Wheeler Real Estate Investment Trust

Real Estate & Construction property search

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust (WHLR) was formed with the primary objective of acquiring, financing, developing, leasing, owning and managing income producing assets such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. WHLR’s portfolio consists of strategically selected properties that are located in the Mid-Atlantic, Southeast and Southwest regions of the United States, and are generally leased by nationally and regionally recognized retailers of consumer goods (Food Lion / CVS / TJ Maxx).

Revenue(Q1, 2017)

Market capitalization(2017-08-15)

Type

Public

HQ

Virginia Beach, US

Founded

1999

Website

Wheeler Real Estate Investment Trust was founded in 1999 and is headquartered in Virginia Beach, US

Key People at Wheeler Real Estate Investment Trust

Jon S. Wheeler

Jon S. Wheeler

CEO

Wheeler Real Estate Investment Trust Office Locations

Wheeler Real Estate Investment Trust has offices in Virginia Beach and Charleston

Virginia Beach, US (HQ)

2529 Virginia Beach Blvd

Charleston, US

Majestic Square 211 King Street, Suite 100

Wheeler Real Estate Investment Trust Data and Metrics

Wheeler Real Estate Investment Trust Financial Metrics

Wheeler Real Estate Investment Trust's revenue was reported to be $14.3 m in Q1, 2017

Summary

USD

Wheeler Real Estate Investment Trust's current market capitalization is $89.1 m.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	8.7 m	17.2 m	27.7 m	44.2 m
Revenue growth, %		97%	62%	59%
Sales and marketing expense				963.9 k
Operating expense total	10.6 m	22.1 m	40.1 m	44.5 m
EBIT	(1.9 m)	(4.9 m)	(12.3 m)	(291.1 k)
EBIT margin, %	(22%)	(29%)	(44%)	(1%)
Interest expense	2.5 m	6.8 m	(9 m)	(13.4 m)
Interest income				691.9 k
Income tax expense				(107.5 k)
Net Income	(4.4 m)	(11.7 m)	(18.8 m)	(12.2 m)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	3.6 m	4.2 m	5.8 m	6.7 m	7.2 m	9.1 m	11.1 m	11.9 m	14.3 m
Sales and marketing expense			108.9 k	111.7 k	86.7 k	152.8 k	91 k	589.7 k	115 k
Operating expense total			108.9 k	111.7 k	86.7 k	152.8 k	91 k	589.7 k	115 k
EBIT	(368.8 k)	(2.3 m)	(1.8 m)	(3.1 m)	(5.1 m)	(1.2 m)	(13.4 k)	1.7 m	1.2 m
EBIT margin, %	(10%)	(55%)	(32%)	(46%)	(71%)	(13%)	(0%)	14%	8%
Interest expense	(1.5 m)	(1.7 m)	(2.4 m)	(2.2 m)	(2.3 m)	(2.4 m)	(3.7 m)	(3.6 m)	(4.2 m)
Income tax expense									(41 k)
Net Income	(1.9 m)	(4 m)	(4.2 m)	(5.3 m)	(7.2 m)	(3.6 m)	(3 m)	(1.6 m)	(1.2 m)

Balance Sheet

Annual

USD	FY, 2015	FY, 2016
Cash	11.3 m	4.9 m
Goodwill	5.5 m	5.5 m
Total Assets	314 m	489 m
Accounts Payable		22.4 m
Total Liabilities		331.3 m
Common Stock		680.3 k
Preferred Stock	453 k	52.5 m
Additional Paid-in Capital	220.4 m	223.3 m
Retained Earnings	(140.3 m)	(170.4 m)
Total Equity	107.4 m	105.2 m
Financial Leverage	2.9 x	4.6 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	16.2 m	19.9 m	81 m	49.2 m	8 m	7 m	2.7 m	35.8 m	4.7 m
Goodwill			7 m	5.5 m	5.5 m	5.5 m	5.5 m	5.5 m	5.5 m
Total Assets	140.2 m	188.3 m	288 m	301.2 m	339 m	301.9 m	365.8 m	404.6 m	481.5 m
Common Stock		74.4 k	78.4 k	544.2 k	661.5 k	663.1 k	678.6 k	679.4 k	86 k
Preferred Stock	1.5 m	1.5 m	1.5 m	1.5 m	453 k	453 k	453 k	453 k	453 k
Additional Paid-in Capital	28.1 m	28.1 m	32.2 m	183.8 m	219.9 m	220.2 m	222.3 m	222.7 m	225.1 m
Retained Earnings	(16.3 m)	(21.7 m)	(34.6 m)	(108.5 m)	(134.1 m)	(147.5 m)	(154.3 m)	(160.6 m)	(177.6 m)
Total Equity	38.9 m	52.8 m	45.6 m	124.1 m	113.4 m	101.2 m	97.8 m	114.6 m	98.8 m
Financial Leverage	3.6 x	3.6 x	6.3 x	2.4 x	3 x	3 x	3.7 x	3.5 x	4.9 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	(4.4 m)	(11.7 m)	(18.8 m)	(12.2 m)
Depreciation and Amortization	3.5 m	8.2 m	16.9 m	7.9 m
Cash From Operating Activities	(898.1 k)	8.8 m	(9.3 m)
Capital Expenditures			(531.3 k)	(2 m)
Cash From Investing Activities			(52.9 m)	(60.5 m)
Cash From Financing Activities			63.6 m	44.5 m
Interest Paid			8.3 m	11 m
Free Cash Flow			(8.8 m)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	(1.9 m)	(4 m)	(4.2 m)	(5.3 m)	(7.2 m)	(3.6 m)	(3 m)	(1.6 m)	(1.2 m)
Depreciation and Amortization	1.7 m	2.2 m	3.2 m	4.1 m	4.8 m	4.9 m	5.4 m	5 m	6.4 m

Ratios

Wheeler Real Estate Investment Trust Market Value History

Competitors

CBL & Associates Properties

Real Estate & Construction - Public

Zoopla Property Group

Real Estate & Construction - Public

Real Estate & Construction - Private

Real Estate & Construction - Public

Compare competitors

Traffic Overview of Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust Online and Social Media Presence

Wheeler Real Estate Investment Trust News and Updates

July 07, 2016

BRIEF-Wheeler Real Estate Investment Trust files for series b convertible preferred stock of up to $50.0 mln

* Files for series b convertible preferred stock of up to $50.0 million - sec filing Source text : http://bit.ly/29rI4eP Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)

Wheeler Real Estate Investment Trust Company Life and Culture

You may also be interested in