WHLRPWheeler Real Estate Investment Trust, Inc.

$5M

Q3 2024 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$25M-1.6% YoY

Gross Profit

$16M65.9% margin

Operating Income

$14M56.0% margin

Net Income

-$33M-134.4% margin

EPS (Diluted)

$-9.20

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$715,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$673M

Total Liabilities

$583M

Stockholders' Equity

$26M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$25M	-1.6%
Gross Profit	$16M	$16M	-0.5%
Operating Income	$14M	$9M	+49.6%
Net Income	-$33M	-$14M	-137.0%

Revenue Segments

Base Rent

$18M76%

Tenant Reimbursements

$5M22%

Other Services

$450,0002%

Lease Termination Fees

$6,0000%

WHLRP Q3 2024 Earnings — Wheeler Real Estate Investment Trust, Inc. Revenue & Financial Results | Market Cap Arena