← Strawberry Fields REIT, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
| Net Income (Loss) Attributable to Parent | $393k |
$1.9m
+371.25%
|
$2.5m
+34.77%
|
$4.1m
+64.06%
|
$7.6m
+84.98%
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $8.4m | $16.4m | $20.2m | $26.5m | $33.3m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.1m | $14.6m | $17.7m | $22.4m | $25.7m | |
| Depreciation and amortization | $27.5m | $28.6m | $29.2m | $33.7m | $46.2m | |
| Amortization of Debt Issuance Costs and Discounts | $379k | $504k | $560k | $657k | $804k | |
| Amortization | $3.0m | $3.0m | $3.0m | $4.7m | $10.5m | |
| Amortization of Intangible Assets | $3.0m | $3.0m | $3.0m | — | — | |
| Depreciation | $24.5m | $25.5m | $26.2m | $29.0m | $35.8m | |
| Depreciation Expense | $27.5m | $28.6m | $29.2m | $33.7m | $46.2m | |
| Amortization of bond issuance costs | $1.0m | $1.2m | $558k | $629k | $2.5m | |
| Share-based Payment Arrangement, Noncash Expense | $250k | — | — | — | $1.7m | |
| Stock-Based Compensation Expense | $250k | — | — | — | $1.7m | |
| Nonoperating Income (Expense) | ($4.9m) | $10.9m | ($521k) | $10k | ($28k) | |
| Other Nonoperating Income (Expense) | ($4.9m) | ($10.8m) | ($983k) | $10k | ($28k) | |
| Changes in operating assets and liabilities: | ||||||
| Increase in straight-line rent receivables | ($2.0m) | ($272k) | $200k | ($4.4m) | ($7.1m) | |
| Change in Accounts Payable | $5.1m | ($6.4m) | $6.9m | $785k | $9.5m | |
| Increase (Decrease) in Other Operating Assets | — | — | — | — | $98k | |
| Increase in other assets | — | — | ($3.3m) | ($1.8m) | ($98k) | |
| Net Cash Provided by (Used in) Operating Activities | $44.8m |
$50.9m
+13.71%
|
$54.9m
+7.89%
|
$59.3m
+7.98%
|
$90.0m
+51.76%
|
|
| Cash flows from investing activities: | ||||||
| Purchase of real estate investments | ($64.1m) | ($513k) | ($108.1m) | ($113.9m) | ($110.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $5.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($58.3m) | ($10.1m) | ($106.3m) | ($136.8m) | ($111.9m) | |
| Cash flows from financing activities: | ||||||
| Proceeds from Debt Issuance | $1.7m | $105.0m | $69.2m | $59.0m | — | |
| Repayment of senior debt | ($17.2m) | ($33.2m) | ($14.0m) | ($37.4m) | ($43.3m) | |
| Payments for Repurchase of Common Stock | — | — | — | $2.5m | $652k | |
| Common stock retirement | — | — | ($46k) | ($2.5m) | ($652k) | |
| Payment of dividends | — | ($1) | ($3) | ($4) | ($8) | |
| Net cash (used in) provided by financing activities | $23.6m |
($47.2m)
-300.45%
|
$43.5m
+191.98%
|
$133.3m
+206.83%
|
($5.1m)
-103.80%
|
|
| Net Cash Provided by (Used in) Financing Activities | $23.6m |
($47.2m)
-300.45%
|
$43.5m
+191.98%
|
$133.3m
+206.83%
|
($5.1m)
-103.80%
|
|
| (Decrease) increase in cash and cash equivalent and restricted cash and equivalents | $10.1m | ($6.4m) | ($7.9m) | $55.9m | ($26.9m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $10.1m | ($6.4m) | ($7.9m) | $55.9m | ($26.9m) | |
| Cash and cash equivalents and restricted cash and equivalents at the beginning of the year | $52.1m | $45.7m | $37.8m | $93.7m | $66.8m | |
| Additional Supplementary Disclosures | ||||||
| Additional Supplementary Disclosures | ||||||
| Additional Supplementary Disclosures | ||||||
| Payments of Financing Costs | — | $1.5m | $804k | $784k | — | |
| Supplemental disclosure of cash flow information: | ||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $19.4m | $21.6m | $24.4m | $33.7m | $47.7m | |
| Additional Financial Items | ||||||
| Financing Interest Expense | $21.7m | $21.3m | $25.7m | $33.6m | $50.1m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $8.8m | — | $462k | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | $3.8m | — | — | — | — | |
| General and Administrative Expense | $6.3m | $6.0m | $5.7m | $6.9m | $8.6m | |
| Operating Expenses | $50.3m | $42.6m | $52.4m | $55.8m | $70.7m | |
| Operating Lease, Expense | — | — | $209k | — | — | |
| Real Estate Tax Expense | $10.6m | $13.1m | $14.5m | $14.5m | $15.2m | |
| Interest Expense | $19.4m | $21.6m | $24.4m | $33.7m | $47.7m | |
| Foreign currency translation adjustments | $2.0m | $25.2m | $1.2m | $431k | ($34.8m) | |
| Repayment of operating lease liability | ($284k) | ($231k) | ($291k) | ($505k) | ($353k) | |
| (Increase) decrease in notes receivable | $5.7m | ($9.6m) | $1.7m | $1.1m | ($1.8m) | |
| Proceeds from issuance of bonds, net of issuance costs | $63.0m | — | $52.4m | $116.7m | $95.2m | |
| Proceeds from ATM Stock Sales, net | — | — | — | $3.2m | $2.3m | |
| Deferred financing costs | — | ($1.5m) | ($804k) | ($784k) | — | |
| Repayment of bonds | ($22.4m) | ($106.0m) | ($24.0m) | ($10.5m) | ($15.0m) | |
| Non-controlling interest distributions | — | ($10.9m) | ($20.6m) | ($23.5m) | ($25.6m) |