SmartStop Self Storage REIT, Inc. (SMST)

SMST Income Statement

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

Year Ending	TTM	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	168.76	168.76	124.02	109.53
Revenue Growth (YoY)	-	36.07%	13.23%	-
Gross Profit	168.76	168.76	124.02	109.53
Selling, General & Admin	23.27	23.27	16.47	10.46
Other Operating Expenses	129.17	129.17	128.69	91.42
Operating Expenses	152.44	152.44	145.16	101.89
Operating Income	16.51	16.51	-21.14	11.59
Interest Expense / Income	33.61	33.61	36.31	41.69
Other Expense / Income	2.47	2.47	-6.25	-5.01
Pretax Income	-29.4	-29.4	-54.35	-24.75
Net Income	-19.56	-19.56	-51.21	-25.1
Net Income Common	-29.4	-29.4	-54.35	-24.75
Free Cash Flow	-16.45	-16.45	10.91	-12.16
Gross Margin	100.00%	100.00%	100.00%	100.00%
Operating Margin	9.78%	9.78%	-17.05%	10.58%
Profit Margin	-17.42%	-17.42%	-43.83%	-22.60%
Free Cash Flow Margin	-9.75%	-9.75%	8.80%	-11.10%
EBITDA	69.09	69.09	30.77	61.69
EBITDA Margin	40.94%	40.94%	24.81%	56.32%
Depreciation & Amortization	55.04	55.04	45.66	45.1
EBIT	14.04	14.04	-14.89	16.6
EBIT Margin	8.32%	8.32%	-12.01%	15.15%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).