Industrial Log Prop | 10-Q: FY2025 Q2 Revenue: USD 112.1 M

Revenue: As of FY2025 Q2, the actual value is USD 112.1 M.

EPS: As of FY2025 Q2, the actual value is USD -0.32.

Segment Revenue

• Rental Income: For the three months ended June 30, 2025, rental income was $112,097, an increase from $110,621 in the same period in 2024, representing a 1.3% increase. For the six months ended June 30, 2025, rental income was $224,002, up from $222,856 in the same period in 2024, a 0.5% increase.

Operational Metrics

• Net Loss: For the three months ended June 30, 2025, the net loss was $30,394, compared to $33,479 in the same period in 2024, a decrease of 9.2%. For the six months ended June 30, 2025, the net loss was $61,563, compared to $67,381 in the same period in 2024, a decrease of 8.6%.
• Operating Expenses: Total operating expenses for the three months ended June 30, 2025, were $75,645, compared to $75,716 in the same period in 2024. For the six months ended June 30, 2025, total operating expenses were $149,804, compared to $153,165 in the same period in 2024.
• Depreciation and Amortization: For the three months ended June 30, 2025, depreciation and amortization were $41,443, compared to $43,421 in the same period in 2024. For the six months ended June 30, 2025, depreciation and amortization were $82,961, compared to $86,998 in the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: For the six months ended June 30, 2025, net cash provided by operating activities was $29,780, compared to $18,839 in the same period in 2024.
• Net Cash Used in Financing Activities: For the six months ended June 30, 2025, net cash used in financing activities was $107,428, compared to $10,641 in the same period in 2024.

Unique Metrics

• Interest Expense: For the three months ended June 30, 2025, interest expense was $67,914, compared to $73,631 in the same period in 2024. For the six months ended June 30, 2025, interest expense was $137,727, compared to $146,861 in the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to maintain high occupancy rates and renew or extend leases as they approach expiration. It aims to leverage the strategic importance of its properties to tenants to ensure lease renewals and extensions.
• Non-Core Business: The company is exploring refinancing alternatives, property sales, or sales of equity interests in joint ventures as its debt approaches maturity or to reduce leverage.