earnings
confidence high
sentiment positive
materiality 0.85
Global Self Storage reports record FY2021 revenue $10.5M, net income $3.3M; FFO +59%
Global Self Storage, Inc.
2022-Q1 EPS
reported $0.03
vs consensus $0.05
▼ miss
(-41.2%)
- Q4 revenue up 16% to $2.8M; net income $1.4M ($0.13/diluted share).
- Full-year FFO increased 58.7% to $3.3M ($0.33/share); AFFO up 59.7% to $3.6M ($0.36/share).
- Same-store NOI grew 15.5% for the full year to $5.3M; occupancy 94.1%.
- Quarterly dividend maintained at $0.065/share, unchanged YoY.
- Capital resources total ~$21.5M; credit facility extended to $15M, public offering raised $6.9M.