Strawberry Fields REIT 2022 FFO rises to $45M, net income doubles to $16.4M

Strawberry Fields REIT, Inc.

FFO of $45.0M vs $32.1M YoY; AFFO $51.1M vs $43.9M.
Net income $16.4M ($8.4M in 2021); rental income $82.2M (+6.3% YoY).
Acquired a Kentucky skilled nursing facility (120 beds) for $6.0M on Jan 3, 2023.
Declared $0.11/share dividend, payable March 31 to holders of record March 20.
Common stock began trading on NYSE American on Feb 22, 2023 (symbol STRW).

item 8.01 item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Strawberry Fields REIT, Inc. reported the year ended December 31, 2022 results: net income $16.4 million.

Period: the year ended December 31, 2022
Net income: $16.4 million
Result: reported results

Exact text from the filing

Net income was $16.4 million and $8.4 million, respectively.

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Strawberry Fields REIT, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-007289

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