WHLR Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property Revenue	100.03	102.41	100.33	75.2	60.37	60.04
Service and Other Revenue	1.84	2.17	1.99	1.45	0.94	0.96
Revenue	101.87	104.57	102.33	76.65	61.31	61
Revenue Growth (YoY)	-1.29%	2.20%	33.51%	25.01%	0.50%	-3.42%
Property Expenses	33.31	35.1	34.87	25.73	19.62	18.89
Total Property Expenses	33.31	35.1	34.87	25.73	19.62	18.89
Gross Profit	68.56	69.47	67.46	50.91	41.69	42.12
Selling, General & Admin	11.58	10.98	11.75	8.62	7.14	5.83
Depreciation & Amortization Expenses	23.73	25.32	28.5	19.54	14.8	17.29
Other Operating Expenses	2.49	1.2	-	0.76	2.3	0.6
Operating Income	30.77	31.98	27.2	21.99	17.46	18.4
Net Gains on Disposal of Properties	4.42	5.55	2.2	2.6	2.06	0.02
Interest Income	0.94	1.3	1.17	0.07	0.03	0
Interest Expense	-33.21	-32.6	-32.31	-30.11	-33.03	-17.09
Other Non-Operating Income (Expense)	52.15	-5.46	7.87	-3.03	4.14	-1.04
Total Non-Operating Income (Expense)	30.76	-31.21	-21.07	-30.46	-26.8	-18.11
Pretax Income	61.53	0.77	6.13	-8.47	-9.35	0.29
Provision for Income Taxes	0.03	0	0.05	-	0	-
Net Income	33.26	-22.18	-29.24	-21.51	-13.24	-9.29
Minority Interest in Earnings	27.07	14.12	10.77	3.98	0.09	0.04
Net Income Attributable to Preferred Dividends	1.18	8.82	24.55	9.06	3.8	9.53
Net Income to Common	33.26	-22.18	-29.24	-21.51	-13.24	-9.29
Shares Outstanding (Basic)	0	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0	0
Shares Change (YoY)	467872.09%	3047.97%	555.63%	0.50%	0.14%	0.27%
EPS (Basic)	177138.12	-332871.00	-13815868.50	-66648960.00	-41126400.00	-29030400.00
EPS (Diluted)	-8974.08	-332871.00	-13815868.50	-66648960.00	-41126400.00	-29030400.00
Free Cash Flow	7.75	3.46	-3.35	-113.26	10.63	13.51
Free Cash Flow Growth	123.95%	-	-	-	-21.32%	7.92%
Free Cash Flow Per Share	28.16	51968.61	-1581143.11	-350904455.62	33095429.71	42122150.81
Gross Margin	67.30%	66.44%	65.92%	66.43%	68.00%	69.04%
Operating Margin	30.20%	30.58%	26.58%	28.70%	28.47%	30.15%
Profit Margin	54.09%	0.73%	5.94%	-11.05%	-15.25%	0.47%
FCF Margin	7.61%	3.31%	-3.27%	-147.78%	17.34%	22.14%
EBITDA	54.49	57.3	55.71	41.53	32.25	35.69
EBITDA Margin	53.49%	54.79%	54.44%	54.19%	52.60%	58.50%
EBIT	30.77	31.98	27.2	21.99	17.46	18.4
EBIT Margin	30.20%	30.58%	26.58%	28.70%	28.47%	30.15%
Effective Tax Rate	0.05%	0.13%	0.78%	0.00%	-0.02%	0.00%

Updated Nov 6, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q