Wheeler Real Estate Investment Trust

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).
Type
Public
HQ
Virginia Beach, US
Founded
1999
Website
whlr.us
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
USD

Revenue (Q1, 2017)

14.3 m

Net income (Q1, 2017)

(1.2 m)

EBIT (Q1, 2017)

1.2 m

Market capitalization (15-Aug-2017)

89.1 m

Cash (31-Mar-2017)

4.7 m
Wheeler Real Estate Investment Trust's current market capitalization is $89.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8.7 m17.2 m27.7 m44.2 m

Revenue growth, %

97%62%59%

Sales and marketing expense

963.9 k

Operating expense total

10.6 m22.1 m40.1 m44.5 m

EBIT

(1.9 m)(4.9 m)(12.3 m)(291.1 k)

EBIT margin, %

(22%)(29%)(44%)(1%)

Interest expense

2.5 m6.8 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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

3.6 m4.2 m5.8 m6.7 m7.2 m9.1 m11.1 m11.9 m14.3 m

Sales and marketing expense

108.9 k111.7 k86.7 k152.8 k91 k589.7 k115 k

Operating expense total

108.9 k111.7 k86.7 k152.8 k91 k589.7 k115 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 m1.2 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)
USDFY, 2015FY, 2016

Cash

11.3 m4.9 m

Goodwill

5.5 m5.5 m

Total Assets

314 m489 m

Accounts Payable

22.4 m

Total Liabilities

331.3 m

Common Stock

680.3 k

Preferred Stock

453 k52.5 m

Additional Paid-in Capital

220.4 m223.3 m

Retained Earnings

(140.3 m)(170.4 m)

Total Equity

107.4 m105.2 m

Financial Leverage

2.9 x4.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

16.2 m19.9 m81 m49.2 m8 m7 m2.7 m35.8 m4.7 m

Goodwill

7 m5.5 m5.5 m5.5 m5.5 m5.5 m5.5 m

Total Assets

140.2 m188.3 m288 m301.2 m339 m301.9 m365.8 m404.6 m481.5 m

Common Stock

74.4 k78.4 k544.2 k661.5 k663.1 k678.6 k679.4 k86 k

Preferred Stock

1.5 m1.5 m1.5 m1.5 m453 k453 k453 k453 k453 k

Additional Paid-in Capital

28.1 m28.1 m32.2 m183.8 m219.9 m220.2 m222.3 m222.7 m225.1 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 m52.8 m45.6 m124.1 m113.4 m101.2 m97.8 m114.6 m98.8 m

Financial Leverage

3.6 x3.6 x6.3 x2.4 x3 x3 x3.7 x3.5 x4.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(4.4 m)(11.7 m)(18.8 m)(12.2 m)

Depreciation and Amortization

3.5 m8.2 m16.9 m7.9 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 m44.5 m

Interest Paid

8.3 m11 m

Free Cash Flow

(8.8 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 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 m2.2 m3.2 m4.1 m4.8 m4.9 m5.4 m5 m6.4 m
Y, 2017

Financial Leverage

4.9 x

Wheeler Real Estate Investment Trust Market Value History

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

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

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