earnings
confidence high
sentiment positive
materiality 0.65
Global Self Storage Q1 net income doubles to $555k; same-store NOI +6.3%
Global Self Storage, Inc.
2025-Q1 EPS reported
$0.05
revenue$3,126,304
- Total revenue $3.1M (+3.0% YoY); net income $555k ($0.05/diluted share) vs $266k a year ago.
- Same-store NOI rose 6.3% to $1.9M; same-store occupancy increased 80 bps to 92.1%.
- FFO grew 15% to $975k ($0.09/diluted); AFFO up 16.8% to $1.1M ($0.10/diluted).
- Quarterly dividend maintained at $0.0725/share ($0.29 annualized); $24.9M in capital resources.
- Same-store average tenant duration reached a record 3.5 years (vs 3.3 prior year).