Global Self Storage, Inc. ( (SELF) ) has released its Q2 earnings. Here is a breakdown of the information Global Self Storage, Inc. presented to its investors.
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Global Self Storage, Inc. is a real estate investment trust that focuses on owning, operating, managing, acquiring, and redeveloping self-storage properties across various states in the U.S., offering secure and accessible storage solutions for both residential and commercial customers.
In its second quarter of 2025 earnings report, Global Self Storage, Inc. showcased a steady financial performance with a notable increase in revenues and net income compared to the previous year. The company emphasized its operational excellence, which has driven peer-leading growth in key metrics such as same-store revenues, occupancy, and funds from operations (FFO).
The company’s total revenues for the second quarter increased by 2.7% to $3.2 million, while net income rose to $664,000, marking an improvement from the previous year. Same-store revenues and net operating income (NOI) also saw growth, with occupancy rates reaching a high of 94.7%. Additionally, the company’s FFO and adjusted FFO (AFFO) showed significant increases, reflecting strong financial health and operational efficiency.
Global Self Storage maintained its quarterly dividend, supported by robust capital resources totaling approximately $25.2 million. The company’s strategic focus on targeted marketing and customer satisfaction has resulted in high tenant retention and brand loyalty, contributing to its financial success.
Looking ahead, Global Self Storage is well-positioned to continue executing its strategic business plan, which includes potential acquisitions and expansions in select markets. The management remains optimistic about sustaining growth and delivering value to shareholders through disciplined operations and a commitment to superior customer service.
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