OVERVIEW AND CORPORATE STRUCTURE Presidio Property Trust, Inc. (“we”, “our”, “us” or the “Company”) is an internally-managed real estate investment trust (“REIT”). We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation. In October 2017, we changed our name from “NetREIT, Inc.” to “Presidio Property Trust, Inc.” We are a publicly traded company on Nasdaq, and registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Through the Company, its subsidiaries and its partnerships, we own 12 commercial properties in fee interest and have partial interests in two commercial properties through our interests in various affiliates in which we serve as general partner, member and/or manager. Each of the limited partnerships is referred to as a “DownREIT.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 18M | 19M | 18M | 18M | 19M | 24M |
| Net Income | -6.8M | -28M | 8.0M | -6.7M | -4.8M | -7.7M |
| EPS | $-4.52 | $-1.97 | $0.57 | $-0.47 | $-0.46 | $-0.85 |
| Free Cash Flow | 0 | -728K | 1.4M | 929K | 2.4M | 3.7M |
| ROIC | -6.4% | -61.8% | 39.8% | 4.4% | -8.6% | -18.1% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.00 | 4.06 | 2.25 | 2.47 | 1.72 | 0.22 |
| Dividends/Share | $0.00 | - | $0.08 | $0.22 | $0.43 | $0.11 |
| Operating Income | -1.1M | -21M | 17M | 1.2M | -2.3M | -8.0M |
| Operating Margin | -6.0% | -109.7% | 96.2% | 6.7% | -11.9% | -33.0% |
| ROE | -32.1% | -71.9% | 15.8% | -15.4% | -8.6% | -22.0% |
| Shares Outstanding | 1M | 14M | 14M | 14M | 10M | 9M |
Presidio Property Trust, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
Total shareholder yield (buybacks) is 1.2%. At current prices, the estimated annualized return to fair value is -29.7%.
Presidio Property Trust, Inc. (SQFTP) has a 5-year average return on invested capital (ROIC) of -8.9%. This is below average and may indicate limited pricing power.
Presidio Property Trust, Inc. (SQFTP) has a market capitalization of $12M. It is classified as a small-cap stock.
Presidio Property Trust, Inc. (SQFTP) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 1.19%.
Presidio Property Trust, Inc. (SQFTP) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
Presidio Property Trust, Inc. (SQFTP) reported annual revenue of $19 million in its most recent fiscal year, based on SEC EDGAR filings.
Presidio Property Trust, Inc. (SQFTP) has a net profit margin of -147.2%. The company is currently unprofitable.
Presidio Property Trust, Inc. (SQFTP) generated $-728 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Presidio Property Trust, Inc. (SQFTP) has a debt-to-equity ratio of 4.06. This indicates higher leverage, which may increase financial risk.
Presidio Property Trust, Inc. (SQFTP) reported earnings per share (EPS) of $-1.97 in its most recent fiscal year.
Presidio Property Trust, Inc. (SQFTP) has a return on equity (ROE) of -71.9%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 14 years of financial data for Presidio Property Trust, Inc. (SQFTP), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Presidio Property Trust, Inc. (SQFTP) has a book value per share of $1.87, based on its most recent annual SEC filing.