Generation Income Properties sells two properties, reports pro forma impact on earnings and balance sheet

GENERATION INCOME PROPERTIES, INC.

Sold Starbucks retail in Tampa, FL and Auburn University industrial in Huntsville, AL on May 29, 2025.
Pro forma net loss attributable to common shareholders improves to $8.14M for FY2024 (from $8.44M) but rises to $2.83M for Q1 2025 (from $2.73M).
Mortgage debt reduced by ~$8.8M; cash drops to $284k; total assets fall to $106.4M.
Pro forma equity decreases from $3.5M to $2.1M as of March 31, 2025.

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