | -9,576 | ||
| Preferred stock dividends - undeclared | 6,640 | 8,267 | ||
| Deemed contribution (distribution) related to issuance of series d preferred stock | 1,408 | - | ||
| Deemed contribution related to preferred stock exchanges | 9,558 | - | ||
| Deemed distribution related to noncontrolling interests | 16,946 | 3,780 | ||
| Net loss attributable to wheeler reit common stockholders | -3,850 | -22,175 | ||
| Basic EPS | -36.01 | -317.02 | ||
| Diluted EPS | -36.01 | -317.02 | ||
| Basic Average Shares | 106,902 | 69,948 | ||
| Diluted Average Shares | 106,902 | 69,948 | ||
Wheeler Real Estate Investment Trust, Inc. (WHLR)
Wheeler Real Estate Investment Trust, Inc. (WHLR)