Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 102.84M | 104.57M | 102.33M | 76.64M | 61.31M | 62.13M |
Gross Profit | 63.15M | 69.47M | 67.45M | 50.91M | 41.69M | 25.96M |
EBITDA | 51.70M | 55.65M | 62.33M | 32.47M | 38.49M | 36.29M |
Net Income | 2.68M | -9.58M | -4.69M | -12.45M | -9.44M | 245.00K |
Balance Sheet | ||||||
Total Assets | 625.95M | 653.70M | 668.33M | 684.54M | 465.28M | 489.38M |
Cash, Cash Equivalents and Short-Term Investments | 28.07M | 42.96M | 18.40M | 28.49M | 22.90M | 42.77M |
Total Debt | 495.93M | 503.86M | 505.72M | 506.48M | 349.72M | 347.47M |
Total Liabilities | 534.30M | 537.05M | 526.80M | 531.98M | 368.93M | 376.97M |
Stockholders Equity | 53.78M | 59.26M | 75.41M | 86.36M | 94.41M | 110.48M |
Cash Flow | ||||||
Free Cash Flow | 27.14M | 25.99M | 20.93M | 22.25M | 10.63M | 13.51M |
Operating Cash Flow | 17.32M | 25.99M | 20.93M | 30.76M | 17.04M | 15.78M |
Investing Cash Flow | 38.44M | 15.48M | -31.52M | -133.51M | 5.10M | 2.24M |
Financing Cash Flow | -50.50M | -20.56M | -5.47M | 118.20M | -24.49M | 3.16M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
72 Outperform | $949.34M | 14.68 | 21.97% | 9.17% | 2.20% | 128.61% | |
70 Outperform | $628.81M | 1.77 | 25.89% | 3.71% | -57.45% | -20.83% | |
65 Neutral | $813.61M | 25.34 | 12.90% | 7.15% | 5.17% | -25.96% | |
65 Neutral | $210.96M | 157.55 | -0.29% | 7.58% | 17.14% | 3.27% | |
62 Neutral | $6.93B | 13.52 | -0.57% | 7.16% | 3.62% | -22.63% | |
52 Neutral | $3.58M | ― | 8.94% | ― | 0.14% | 99.35% | |
51 Neutral | $191.50M | ― | -21.22% | ― | -30.14% | 27.34% |
On August 18 and 19, 2025, Wheeler Real Estate Investment Trust, Inc. executed transactions involving the issuance of common stock in exchange for preferred stock, resulting in the retirement and cancellation of the preferred shares. These transactions were conducted without cash proceeds and relied on exemptions from the Securities Act of 1933. At the 2025 Annual Meeting of Stockholders held on August 20, 2025, all director nominees were elected, and key proposals, including the ratification of the appointment of an independent accounting firm and multiple authorizations for the Board to effect reverse stock splits of the company’s common stock over various periods, were approved.
In August 2025, Wheeler Real Estate Investment Trust, Inc. adjusted the conversion price of its 7.00% Subordinated Convertible Notes due 2031 to approximately $2.00 per share, representing a 45% discount from the previous conversion rate. This adjustment followed the redemption of 35,981 shares of Series D Preferred Stock, settled through the issuance of 410,202 shares of Common Stock. The company has processed a total of 371 redemption requests to date, issuing approximately 712,000 shares of Common Stock. The next redemption date is set for September 5, 2025, with registered Common Stock to be used for settlement.
On August 5, 2025, Wheeler Real Estate Investment Trust, Inc. announced its financial and operating results for the second quarter of 2025, ending June 30, 2025. The company has made these results available through its Quarterly Report on Form 10-Q filed with the SEC and supplemented with additional information on its investor relations website. This release provides stakeholders with updated insights into the company’s financial health and operational performance, potentially impacting its market positioning and stakeholder decisions.
On July 21, 2025, Wheeler Real Estate Investment Trust, Inc. agreed to issue 120,000 shares of its common stock to an unaffiliated investor in exchange for 15,000 shares each of its Series D and Series B Convertible Preferred Stock. The transaction, settled on July 23, 2025, involved no cash proceeds, and the exchanged preferred shares were retired and cancelled. This strategic move reflects the company’s efforts to streamline its capital structure by retiring preferred stock, potentially impacting its financial flexibility and shareholder value.
Wheeler Real Estate Investment Trust announced that the conversion price for its 7.00% Subordinated Convertible Notes due 2031 remains unchanged at approximately $2.82 per share, following the July 2025 redemptions. During the July 2025 redemption period, the company processed seven requests, redeeming 11,490 shares of Series D Preferred Stock, and issued 65,898 shares of Common Stock in settlement. The company has cumulatively processed 358 redemption requests, redeeming over 1.65 million shares of Series D Preferred Stock, and issued approximately 301,500 shares of Common Stock. The next redemption date is set for August 5, 2025, with a deadline for requests on July 25, 2025.
On June 11, 2025, Stilwell Activist Investments, L.P., Stilwell Activist Fund, L.P., and Stilwell Value Partners VII, L.P. converted portions of Wheeler Real Estate Investment Trust’s 7.00% Subordinated Convertible Notes into shares of common stock, totaling 536,477 shares. This conversion was executed under the terms of the Indenture and relied on an exemption from registration under the Securities Act of 1933, indicating a strategic move by the investors to increase their equity stake without incurring additional costs for the company.
Wheeler Real Estate Investment Trust, Inc. announced an adjustment to the conversion price of its 7.00% Subordinated Convertible Notes due 2031, reducing it to approximately $2.82 per share of Common Stock, representing a 45% discount from the previous conversion price. This adjustment follows the June 2025 redemptions of Series D Preferred Stock, where the company processed 1,100 shares for redemption, settling through the issuance of 8,871 shares of Common Stock. Looking ahead to July 2025, the company anticipates potential challenges in meeting redemption requests due to a possible shortage of registered Common Stock, prompting plans to file a new registration statement to cover future redemptions.
On May 20, 2025, Wheeler Real Estate Investment announced that the interest on its 7.00% Subordinated Convertible Notes due 2031, payable on June 30, 2025, will be issued in the form of Series D Cumulative Convertible Preferred Stock. This decision reflects a strategic financial maneuver that may impact the company’s financial structure and stakeholder interests.