Wheeler Real Estate Investment Trust, Inc. (WHLR)

New Relic Income 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	100.66	102.41	100.33	75.2	60.37	60.04
Other Revenue	2.14	1.9	1.67	1.32	0.8	0.79
Total Revenue	102.8	104.31	102	76.51	61.17	60.83
Revenue Growth (YoY	-0.36%	2.26%	33.31%	25.08%	0.57%	-3.52%
Property Expenses	33.98	35.1	34.87	25.73	19.62	18.89
Selling, General & Administrative	11.23	10.98	11.75	8.62	7.14	5.83
Depreciation & Amortization	24.35	25.32	28.5	19.54	14.8	17.29
Other Operating Expenses	-0.04	-0.27	-0.33	-0.13	-0.14	-0.18
Total Operating Expenses	69.52	71.13	74.8	53.76	41.42	41.83
Operating Income	33.28	33.18	27.2	22.75	19.76	19
Interest Expense	-33.2	-32.6	-32.31	-30.11	-33.03	-17.09
Interest & Investment Income	0.78	0.46	0.48	0.07	0.03	0
Other Non-Operating Income	-2.85	-5.05	7.87	-2.33	3.77	-0.44
EBT Excluding Unusual Items	-1.99	-4.01	3.24	-9.61	-9.47	1.46
Gain (Loss) on Sale of Investments	0.65	0.84	0.69	-	-	-
Gain (Loss) on Sale of Assets	13.54	5.55	2.2	1.84	-0.25	-0.58
Asset Writedown	-1.2	-1.2	-	-	-	-
Total Legal Settlements	-	-	-	-0.7	-0.19	-0.6
Other Unusual Items	-0.48	-0.41	-	-	0.55	-
Pretax Income	10.53	0.77	6.13	-8.47	-9.35	0.29
Income Tax Expense	0.03	0	0.05	-	0	-
Earnings From Continuing Operations	10.5	0.77	6.08	-8.47	-9.35	0.29
Net Income to Company	10.5	0.77	6.08	-8.47	-9.35	0.29
Minority Interest in Earnings	-8.26	-10.34	-10.77	-3.98	-0.09	-0.04
Net Income	2.25	-9.58	-4.69	-12.45	-9.44	0.25
Preferred Dividends & Other Adjustments	17.79	12.6	24.55	9.06	3.8	9.53
Net Income to Common	-15.54	-22.18	-29.24	-21.51	-13.24	-9.29
Operating Margin	32.37%	31.81%	26.67%	29.74%	32.30%	31.23%
Profit Margin	-15.11%	-21.26%	-28.66%	-28.11%	-21.64%	-15.27%
EBITDA	54.55	55.06	50.86	40.22	34.57	35.83
EBITDA Margin	53.06%	52.79%	49.86%	52.56%	56.51%	58.90%
D&A For Ebitda	21.27	21.88	23.65	17.46	14.81	16.83
EBIT	33.28	33.18	27.2	22.75	19.76	19
EBIT Margin	32.37%	31.81%	26.67%	29.74%	32.30%	31.23%
Funds From Operations (FFO)	6.65	3.25	12.83	-3.16	-2.48	8.67
Adjusted Funds From Operations (AFFO)	-	7.19	-0.25	7.9	6.77	8.6
Effective Tax Rate	0.25%	0.13%	0.78%	-	-	-
Revenue as Reported	102.84	104.57	102.33	76.65	61.31	61

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q