Strawberry Fields REIT, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues
Income from operations $36.8m $49.9m $47.4m $61.3m $84.3m
Goodwill Impairment $3.0m $3.0m $3.0m $4.7m $10.5m
Mortgage insurance premium ($1.8m) ($1.7m) ($1.7m) ($1.5m) ($1.5m)
(Loss) gain due to foreign currency translation ($6.8m) $14.3m $1.6m $431k ($34.8m)
Comprehensive income attributable to non-controlling interest $6.8m ($22.3m) ($1.0m) ($620k) $26.8m
Comprehensive (loss) income ($469k) $4.7m $2.6m $3.9m ($447k)
Total other (loss) income ($10.8m) ($521k) $10k ($28k)
Net income $8.4m $16.4m $20.2m $26.5m $33.3m
Net income attributable to non-controlling interest ($3.1m) ($14.6m) ($17.7m) ($22.4m) ($25.7m)
Net income attributable to common shareholders $393k $1.9m $2.5m $4.1m $7.6m
Earnings Per Share (Basic) $0.07 $0.31 $0.39 $0.57 $0.60
Weighted Average Shares Outstanding 5.8m 6.0m 6.4m 7.1m 12.7m
Weighted Average Shares Outstanding, Diluted 5.8m 6.0m 6.4m 7.1m 12.7m
Depreciation Expense $24.5m $25.5m $26.2m $29.0m $35.8m
Selling, General and Administrative Expense $6.3m $6.0m $5.7m $6.9m $8.6m
Other Operating Expense $10.6m $13.1m $14.5m $14.5m $15.2m
Facility rent expenses $735k $532k $559k $727k $609k
Interest expense, net ($21.3m) ($20.5m) ($24.4m) ($32.6m) ($48.6m)
Amortization of deferred financing costs ($379k) ($504k) ($560k) ($657k) ($804k)
Non-Operating Income (Expense) ($4.9m) ($10.8m) ($983k) $10k ($28k)
Total expenses $50.3m $42.6m $52.4m $55.8m $70.7m
Total interest expense ($23.4m) ($22.7m) ($26.7m) ($34.8m) ($51.0m)