Seritage Growth Properties
Seritage Growth Properties (SRG-PA) Financial Performance & Income Statement Overview
Explore the financials of Seritage Growth Properties (SRG-PA), including yearly and quarterly data on income, cash flow, and balance sheets.
Seritage Growth Properties (SRG-PA) Income Statement & Financial Overview
View the income breakdown for Seritage Growth Properties SRG-PA across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $4.60M | $4.38M | $3.25M | $4.17M |
| Cost of Revenue | $3.86M | $4.58M | $9.41M | $6.56M |
| Gross Profit | $738000.00 | -$199000.00 | -$6.16M | -$2.39M |
| Gross Profit Ratio | $0.16 | -$0.05 | -$1.90 | -$0.57 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $15.69M | $6.78M | $7.18M | $6.87M |
| Operating Expenses | $15.69M | $9.04M | $7.18M | $6.87M |
| Total Costs & Expenses | $19.55M | $13.62M | $16.59M | $13.43M |
| Interest Income | $0.00 | $1.25M | $0.00 | $717000.00 |
| Interest Expense | $860000.00 | $5.63M | $6.92M | $6.28M |
| Depreciation & Amortization | $2.08M | $2.19M | $4.45M | $1.21M |
| EBITDA | -$20.30M | -$3.41M | -$9.16M | -$8.06M |
| EBITDA Ratio | -$4.41 | -$0.78 | -$2.82 | -$1.93 |
| Operating Income | -$14.96M | -$9.23M | -$13.34M | -$9.27M |
| Operating Income Ratio | -$3.25 | -$2.11 | -$4.10 | -$2.23 |
| Other Income/Expenses (Net) | -$7.44M | -$2.10M | -$8.55M | -$90.48M |
| Income Before Tax | -$22.39M | -$11.34M | -$21.89M | -$99.75M |
| Income Before Tax Ratio | -$4.87 | -$2.59 | -$6.73 | -$23.95 |
| Income Tax Expense | $190000.00 | $12000.00 | $87000.00 | $1.47M |
| Net Income | -$23.43M | -$11.35M | -$21.97M | -$101.23M |
| Net Income Ratio | -$5.09 | -$2.59 | -$6.76 | -$24.30 |
| EPS | -$0.42 | $2.59 | -$0.41 | -$1.82 |
| Diluted EPS | -$0.42 | $2.59 | -$0.41 | -$1.82 |
| Weighted Avg Shares Outstanding | $56.28M | $56.27M | $56.27M | $56.27M |
| Weighted Avg Shares Outstanding (Diluted) | $56.28M | $56.27M | $56.27M | $56.27M |
Over the past four quarters, Seritage Growth Properties demonstrated steady revenue growth, increasing from $4.17M in Q2 2024 to $4.60M in Q1 2025. Operating income reached -$14.96M in Q1 2025, maintaining a consistent -325% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$20.30M, reflecting operational efficiency. Net income dropped to -$23.43M, with EPS at -$0.42. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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