MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

Whitestone REIT (WSR)

For the quarter ending 2025-06-30, WSR made $37,892K in revenue. $5,054K in net income. Net profit margin of 13.34%.

Overview

Revenue
$37,892K
Net Income
$5,054K
Net Profit Margin
13.34%
EPS
$0.1
Unit: Thousand (K) dollars
Revenue Breakdown
    • Rental revenues
    • Recoveries
    • Bad debt
    • Management, transaction, and oth...

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues37,892 38,003 38,633 37,647
Interest, dividend and other investment income35 100 3 4
Interest expense8,291 8,097 8,506 8,788
Loss on disposal of assets-53 -100 -111 -72
Gain on sale of properties207 - 3,762 -75
Total other expenses-8,102 -8,097 -4,852 -8,931
Real estate taxes3,965 4,252 4,838 3,912
General and administrative4,921 5,443 4,878 6,552
Depreciation and amortization8,517 9,324 8,921 8,521
Operating and maintenance7,175 7,012 7,303 7,015
Total operating expenses24,578 26,031 25,940 26,000
Income before equity investment in real estate partnership and income tax5,212 3,875 7,841 2,716
Deficit in earnings of real estate partnership- - - -
Provision for income tax94 127 118 90
Net income5,118 3,748 7,723 2,626
Less net income attributable to noncontrolling interests64 47 99 34
Net income attributable to whitestone reit5,054 3,701 7,624 2,592
Basic (in shares)50,897,000 50,890,000 50,297,000 49,960,000
Diluted (in shares)51,914,000 52,010,000 51,305,000 51,120,000
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share)0.1 0.07 0.15 0.05
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share)0.1 0.07 0.15 0.05
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Rental revenues$27,850K (1.75%↑ Y/Y)Recoveries$10,236K (0.41%↑ Y/Y)Total rental$37,681K (0.54%↑ Y/Y)Management, transaction,and other fees$211K (26.35%↑ Y/Y)Bad debt$405K (370.93%↑ Y/Y)Total revenues$37,892K (0.65%↑ Y/Y)Income before equityinvestment in real estate...$5,212K (91.90%↑ Y/Y)Total operatingexpenses$24,578K (-5.47%↓ Y/Y)Total other expenses-$8,102K (9.28%↑ Y/Y)Gain on sale ofproperties$207K (376.00%↑ Y/Y)Interest, dividend andother investment...$35K (775.00%↑ Y/Y)Net income$5,118K (94.90%↑ Y/Y)Provision for income tax$94K (4.44%↑ Y/Y)Operating and maintenance$7,175K (2.28%↑ Y/Y)Depreciation andamortization$8,517K (-0.05%↓ Y/Y)General andadministrative$4,921K (-24.89%↓ Y/Y)Real estate taxes$3,965K (1.35%↑ Y/Y)Loss on disposal ofassets-$53K (26.39%↑ Y/Y)Interest expense$8,291K (-5.66%↓ Y/Y)Net incomeattributable to whitestone...$5,054K (94.98%↑ Y/Y)Less net incomeattributable to...$64K (88.24%↑ Y/Y)