Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
17.64M | 17.76M | 19.23M | 24.35M | 28.64M | Gross Profit |
11.67M | 11.92M | 13.05M | 15.53M | 18.23M | EBIT |
46.63M | 2.33M | 1.42M | 2.98M | 5.87M | EBITDA |
23.27M | 7.80M | 6.82M | 9.25M | 19.26M | Net Income Common Stockholders |
10.15M | 1.49M | -1.46M | -6.26M | 772.93K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
6.51M | 16.52M | 14.70M | 11.54M | 10.39M | Total Assets |
175.96M | 291.35M | 161.20M | 185.57M | 220.78M | Total Debt |
107.73M | 96.95M | 88.94M | 127.63M | 155.19M | Net Debt |
101.22M | 80.43M | 74.23M | 116.09M | 144.80M | Total Liabilities |
114.66M | 108.10M | 95.71M | 135.45M | 164.16M | Stockholders Equity |
50.93M | 174.24M | 55.67M | 34.88M | 39.18M |
Cash Flow | Free Cash Flow | |||
1.49M | -1.18M | 777.76K | 859.04K | -2.60M | Operating Cash Flow |
1.49M | 928.82K | 2.37M | 3.69M | 3.79M | Investing Cash Flow |
120.31M | -126.38M | 24.20M | 27.68M | 11.98M | Financing Cash Flow |
-131.81M | 127.26M | -23.42M | -30.22M | -15.16M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
66 Neutral | $147.38M | 75.12 | 1.64% | 7.92% | -4.13% | 82.65% | |
60 Neutral | $2.81B | 11.39 | 0.21% | 8508.43% | 6.31% | -14.32% | |
53 Neutral | $208.49M | ― | -0.37% | 1.81% | ― | ― | |
47 Neutral | $8.92M | ― | -66.17% | 4.02% | 10.38% | -430.18% | |
47 Neutral | $20.80M | 477.78 | 0.20% | 2.09% | -3.42% | 89.29% | |
42 Neutral | $8.85M | ― | -79.15% | 28.36% | 27.91% | 29.34% | |
39 Underperform | $18.02M | ― | -23.71% | 52.17% | 38.79% | -167.80% |
On April 10, 2025, David Bruen resigned from his position as a director at Presidio Property Trust, Inc., effective immediately. His resignation was not due to any disagreements with the company’s operations, policies, or practices.
Spark’s Take on SQFT Stock
According to Spark, TipRanks’ AI Analyst, SQFT is a Neutral.
Presidio Property Trust presents a challenging investment opportunity. The company’s financial performance is weak, with declining revenues and negative cash flows. Technical analysis shows mixed signals with no clear momentum. Valuation metrics are concerning, particularly the negative P/E ratio. However, recent corporate events suggest a potential positive shift in strategy with asset sales and focus on new opportunities. Investors should be cautious and consider the high risks associated with the company’s current financial position.
To see Spark’s full report on SQFT stock, click here.
Presidio Property Trust, Inc. reported its financial results for the year ended December 31, 2024, on March 31, 2025. The company saw a net loss of $27.9 million, attributed to increased general and administrative expenses and impairment charges on certain properties. Despite these challenges, Presidio achieved a revenue increase of 7.3% due to strong rent collections, new leases, and model home transactions. The company also acquired 19 model homes and sold 51, generating a gain of $3.4 million. The outlook for 2025 remains positive, with a focus on tenant retention and new acquisition opportunities.
In January and February 2025, Presidio Property Trust sold two model homes for approximately $1.04 million and two commercial properties for $16.95 million. The sales reflect a cautious optimism about the recovery of the real estate market in 2025, with potential positive trends in office occupancy rates as companies end remote work programs. The company remains focused on identifying new purchasing opportunities while monitoring lending rates.
On February 7, 2025, Presidio Property Trust announced the sale of its Union Town Center and Research Parkway properties, which are multi-building retail centers in Colorado Springs, Colorado. The decision to sell was influenced by strong interest from capital markets and the location’s appeal in the growing region of north Colorado Springs. The Denver office of Jones Lang LaSalle Americas, Inc. represented Presidio in the transaction.