earnings
confidence high
sentiment negative
materiality 0.75
Sila Realty reports Q4 net loss of $34.8M, impairment of $40M; FFO down 4%
Sila Realty Trust, Inc.
- Q4 net loss attributable to common stockholders of $34.8M vs $12.1M income in Q4 2021 (-388%).
- Q4 FFO $28.0M (-4% YoY); Core FFO $30.7M (+4%); AFFO $31.0M (+12%).
- Full-year 2022 net loss $8.0M vs $402.7M income in 2021 (includes prior year data center sale).
- Q4 impairment losses of $40.0M on healthcare properties; same-store cash NOI up 2%.
- Net debt to EBITDAre ratio 4.2x; net debt leverage ratio 23.7%; liquidity $504.9M.