← SmartStop Self Storage REIT, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $45.4m |
$76.1m
+67.53%
|
$78.5m
+3.11%
|
$109.5m
+39.57%
|
$124.0m
+13.23%
|
$168.8m
+36.07%
|
$212.6m
+26.00%
|
$233.0m
+9.57%
|
$237.0m
+1.72%
|
$281.1m
+18.62%
|
$294.0m
+4.57%
|
|
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | $3.9m | $0 | $179k | $0 | $0 | — | $284k | — | |
| Cost of Goods and Services Sold | $16.0m |
$24.5m
+53.27%
|
$25.2m
+3.03%
|
$87.5m
+246.74%
|
$128.7m
+47.11%
|
$129.0m
+0.23%
|
$65.5m
-49.18%
|
$74.5m
+13.64%
|
$81.3m
+9.16%
|
$108.7m
+33.64%
|
$118.6m
+9.17%
|
|
| Gross Profit (derived) | $29.5m |
$51.6m
+75.26%
|
$53.2m
+3.14%
|
$22.0m
-58.59%
|
($4.7m)
-121.18%
|
$39.8m
+951.85%
|
$147.1m
+269.83%
|
$158.5m
+7.75%
|
$155.7m
-1.77%
|
$172.5m
+10.78%
|
$175.4m
+1.68%
|
|
| General and Administrative Expense | $2.9m | $3.5m | $4.8m | $10.5m | $16.5m | $23.3m | $28.3m | $27.5m | $29.9m | $38.2m | $39.5m | |
| Amortization of Intangible Assets | $10.9m | $13.5m | $2.4m | $11.5m | $9.8m | $12.4m | $15.2m | $6.6m | $935k | $10.0m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | ($14.9m) |
$3.6m
+123.98%
|
$16.2m
+351.77%
|
$11.6m
-28.25%
|
($21.1m)
-282.43%
|
$16.5m
+178.09%
|
$65.9m
+299.02%
|
$70.6m
+7.22%
|
$69.2m
-1.99%
|
$59.1m
-14.63%
|
$59.3m
+0.40%
|
|
| Interest Expense | $7.4m | $16.4m | $18.0m | $37.6m | $32.6m | $31.8m | $41.5m | $61.8m | $72.3m | $59.9m | $51.0m | |
| Interest Income, Operating | — | — | — | — | — | — | — | — | $3.2m | $4.4m | $5.6m | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | — | — | — | $200k | ($3.4m) | $2.7m | — | |
| Other Nonoperating Income (Expense) | ($286k) | ($367k) | ($701k) | ($625k) | $6.0m | ($244k) | ($849k) | $3.1m | ($1.3m) | ($21k) | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($1.1m) | ($1.7m) | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | $7.0m | ($3.9m) | $697k | $15.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $13k | $122k | $22k | $2.0m | $6.9m | $2.7m | $2.8m | $9.1m | ($4.4m) | $164k | $15.6m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | $100k | $200k | $519k | $705k | $639k | $855k | $1.6m | |
| Income Tax Expense (Benefit) | — | — | — | — | $5.8m | $1.8m | ($555k) | ($2.6m) | $1.5m | $1.9m | $1.6m | |
| Net Income (Loss) Attributable to Parent | $13k |
$122k
+824.27%
|
$22k
-81.71%
|
$2.0m
+8896.37%
|
$6.9m
+243.22%
|
$2.7m
-61.41%
|
($2.8m)
-206.93%
|
($1.9m)
+33.54%
|
$266k
+114.06%
|
($8.8m)
-3392.48%
|
$9.2m
+205.31%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($26.1m) |
($14.9m)
+43.03%
|
($3.7m)
+75.12%
|
($24.8m)
-569.22%
|
($54.4m)
-119.61%
|
($29.4m)
+45.91%
|
$6.3m
+121.50%
|
($2.7m)
-143.43%
|
($18.4m)
-569.37%
|
($8.8m)
+52.35%
|
$9.2m
+205.31%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($13k) | ($122k) | ($22k) | ($2.0m) | ($6.9m) | ($2.7m) | $2.8m | $1.9m | ($266k) | ($190k) | $9.2m | |
| Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable | $13k | $122k | $22k | $2.0m | — | $2.7m | $2.8m | $579k | $507k | $190k | — | |
| Preferred Stock Dividends, Income Statement Impact | $0 | $0 | — | — | — | — | $12.5m | $12.5m | $12.8m | $3.6m | $7.2m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | — | ($286k) | $369k | $451k | $628k | — | |
| Earnings Per Share, Basic | — | — | — | — | ($0.91) | ($0.37) | $0.07 | ($0.03) | ($0.20) | ($0.20) | $0.32 | |
| Earnings Per Share, Diluted | ($1.30) | ($0.54) | ($0.12) | ($0.84) | ($1.82) | ($0.74) | $0.07 | ($0.03) | ($0.20) | ($0.20) | $0.32 | |
| Common Stock, Dividends, Per Share, Declared | $0.60 | — | — | — | $0.32 | $0.33 | $0.54 | $0.21 | $0.19 | $1.58 | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | 59.6m | 79.4m | 91.9m | 193.6m | 193.1m | 47.3m | 55.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 59.6m | 79.4m | 92.1m | 193.6m | 193.1m | 47.3m | 55.1m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $13.7m | $500k | $1.1m | $200k | $1.4m | $900k | $888k | $192k | $413k | $2.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | $36.5m | $0 | $0 | — | — | — | — | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | $86.5m | $113.7m | — |