--- title: "Presidio Property Trust | 10-K: FY2025 Revenue: USD 16.81 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/280847343.md" datetime: "2026-03-27T21:08:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280847343.md) - [en](https://longbridge.com/en/news/280847343.md) - [zh-HK](https://longbridge.com/zh-HK/news/280847343.md) --- # Presidio Property Trust | 10-K: FY2025 Revenue: USD 16.81 M Revenue: As of FY2025, the actual value is USD 16.81 M. EPS: As of FY2025, the actual value is USD -8.65. EBIT: As of FY2025, the actual value is USD -324.32 K. #### Segment Revenue - **Total Revenue**: Presidio Property Trust, Inc.’s total revenue decreased from $18.9 million in 2024 to $16.8 million in 2025, representing a year-over-year decrease of $2.1 million or -11.2% . - **Revenue by Segment (% of Gross Revenue)**: - **Office/Industrial**: Increased from 65.2% in 2024 to 72.8% in 2025 . - **Model Home**: Remained stable at 23.4% in 2024 and 23.5% in 2025 . - **Retail**: Decreased significantly from 11.2% in 2024 to 3.2% in 2025 . - **Other Non-Segment & Consolidating Items**: Increased from 0.2% in 2024 to 0.5% in 2025 . #### Operational Metrics - **Rental Operating Costs**: Decreased by $0.1 million or -1.6%, from $6.3 million in 2024 to $6.2 million in 2025 . As a percentage of total revenue, these costs increased from 33.1% in 2024 to 36.6% in 2025 . - **General and Administrative (G&A) Expenses**: Decreased by $1.8 million or -24.2%, from $7.5 million in 2024 to $5.7 million in 2025 . As a percentage of total revenue, these expenses decreased from 39.8% in 2024 to 33.9% in 2025 . - **Depreciation and Amortization**: Decreased from $5.5 million in 2024 to $4.9 million in 2025 . - **Asset Impairments (Non-cash)**: Total impairments increased from $2.0 million in 2024 to $6.4 million in 2025 . - **2025**: Approximately $6.0 million for commercial properties (Shea Center II and Dakota Center), $0.3 million for model homes, and $0.1 million for goodwill . - **2024**: Approximately $1.4 million for the One Park Center property, $0.4 million for eight model homes, and $0.2 million for goodwill . - **Interest Expense - Mortgage Notes**: Remained consistent at - $6.1 million for both 2025 and 2024 . - **Income Tax (Expense) Benefit**: Increased from - $60,855 in 2024 to - $463,170 in 2025 . - **Net Loss in Conduit Pharmaceuticals Marketable Securities**: Significantly decreased from - $17,925,723 in 2024 to - $188,287 in 2025 . - **Income Attributable to Noncontrolling Interests**: Decreased from - $2,524,665 in 2024 to - $685,586 in 2025 . - **Gain on Sales of Real Estate, Net**: Increased from $3.4 million in 2024 to $5.4 million in 2025 . #### Cash Flow - **Operating Activities Cash Flow**: Presidio Property Trust, Inc. provided $417,870 in 2025, a significant improvement from using - $728,060 in 2024, representing a year-over-year increase of $1.1 million . - **Investing Activities Cash Flow**: Provided $13.5 million in 2025, up from $12.9 million provided in 2024 . In 2025, this included - $9.4 million for real estate acquisitions, - $2.7 million for additions to buildings and tenant improvements, and $25.6 million from proceeds from sales of real estate, net . - **Financing Activities Cash Flow**: Used - $14.5 million in 2025, compared to - $10.6 million used in 2024 . Key activities in 2025 included $18.9 million from proceeds of mortgage notes payable, - $28.9 million for repayment of mortgage notes payable, - $1.9 million for stock repurchases, and - $2.3 million for dividends paid to Series D Preferred Stockholders . - **Cash, Cash Equivalents, and Restricted Cash**: Totaled $7.4 million as of December 31, 2025, down from $8.0 million as of December 31, 2024 . Restricted cash was $5.7 million in 2025, compared to $5.0 million in 2024 . #### Unique Metrics - **Total Real Estate Assets by Segment (% of Total Real Estate Assets)**: - **Office/Industrial**: Increased from 58.3% in 2024 to 62.1% in 2025 . - **Model Home**: Increased from 29.3% in 2024 to 33.8% in 2025 . - **Retail**: Decreased from 12.3% in 2024 to 4.1% in 2025 . - **Total Debt (as of December 31)**: Decreased from $102.1 million in 2024 to $92.1 million in 2025 . - **Weighted-Average Interest Rate (as of December 31)**: Increased from 5.63% in 2024 to 6.16% in 2025 . - **Mortgage Notes Payable (as of December 31, 2025)**: Total debt was $92.1 million, with $67.3 million related to commercial properties and $25.6 million to model homes . Recourse debt was $22.6 million, of which $5.5 million was for model home properties . Approximately $30.0 million in principal payments are due in 2026, including $4.5 million for model home properties and $25.5 million for commercial properties . - **Stock Repurchase Program (2025)**: Presidio Property Trust, Inc. repurchased 16,080 shares of Series A Common Stock at an average price of $4.79 per share for $77,092, and an additional 214,412 shares at $6.80 per share for approximately $1,458,000 via a fixed price self-tender offer . Furthermore, 23,346 shares of Series D Preferred Stock were repurchased at an average price of approximately $14.76 per share, totaling $344,503 . #### Outlook / Guidance Presidio Property Trust, Inc. anticipates a $4.0 million revenue decrease in 2026 due to the sale of Dakota Center and the loss of Shea Center II, which is expected to also reduce commercial property operating costs by $2.5 million and depreciation and amortization by approximately $1.0 million . The Board of Directors has suspended the monthly dividend on Series D Preferred Stock starting January 2026, with unpaid dividends accruing, and will re-evaluate reinstatement quarterly . ### Related Stocks - [SQFT.US](https://longbridge.com/en/quote/SQFT.US.md) ## Related News & Research - [Presidio Property Trust Streamlines Board with Director Reduction](https://longbridge.com/en/news/288481108.md) - [Presidio Property Trust Reports Quarterly Loss, Cuts Costs](https://longbridge.com/en/news/286757516.md) - [REG - TR Property Inv. - Director/PDMR Shareholding](https://longbridge.com/en/news/289298186.md) - [Presidio Announces $350 Million Investment Grade ABS Refinancing | FTW Stock News](https://longbridge.com/en/news/289243911.md) - [Elastic N.V. FY 2026: Revenue $1.74B, EPS $3.43— 10-K Summary](https://longbridge.com/en/news/289105608.md)