Financial Snapshot

Revenue
$103.2M
TTM
Gross Margin
66.12%
TTM
Net Earnings
-$34.71M
TTM
Current Assets
$49.56M
Q3 2024
Current Liabilities
$30.90M
Q3 2024
Current Ratio
160.37%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$90.20M
Q3 2024
Cash
Q3 2024
P/E
-0.1072
Dec 04, 2024 EST
Free Cash Flow
-$571.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $102.3M $76.65M $61.31M $61.00M $63.16M $65.28M $58.54M $44.16M $27.62M $14.85M $7.611M $2.434M $1.925M $1.850M
YoY Change 33.51% 25.01% 0.5% -3.42% -3.24% 11.51% 32.55% 59.91% 85.95% 95.11% 212.71% 26.42% 4.07%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $102.3M $76.65M $61.31M $61.00M $63.16M $65.28M $58.54M $44.16M $27.62M $14.85M $7.611M $2.434M $1.925M $1.850M
Cost Of Revenue $34.87M $25.73M $19.62M $18.89M $19.13M $18.47M $15.39M $11.90M $8.350M $4.120M $1.660M $520.0K $520.0K $520.0K
Gross Profit $67.46M $50.91M $41.69M $42.12M $44.04M $46.80M $43.15M $32.26M $19.26M $10.73M $5.950M $1.910M $1.400M $1.330M
Gross Profit Margin 65.92% 66.43% 68.0% 69.05% 69.73% 71.7% 73.72% 73.05% 69.74% 72.25% 78.17% 78.47% 72.72% 71.89%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $11.75M $8.620M $7.140M $5.830M $6.660M $8.300M $7.190M $9.470M $10.72M $5.660M $2.420M $1.310M $390.0K $10.00K
YoY Change 36.31% 20.73% 22.47% -12.46% -19.76% 15.44% -24.08% -11.66% 89.4% 133.88% 84.73% 235.9% 3800.0%
% of Gross Profit 17.42% 16.93% 17.13% 13.84% 15.12% 17.74% 16.66% 29.36% 55.66% 52.75% 40.67% 68.59% 27.86% 0.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.50M $13.49M $11.07M $11.32M $12.02M $12.66M $10.59M $7.883M $5.370M $2.696M $1.467M $822.2K $744.9K $730.0K
YoY Change 111.28% 21.86% -2.21% -5.82% -5.06% 19.55% 34.34% 46.8% 99.18% 83.76% 78.45% 10.37% 2.05%
% of Gross Profit 42.25% 26.5% 26.55% 26.88% 27.29% 27.05% 24.54% 24.44% 27.88% 25.13% 24.66% 43.04% 53.21% 54.89%
Operating Expenses $40.25M $28.16M $21.94M $23.12M $53.70M $65.28M $57.99M $44.45M $40.07M $21.02M $9.362M $2.674M $1.674M $790.0K
YoY Change 42.94% 28.37% -5.12% -56.95% -17.74% 12.57% 30.47% 10.94% 90.62% 124.51% 250.17% 59.72% 111.89%
Operating Profit $29.41M $24.60M $19.51M $18.42M $10.85M $2.455M $1.563M -$291.0K -$12.45M -$6.168M -$1.751M -$239.5K $251.4K $540.0K
YoY Change 19.55% 26.08% 5.93% 69.69% 342.12% 57.07% -637.11% -97.66% 101.87% 252.35% 630.81% -195.3% -53.45%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense $32.31M $30.11M $33.03M $17.09M $18.98M $20.23M $17.17M $13.36M $9.044M $5.909M $2.107M $966.1K $806.0K -$800.0K
YoY Change 7.33% -8.84% 93.23% -9.96% -6.15% 17.84% 28.52% 47.68% 53.07% 180.38% 118.12% 19.87% -200.75%
% of Operating Profit 109.89% 122.4% 169.29% 92.81% 174.89% 823.95% 1098.21% 320.63% -148.15%
Other Income/Expense, Net -$3.882M -$691.0K $4.135M $0.00
YoY Change 461.79% -116.71%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income $6.131M -$8.470M -$9.349M $287.0K -$8.129M -$17.77M -$14.16M -$12.96M -$21.38M -$12.05M -$3.858M -$1.210M -$550.0K -$260.0K
YoY Change -172.38% -9.4% -3357.49% -103.53% -54.25% 25.5% 9.29% -39.4% 77.35% 212.43% 218.84% 120.0% 111.54%
Income Tax $48.00K $0.00 $2.000K $0.00 $15.00K $40.00K $137.0K $107.0K $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.78% 0.0%
Net Earnings -$4.687M -$12.45M -$9.443M $245.0K -$8.039M -$16.50M -$12.09M -$11.20M -$17.52M -$10.55M -$3.660M -$1.162M -$554.6K -$260.0K
YoY Change -62.37% 31.89% -3954.29% -103.05% -51.28% 36.43% 7.95% -36.06% 66.06% 188.24% 215.06% 109.48% 113.31%
Net Earnings / Revenue -4.58% -16.25% -15.4% 0.4% -12.73% -25.28% -20.66% -25.37% -63.44% -71.04% -48.09% -47.73% -28.81% -14.05%
Basic Earnings Per Share -$4.57 -$2.20 -$1.36 -$0.96 -$0.35
Diluted Earnings Per Share -$4.57 -$2.20 -$1.36 -$0.96 -$831.4K -$1.782M -$1.398M -$1.330M -$3.598M -$11.47M -$6.310M -$0.35

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $18.40M $28.49M $22.90M $7.700M $5.500M $3.500M $3.700M $4.900M $10.50M $10.00M $1.200M $2.100M $100.0K $200.0K
YoY Change -35.4% 24.43% 197.38% 40.0% 57.14% -5.41% -24.49% -53.33% 5.0% 733.33% -42.86% 2000.0% -50.0%
Cash & Equivalents $18.40M $28.49M $22.90M $7.700M $5.500M $3.500M $3.700M $4.900M $10.50M $10.00M $1.200M $2.100M $100.0K $200.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.500M $500.0K $600.0K $500.0K $500.0K
Other Receivables $3.900M $3.000M $200.0K $100.0K $100.0K
Total Short-Term Assets $31.53M $42.04M $32.13M $16.90M $12.40M $9.000M $9.300M $10.30M $14.00M $12.00M $2.800M $2.900M $700.0K $800.0K
YoY Change -24.99% 30.82% 90.12% 36.29% 37.78% -3.23% -9.71% -26.43% 16.67% 328.57% -3.45% 314.29% -12.5%
Property, Plant & Equipment $574.6M $576.1M $399.2M $405.4M $427.9M $436.0M $375.2M $388.9M $238.8M $129.0M $101.8M $43.30M $13.20M $13.80M
YoY Change -0.27% 44.32% -1.53% -5.26% -1.86% 16.2% -3.52% 62.86% 85.12% 26.72% 135.1% 228.03% -4.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.69M
YoY Change
Other Assets $31.09M $63.25M $31.54M $63.60M $38.90M $50.60M $52.20M $59.40M $44.50M $52.50M $12.10M $3.200M $1.000M $200.0K
YoY Change -50.85% 100.55% -50.41% 63.5% -23.12% -3.07% -12.12% 33.48% -15.24% 333.88% 278.13% 220.0% 400.0%
Total Long-Term Assets $636.8M $642.5M $433.2M $472.5M $472.0M $499.1M $448.4M $478.7M $295.2M $193.0M $122.6M $49.80M $14.10M $14.00M
YoY Change -0.89% 48.33% -8.33% 0.11% -5.43% 11.31% -6.33% 62.16% 52.95% 57.42% 146.18% 253.19% 0.71%
Total Assets $668.3M $684.5M $465.3M $489.4M $484.4M $508.1M $457.7M $489.0M $309.2M $205.0M $125.4M $52.70M $14.80M $14.80M
YoY Change
Accounts Payable $17.07M $18.40M $11.05M $11.20M $9.600M $12.10M $10.60M $11.30M $7.500M $5.100M $2.500M $200.0K $1.200M $1.400M
YoY Change -7.25% 66.44% -1.3% 16.67% -20.66% 14.15% -6.19% 50.67% 47.06% 104.0% 1150.0% -83.33% -14.29%
Accrued Expenses $10.33M $16.48M $13.04M $13.20M $11.90M $0.00
YoY Change -37.32% 26.37% -1.21% 10.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.39M $34.88M $24.09M $24.40M $21.50M $12.10M $16.10M $11.30M $7.500M $5.100M $2.500M $700.0K $1.200M $1.400M
YoY Change -21.45% 44.75% -1.25% 13.49% 77.69% -24.84% 42.48% 50.67% 47.06% 104.0% 257.14% -41.67% -14.29%
Long-Term Debt $477.9M $466.0M $333.3M $334.3M $340.9M $360.2M $307.4M $306.0M $184.6M $122.3M $94.60M $31.80M $12.10M $12.40M
YoY Change 2.56% 39.83% -0.3% -1.94% -5.36% 17.18% 0.46% 65.76% 50.94% 29.28% 197.48% 162.81% -2.42%
Other Long-Term Liabilities $21.47M $31.08M $11.55M $18.30M $8.700M $14.60M $10.40M $14.00M $9.700M $24.50M $2.700M $3.700M $0.00
YoY Change -30.93% 168.99% -36.86% 110.34% -40.41% 40.38% -25.71% 44.33% -60.41% 807.41% -27.03%
Total Long-Term Liabilities $499.4M $497.1M $344.8M $352.6M $349.6M $374.8M $317.8M $320.0M $194.3M $146.8M $97.30M $35.50M $12.10M $12.40M
YoY Change 0.46% 44.16% -2.2% 0.86% -6.72% 17.94% -0.69% 64.69% 32.36% 50.87% 174.08% 193.39% -2.42%
Total Liabilities $592.9M $598.2M $370.9M $378.9M $373.2M $389.1M $340.9M $341.7M $211.0M $162.4M $107.0M $44.00M $14.20M $13.80M
YoY Change -0.88% 61.29% -2.12% 1.53% -4.09% 14.14% -0.23% 61.94% 29.93% 51.78% 143.18% 209.86% 2.9%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 6.400M shares 9.761M shares 9.712M shares 9.698M shares 3.302M shares
Diluted Shares Outstanding 6.400M shares 9.761M shares 9.712M shares 9.698M shares 3.302M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.7211 Million

About Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust Inc is a US-based company operating in Retail REITs industry. The company is headquartered in Virginia Beach, Virginia and currently employs 52 full-time employees. The company went IPO on 2012-11-19. Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment company. The firm owns, leases, and operates income-producing retail properties with a primary focus on grocery-anchored centers. The company owns a portfolio consisting of seventy-nine properties, including seventy-five retail shopping centers, totaling 8,142,065 leasable square feet, and four undeveloped land parcels totaling approximately 61 acres. The properties are geographically located in the Mid-Atlantic, Southeast, and Northeast. The Company’s income producing properties are located in South Carolina, Georgia, Virginia, Pennsylvania, North Carolina, Massachusetts, New Jersey, Florida, Connecticut, Kentucky, Tennessee, Alabama, Maryland, West Virginia, and Oklahoma. The firm generally leases its properties to national and regional supermarket chains and selects retailers that offer necessity and value-oriented services and items and generate regular consumer traffic.

Industry: Real Estate Investment Trusts Peers: Whitestone REIT PENNSYLVANIA REAL ESTATE INVESTMENT TRUST REALTY INCOME CORP Retail Value Inc.