WHLRP Q1 2023 Earnings — Wheeler Real Estate Investment Trust, Inc. Revenue & Financial Results | Market Cap Arena

WHLRPWheeler Real Estate Investment Trust, Inc.

$5M

Q1 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$26M+68.2% YoY

Gross Profit

$17M65.6% margin

Operating Income

$7M25.2% margin

Net Income

-$3M-11.9% margin

EPS (Diluted)

$-3.14

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$468,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$681M

Total Liabilities

$532M

Stockholders' Equity

$83M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$15M	+68.2%
Gross Profit	$17M	$10M	+67.0%
Operating Income	$7M	$5M	+40.1%
Net Income	-$3M	-$5M	+32.3%

Revenue Segments

Base Rent

$18M75%

Tenant Reimbursements

$6M23%

Other Services

$451,0002%

Lease Termination Fees

$115,0000%