Wheeler Real Estate Investment Trust, Inc.
Wheeler Real Estate Investment Trust, Inc. (WHLR) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Wheeler Real Estate Investment Trust, Inc. (WHLR), featuring income statements, balance sheets, and cash flow data.
Wheeler Real Estate Investment Trust, Inc. (WHLR) Income Statement & Financial Overview
Review Wheeler Real Estate Investment Trust, Inc. WHLR income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $24.35M | $27.59M | $24.79M | $26.32M |
| Cost of Revenue | $8.94M | $8.94M | $8.44M | $8.66M |
| Gross Profit | $15.42M | $18.65M | $16.35M | $17.65M |
| Gross Profit Ratio | $0.63 | $0.68 | $0.66 | $0.67 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $2.73M | $3.49M | $2.10M | $2.64M |
| Operating Expenses | $3.27M | $14.01M | $2.45M | $6.13M |
| Total Costs & Expenses | $12.21M | $22.96M | $10.90M | $14.79M |
| Interest Income | $242000.00 | $204000.00 | $133000.00 | $60000.00 |
| Interest Expense | $7.38M | $8.05M | $7.05M | $7.68M |
| Depreciation & Amortization | $6.23M | $5.28M | $6.24M | $6.37M |
| EBITDA | $19.04M | $53.92M | -$17.34M | $11.70M |
| EBITDA Ratio | $0.78 | $1.95 | -$0.70 | $0.44 |
| Operating Income | $12.14M | $4.64M | $13.89M | $11.52M |
| Operating Income Ratio | $0.50 | $0.17 | $0.56 | $0.44 |
| Other Income/Expenses (Net) | -$6.72M | $35.13M | -$44.52M | -$13.88M |
| Income Before Tax | $5.43M | $39.76M | -$30.63M | -$2.36M |
| Income Before Tax Ratio | $0.22 | $1.44 | -$1.24 | -$0.09 |
| Income Tax Expense | $26000.00 | $0.00 | $0.00 | $1000.00 |
| Net Income | $3.54M | $37.51M | -$33.32M | -$5.06M |
| Net Income Ratio | $0.15 | $1.36 | -$1.34 | -$0.19 |
| EPS | -$156.90 | $6067.12 | -$2186.10 | -$1648.95 |
| Diluted EPS | -$156.90 | $556.75 | -$2186.10 | -$1648.95 |
| Weighted Avg Shares Outstanding | $22536.00 | $5280.00 | $16319.00 | $4723.00 |
| Weighted Avg Shares Outstanding (Diluted) | $43670.00 | $57542.00 | $16319.00 | $4723.00 |
Financial performance has remained strong, with revenue growing from $26.32M in Q2 2024 to $24.35M in Q1 2025. Gross profit continued to perform well, with margins at 63% in the latest quarter. Operating income reached $12.14M in Q1 2025, holding a steady 50% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $19.04M. Net income dropped to $3.54M, keeping EPS at -$156.90. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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