Seritage Growth Properties (SRG)

SRG Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	25.87	20.78	107.06	116.68	116.5	168.63
Revenue Growth (YoY)	-66.32%	-80.59%	-8.25%	0.16%	-30.92%	-21.48%
Cost of Revenue	22.76	27.41	65.72	80.26	77.93	80.72
Gross Profit	3.12	-6.63	41.34	36.42	38.56	87.92
Selling, General & Admin	42.96	45.99	47.63	41.95	28.85	39.16
Other Operating Expenses	15.18	14.47	76.65	51.2	96	104.58
Operating Expenses	58.14	60.46	124.28	93.15	124.85	143.74
Operating Income	-55.02	-67.09	-82.95	-56.73	-86.28	-55.82
Interest Expense / Income	36.38	44.57	86.73	107.98	91.32	94.52
Other Expense / Income	20.45	43.21	-96.2	-136.75	-72.83	-91.14
Pretax Income	-111.85	-154.87	-73.48	-27.95	-104.77	-59.2
Income Tax	0.06	0.04	0.47	0.2	0.25	0.2
Net Income	-111.91	-154.91	-73.95	-28.15	-105.03	-59.4
Preferred Dividends	4.9	4.9	4.9	4.9	4.9	4.9
Net Income Common	-116.81	-159.81	-78.85	-33.05	-109.93	-64.3
Shares Outstanding (Basic)	56	56	50	42	38	36
Shares Outstanding (Diluted)	56	56	50	42	38	36
Shares Change	0.28%	12.91%	17.30%	10.69%	5.18%	2.40%
EPS (Basic)	-2.09	-2.85	-1.59	-0.78	-2.87	-1.77
EPS (Diluted)	-2.09	-2.85	-1.59	-0.78	-2.87	-1.77
Free Cash Flow	-47.73	-53.06	-117.92	-136	-47.31	-57.66
Free Cash Flow Per Share	-0.85	-0.94	-2.37	-3.21	-1.24	-1.58
Dividend Per Share	-	-	-	-	-	0.250
Dividend Growth	-	-	-	-	-	-75.00%
Gross Margin	12.05%	-31.91%	38.61%	31.21%	33.10%	52.13%
Operating Margin	-212.65%	-322.87%	-77.48%	-48.62%	-74.07%	-33.10%
Profit Margin	-451.47%	-769.10%	-73.65%	-28.32%	-94.36%	-38.13%
Free Cash Flow Margin	-184.49%	-255.36%	-110.15%	-116.55%	-40.61%	-34.19%
EBITDA	-60.29	-95.83	54.37	131.22	82.54	139.9
EBITDA Margin	-233.02%	-461.19%	50.78%	112.46%	70.85%	82.96%
Depreciation & Amortization	15.18	14.47	41.11	51.2	96	104.58
EBIT	-75.47	-110.3	13.25	80.02	-13.46	35.32
EBIT Margin	-291.69%	-530.83%	12.38%	68.58%	-11.55%	20.94%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).