Filing Flows › Presidio Property Trust (SQFT) › Q4 2024
Presidio Property Trust (SQFT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Presidio Property Trust (SQFT) reported revenue of $4.8M for the fourth quarter 2024 (Q4 2024), +8% from a year earlier and +2% from the quarter before. Operating margin was 66.8%, net loss $2.3M (47.3% of revenue).
Presidio Property Trust, Q4 2024: revenue $4.8M (+8% year over year), operating margin 66.8%, net loss $2.3M, operating cash flow $313K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | +2% | +8% |
| Operating profit | $3.2M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | $313K | -62% | -83% |
What changed
Revenue was $4.8M in Q4 2024, up 8% year over year and up 2% from the previous quarter.
Operating profit was $3.2M, a 66.8% margin (up 270.5 points year over year). Total costs fell 88% while revenue rose 8%. The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $5.7M loss. Net interest and other expense of $5.6M was the main reason.
Operating cash flow was $313K (down 83% year over year). Non-cash charges added back $1.4M of depreciation and amortization and $147K of share-based compensation. Working capital and other items added $1.1M.
Questions
What was Presidio Property Trust's revenue in the fourth quarter 2024?
Presidio Property Trust (SQFT) reported revenue of $4.8M for the fourth quarter 2024 (Q4 2024), +8% from a year earlier and +2% from the quarter before.
Was Presidio Property Trust profitable in the fourth quarter 2024?
Operating profit was $3.2M (66.8% of revenue) and net loss $2.3M.