Wheeler Real Estate Investment Trust, Inc.

WHLRD

WHLRDWheeler Real Estate Investment Trust, Inc. US flag

NASDAQ Capital Market

37.53

USD

-1.22

- -

3.13MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	2	2	8	15	28	44	59	65	63	61	61	77	102	105	99
+ Sales & Services Revenue	2	2	8	15	28	44	59	65	63	61	61	77	102	105	99
- Cost of Revenue	1	1	2	4	8	12	15	18	19	19	20	26	35	35	33
+ Cost of Goods & Services	1	1	2	4	8	12	15	18	19	19	20	26	35	35	33
Gross Profit	1	2	6	11	19	32	43	47	44	42	42	51	67	69	66
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	1	2	5	13	28	31	36	35	28	23	22	28	40	36	35
+ Selling, General & Admin	- -	1	2	6	11	9	7	8	7	6	7	9	12	11	12
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	1	1	3	8	17	21	29	28	21	17	15	20	29	25	23
Operating Income (Loss)	- -	- -	1	-2	-9	2	7	11	16	19	20	23	27	33	32
- Non-Operating (Income) Loss	1	1	4	10	13	15	21	29	24	19	29	31	21	32	17
+ Interest Expense, Net	1	1	2	6	9	13	16	20	19	17	33	21	27	29	30
+ Interest Expense	1	1	2	6	9	13	17	20	19	17	33	21	28	30	31
- Interest Income	- -	- -	- -	- -	- -	1	1	- -	- -	- -	- -	- -	- -	- -	1
+ Other Non-Op (Income) Loss	- -	- -	2	4	4	2	5	9	5	2	-4	10	-6	3	-13
Pretax Income	-1	-1	-4	-12	-21	-13	-14	-18	-8	- -	-9	-8	6	1	15
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-1	-1	-4	-12	-21	-13	-14	-18	-8	- -	-9	-8	6	1	15
- Net Extraordinary Losses (Gains)	- -	- -	-1	-3	-5	-3	-3	-2	- -	- -	- -	8	22	21	12
+ Discontinued Operations	- -	- -	-1	- -	3	1	2	1	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	-3	-8	-4	-4	-3	- -	- -	- -	8	22	21	12
Income (Loss) Incl. MI	-1	-1	-3	-9	-16	-10	-11	-16	-8	- -	-10	-16	-15	-20	3
- Minority Interest	- -	- -	1	1	1	1	1	- -	- -	- -	- -	-4	-11	-10	-6
Net Income, GAAP	-1	-1	-4	-11	-18	-11	-12	-16	-8	- -	-9	-12	-5	-10	9
- Preferred Dividends	- -	- -	- -	3	86	5	10	13	15	10	9	9	9	8	7
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-1	-1	-4	-13	-104	-16	-22	-29	-23	-10	-18	-22	-14	-18	2
EBIT	- -	- -	1	-2	-9	2	7	11	16	19	20	23	27	33	32
EBITDA	1	1	3	5	9	22	34	38	36	36	35	40	51	58	55
EBITDA Margin (%)	51.75	23.94	37.88	34.34	32.3	50.71	57.38	57.99	57.18	59.2	56.38	52.47	49.7	55.93	55
EBITA	- -	- -	1	-2	-9	2	7	11	16	19	20	23	27	33	32
Gross Margin (%)	72.97	78.67	78.21	72.23	69.76	73.06	73.71	71.7	69.72	69.04	68	66.43	65.92	66.26	66.77
Operating Margin (%)	13.06	-9.84	7.03	-16.03	-31.07	3.91	11.79	17.55	25.42	31.61	32.22	29.69	26.58	31.72	31.93
Profit Margin (%)	-28.81	-47.73	-48.09	-71.04	-63.44	-25.37	-20.66	-25.28	-12.73	0.4	-15.4	-16.25	-4.58	-9.21	8.82
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	2	7	18	21	27	26	20	17	15	17	24	25	23
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	1	3	3	39	23	32	34	35	30	65	52	69	53	75	69
+ Cash, Cash Equivalents & STI	- -	2	1	10	10	5	4	4	5	8	23	28	18	43	24
+ Cash & Cash Equivalents	- -	2	1	10	10	5	4	4	5	8	23	28	18	43	24
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1	1	2	2	3	17	12	11	7	9	9	14	13	15	16
+ Accounts Receivable, Net	- -	1	2	2	3	4	6	6	7	9	9	14	13	15	16
+ Notes Receivable, Net	- -	- -	- -	- -	- -	12	7	5	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	- -	27	9	10	18	21	18	48	20	27	21	18	30
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	14	50	123	166	286	457	424	473	454	424	414	615	615	578	533
+ Property, Plant & Equip, Net	13	43	102	129	239	389	-31	2	14	15	14	17	11	10	8
+ Property, Plant & Equip	16	47	107	136	251	409	- -	2	14	15	14	17	11	10	8
- Accumulated Depreciation	3	3	5	7	13	20	31	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11	12	24
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11	12	24
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	7	21	37	47	68	455	471	440	410	399	599	594	556	500
+ Total Intangible Assets	- -	- -	- -	11	12	65	46	33	22	15	11	29	19	12	7
+ Goodwill	- -	- -	- -	7	5	5	5	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	4	7	60	41	33	22	15	11	29	19	12	7
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	7	21	25	35	3	409	438	418	395	389	570	575	544	493
Total Assets	15	53	125	205	309	489	458	508	484	489	465	685	668	654	602
+ Payables & Accruals	2	1	3	5	8	11	16	12	10	11	11	18	17	17	15
+ Accounts Payable	1	1	- -	- -	- -	8	11	12	10	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	- -	3	5	8	4	5	- -	- -	11	11	18	17	17	15
+ ST Debt	- -	- -	- -	- -	- -	13	10	10	25	5	3	24	18	11	7
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	18	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	13	10	10	7	5	3	24	18	11	7
+ Other ST Liabilities	- -	- -	- -	- -	- -	1	1	5	2	13	3	- -	- -	- -	1
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	1	1	5	2	13	3	- -	- -	- -	1
Total Current Liabilities	2	1	3	5	8	25	26	27	36	29	18	42	35	28	23
+ LT Debt	12	32	95	122	185	306	307	360	335	347	346	483	488	493	476
+ LT Borrowings	12	32	95	122	185	306	307	360	323	334	333	466	478	483	468
+ LT Finance Leases	- -	- -	- -	- -	- -	13	10	- -	12	13	13	16	10	10	8
+ Other LT Liabilities	- -	4	3	24	10	- -	- -	- -	- -	1	5	7	4	16	7
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	4	3	24	10	- -	- -	- -	- -	1	5	7	4	16	7
Total Noncurrent Liabilities	12	36	97	147	194	306	307	360	335	348	351	490	492	509	484
Total Liabilities	14	36	100	152	202	331	334	387	371	377	369	532	527	537	507
+ Preferred Equity and Hybrid Capital	1	- -	1	39	18	94	95	118	129	137	134	147	142	130	100
+ Share Capital & APIC	3	14	28	31	221	224	227	234	234	234	234	235	258	276	312
+ Common Stock	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	3	14	28	31	220	224	227	234	234	234	234	235	258	276	312
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-3	-5	-11	-28	-140	-170	-205	-233	-252	-261	-274	-296	-325	-347	-351
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
Equity Before Minority Interest	1	9	18	43	98	147	117	119	111	110	94	86	75	59	63
+ Minority/Non Controlling Interest	- -	8	7	11	9	10	7	2	2	2	2	66	66	57	31
Total Equity	1	16	26	53	107	158	124	121	113	112	96	153	142	117	95
Total Liabilities & Equity	15	53	125	205	309	489	458	508	484	489	465	685	668	654	602
Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	25	19	10	19	18	16	40	28	21	16
Net Debt	12	30	93	112	174	301	304	357	335	327	310	438	459	440	445
Net Debt to Equity	1,797.64	183.52	364.78	211.44	162.2	190.91	245.25	294.24	296.26	290.54	322.14	286.81	324.44	376.88	469.42
Tangible Common Equity Ratio	1.11	30.81	19.26	1.32	26.18	-0.25	-4.12	-6.33	-8.21	-8.41	-10.7	-3.49	-3.03	-3.9	-2.05
Current Ratio	0.34	3	1.09	7.68	3.08	1.27	1.28	1.3	0.84	2.25	2.9	1.64	1.52	2.67	2.95
Cash Conversion Cycle	-358.94	-487.85	-25.9	44	32.75	-89.9	-187.25	-193.01	-170.84	-44.31	54.73	54.23	47.57	48.55	55.88

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-1	-1	-4	-12	-21	-13	-14	-18	-8	- -	-9	-8	6	1	15
+ Depreciation & Amortization	1	1	2	7	18	21	27	26	20	17	15	17	24	25	23
+ Non-Cash Items	- -	- -	- -	1	2	4	11	13	8	3	11	11	-7	3	-12
+ Stock-Based Compensation	- -	- -	- -	- -	1	1	1	1	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	5	12	7	2	3	1	1	2	4
+ Other Non-Cash Adj	- -	- -	- -	1	1	3	5	- -	1	1	9	10	-8	2	-16
+ Chg in Non-Cash Work Cap	- -	- -	-1	- -	-5	-1	- -	1	-4	-4	- -	11	-1	-3	-5
+ (Inc) Dec in Accts Receiv	- -	- -	-1	-1	-2	-2	-3	-1	-2	-3	- -	-2	- -	-2	-3
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	3	- -	- -	2	3	2	-2	- -	1	9	1	- -	- -
+ Inc (Dec) in Other	- -	- -	-3	1	-3	-1	- -	- -	- -	-1	- -	4	-3	-1	-1
+ Net Cash From Disc Ops	- -	- -	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	- -	-2	-2	-5	11	24	22	15	16	17	31	21	26	21
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	9	1	2	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	9	1	2	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-9	-22	-18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	-9	-22	-18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	13	12	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	13	12	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10	- -	-10
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10	- -	-10
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-1	-2	-64	-61	-5	-22	1	2	5	-134	-22	16	42
+ Net Cash From Disc Ops	- -	- -	-7	- -	10	1	2	3	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-9	-23	-20	-55	-59	-3	-22	1	2	5	-134	-32	15	32
+ Dividends Paid	- -	- -	-3	-5	-14	-18	-21	-15	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	-3	12	- -	-6	-8	1	2	-12	7	-8	136	11	3	-15
+ Cash From Debt	- -	- -	23	8	11	22	19	31	32	39	98	400	123	33	25
+ Repayments of Debt	- -	-3	-11	-8	-17	-29	-18	-29	-43	-31	-105	-264	-112	-30	-40
+ Other Financing Activities	- -	1	3	36	81	70	-3	19	-1	-4	-17	-18	-17	-24	-50
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	11	24	31	61	44	-23	6	-13	3	-24	118	-5	-21	-65
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	2	-1	9	1	-4	-2	6	4	21	-2	15	-16	21	-12
EBITDA	1	1	3	5	9	22	34	38	36	36	35	40	51	58	55
EBITDA Margin (%)	51.75	23.94	37.88	34.34	32.3	50.71	57.38	57.99	57.18	59.2	56.38	52.47	49.7	55.93	55
Free Cash Flow	- -	-9	-24	-20	-5	11	24	22	15	16	17	31	21	26	21
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	33	- -	- -	48	56	52
Free Cash Flow to Equity	- -	-12	-11	15	-110	76	18	35	-1	21	-2	171	18	9	-31
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	-0.63	0.25	0.67	0.23	0.3	-0.99	-1.97	-1.33	-1.9	64.41	-1.8	-2.47	-4.47	-2.7	2.41
Capital Expenditures	- -	-9	-22	-18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -