SMA Q2 2024 Earnings — Smartstop Self Storage REIT Inc Revenue & Financial Results | Market Cap Arena

SMASmartstop Self Storage REIT Inc

$1B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$59M-0.7% YoY

Gross Profit

$39M66.4% margin

Operating Income

$18M29.9% margin

Net Income

-$713,000-1.2% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$17M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$628M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$60M	-0.7%
Gross Profit	$39M	$41M	-4.2%
Operating Income	$18M	$19M	-5.0%
Net Income	-$713,000	$4M	-120.3%