SmartStop Self Storage REIT, Inc. (SMA)

SMA Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-4.62	-5.62	9.75	18.82	-16.9	-44.3
Depreciation & Amortization	67.76	56.11	60.23	64.62	53.37	42.07
Other Amortization	4.05	4.12	2.73	2.59	1.68	3.59
Gain (Loss) on Sale of Assets	-	-	-	-	-0.35	-
Gain (Loss) on Sale of Investments	-	-	-	2.05	8.39	4.38
Asset Writedown	-	-	-	-	-	36.47
Stock-Based Compensation	15.64	5.26	5.26	3.97	2.91	1.74
Income (Loss) on Equity Investments	1.8	2.79	3.32	1.69	1.05	-
Change in Accounts Receivable	1.09	-10.05	-2.75	0.37	-0.3	-0.43
Change in Accounts Payable	1.86	7.86	-3.25	3.29	0.1	0.3
Change in Other Net Operating Assets	-1.41	-0.69	0.96	-0.8	-1.9	-1.48
Other Operating Activities	-4.96	3.93	-3.06	-2.64	10.73	-15.55
Operating Cash Flow	81.22	64.03	73.19	87.91	58.76	26.77
Operating Cash Flow Growth	40.27%	-12.52%	-16.74%	49.59%	119.52%	174.08%
Acquisition of Real Estate Assets	-399.9	-161.65	-26.84	-84.31	-75.21	-15.86
Sale of Real Estate Assets	-	-	-	0.23	0.26	-
Net Sale / Acq. of Real Estate Assets	-399.9	-161.65	-26.84	-84.08	-74.96	-15.86
Cash Acquisition	-	-	-	-65.54	-46.49	-
Investment in Marketable & Equity Securities	-33.84	-15.68	-25.8	-9.83	7.7	-13.5
Other Investing Activities	-17.95	-3.62	52.89	-45.7	-3.46	0.4
Investing Cash Flow	-451.68	-180.94	0.26	-205.15	-120.21	-28.96
Long-Term Debt Issued	-	845.39	215.15	468	518.18	0.34
Long-Term Debt Repaid	-	-647.33	-199.17	-271.75	-438.49	-0.7
Net Debt Issued (Repaid)	-192.95	198.06	15.98	196.25	79.7	-0.36
Issuance of Common Stock	931.5	-	-	-	-	-
Repurchase of Common Stock	-13.1	-34.06	-19.24	-1.76	-4.62	-1.71
Preferred Stock Issued	-	-	-	-	-	50
Common Dividends Paid	-63.34	-37.38	-40.6	-49.39	-26.16	-19.16
Preferred Dividends Paid	-10.11	-12.51	-12.5	-12.5	-12.28	-8.79
Total Dividends Paid	-73.45	-49.89	-53.1	-61.89	-38.43	-27.95
Other Financing Activities	-71.42	-19.29	-9.74	-12.53	-10.96	-6.25
Foreign Exchange Rate Adjustments	-0.95	-2.03	0.04	-1.47	-0.2	0.54
Net Cash Flow	9.17	-24.13	7.39	1.35	-35.97	12.09
Cash Interest Paid	59.7	66.01	55.65	36.52	27.22	32.83
Cash Income Tax Paid	0.54	0.3	0.41	0.27	-	-
Levered Free Cash Flow	78.15	61.88	77.78	82.42	61.16	36.27
Unlevered Free Cash Flow	115.31	102.97	113.68	105.77	80.34	55.21
Change in Working Capital	1.54	-2.88	-5.04	-3.19	-2.11	-1.61

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q