--- title: "WHEELER REAL ESTATE INVT TR INC 9% CUM CONV PFD SER B | 10-Q: FY2025 Q2 Revenue: USD 26.1 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/251698211.md" datetime: "2025-08-05T20:05:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251698211.md) - [en](https://longbridge.com/en/news/251698211.md) - [zh-HK](https://longbridge.com/zh-HK/news/251698211.md) --- # WHEELER REAL ESTATE INVT TR INC 9% CUM CONV PFD SER B | 10-Q: FY2025 Q2 Revenue: USD 26.1 M Revenue: As of FY2025 Q2, the actual value is USD 26.1 M. EPS: As of FY2025 Q2, the actual value is USD -9.45. ### Segment Revenue - **Rental Revenues**: $25.656 million for the three months ended June 30, 2025, compared to $25.894 million for the same period in 2024. For the six months ended June 30, 2025, rental revenues were $49.837 million, compared to $51.589 million in 2024. ### Operational Metrics - **Net Income**: Net loss of $1.000 million for the three months ended June 30, 2025, compared to a net loss of $2.358 million for the same period in 2024. For the six months ended June 30, 2025, net income was $1.373 million, compared to a net loss of $8.364 million in 2024. - **Operating Income**: $14.954 million for the three months ended June 30, 2025, compared to $11.522 million for the same period in 2024. For the six months ended June 30, 2025, operating income was $27.096 million, compared to $19.000 million in 2024. - **Depreciation and Amortization**: $5.778 million for the three months ended June 30, 2025, compared to $6.373 million for the same period in 2024. For the six months ended June 30, 2025, depreciation and amortization were $12.009 million, compared to $12.971 million in 2024. ### Cash Flow - **Net Cash Provided by Operating Activities**: $13.324 million for the six months ended June 30, 2025, compared to $13.112 million for the same period in 2024. - **Net Cash Provided by (Used in) Investing Activities**: $25.343 million for the six months ended June 30, 2025, compared to -$6.735 million for the same period in 2024. - **Net Cash Used in Financing Activities**: -$41.306 million for the six months ended June 30, 2025, compared to -$4.420 million for the same period in 2024. ### Unique Metrics - **Gain on Disposal of Properties, Net**: $5.189 million for the three months ended June 30, 2025, compared to $2.883 million for the same period in 2024. For the six months ended June 30, 2025, the gain was $10.877 million, compared to $2.883 million in 2024. ### Future Outlook and Strategy - **Core Business Focus**: The company intends to continue opportunistically exchanging shares of its Common Stock for its Series B Preferred Stock and/or its Series D Preferred Stock with the holders thereof as an additional strategy to reduce the outstanding number of each security, enhance the Company’s financial stability, and optimize its capital allocation. - **Non-Core Business**: The company plans to continue repurchasing its Cedar Series B Preferred Stock and Cedar Series C Preferred Stock as both series are currently trading at a discount to their liquidation value, presenting a strategic opportunity to buy back shares at favorable prices. ### Related Stocks - [WHLRP.US](https://longbridge.com/en/quote/WHLRP.US.md) ## Related News & Research - [Wheeler REIT Continues Series D Redemptions, Resets Conversion Price](https://longbridge.com/en/news/281888472.md) - [Intel's stock has been 'absolutely on fire.' Now it needs to deliver on the hype.](https://longbridge.com/en/news/283029789.md) - [Intel stock continues surge, is valuation becoming too expensive?](https://longbridge.com/en/news/283029306.md) - [Oklo, NuScale Power (SMR) Stocks Fail to Budge on Nuclear Update from the White House](https://longbridge.com/en/news/283039816.md) - [BREAKINGVIEWS-Snap's activist fix is built to disappear](https://longbridge.com/en/news/283028469.md)