Filing Flows › Presidio Property Trust (SQFT) › Q1 2025
Presidio Property Trust (SQFT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Presidio Property Trust (SQFT) reported revenue of $4.1M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -15% from the quarter before. Operating margin was 60.9%, net earnings $2.3M (54.9% of revenue).
Presidio Property Trust, Q1 2025: revenue $4.1M (-14% year over year), operating margin 60.9%, net earnings $2.3M, operating cash flow −$119K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1M | -15% | -14% |
| Operating profit | $2.5M | -22% | -22% |
| Net earnings | $2.3M | — | — |
| Operating cash flow | −$119K | -138% | — |
What changed
Revenue was $4.1M in Q1 2025, down 14% year over year and down 15% from the previous quarter.
Operating profit was $2.5M, a 60.9% margin (down 6.5 points year over year). Total costs grew 3% against a revenue fall of 14%. Net earnings were $2.3M. The effective tax rate was -1.1%.
Operating cash flow was −$119K. Non-cash charges added back $1.2M of depreciation and amortization and $230K of share-based compensation. Working capital and other items used $4.0M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Presidio Property Trust's revenue in the first quarter 2025?
Presidio Property Trust (SQFT) reported revenue of $4.1M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -15% from the quarter before.
Was Presidio Property Trust profitable in the first quarter 2025?
Operating profit was $2.5M (60.9% of revenue) and net earnings $2.3M.