NYSEAMERICAN : STRW
Strawberry Fields REIT, Inc. — Financial statements
Real Estate · REIT - Healthcare Facilities · United States
Last price 12.69 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 710.14M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 159.84M | 155.00M | 117.06M | 99.81M | 92.54M | 87.03M |
| Total Revenue | 159.84M | 155.00M | 117.06M | 99.81M | 92.54M | 87.03M |
| Property Expenses | 16.14M | 15.86M | 15.22M | 15.02M | 13.66M | 11.36M |
| Selling, General & Administrative | 10.32M | 8.61M | 6.85M | 5.66M | 6.01M | 6.30M |
| Depreciation & Amortization | 36.82M | 35.77M | 29.03M | 26.21M | 25.53M | 24.46M |
| Total Operating Expenses | 72.74M | 70.71M | 55.76M | 49.91M | 42.60M | 50.27M |
| Operating Income | 87.10M | 84.29M | 61.30M | 49.89M | 49.95M | 36.76M |
| Interest Expense | -52.56M | -52.49M | -35.85M | -27.67M | -23.42M | -23.52M |
| Interest & Investment Income | 1.72M | 1.54M | 1.04M | 1.27M | 801.00K | 463.00K |
| Currency Exchange Gain (Loss) | 462.00K | -10.93M | -8.78M | |||
| Other Non-Operating Income | -187.00K | -28.00K | 10.00K | -258.00K | 25.00K | -354.00K |
| EBT Excluding Unusual Items | 36.06M | 33.31M | 26.50M | 23.70M | 16.42M | 4.58M |
| Gain (Loss) on Sale of Assets | 3.84M | |||||
| Other Unusual Items | -1.00M | |||||
| Pretax Income | 36.06M | 33.31M | 26.50M | 20.24M | 16.42M | 8.42M |
| Earnings From Continuing Operations | 36.06M | 33.31M | 26.50M | 20.24M | 16.42M | 8.42M |
| Minority Interest in Earnings | -27.59M | -25.73M | -22.41M | -17.75M | -14.57M | -3.08M |
| Net Income | 8.47M | 7.58M | 4.09M | 2.50M | 1.85M | 5.34M |
| Preferred Dividends & Other Adjustments | 4.94M | |||||
| Net Income to Common | 8.47M | 7.58M | 4.09M | 2.50M | 1.85M | 393.00K |
| Basic Shares Outstanding | 13.23M | 12.70M | 7.12M | 6.37M | 6.01M | 5.85M |
| Diluted Shares Outstanding | 13.23M | 12.70M | 7.12M | 6.37M | 6.01M | 5.85M |
| EPS (Basic) | 0.64 | 0.60 | 0.57 | 0.39 | 0.31 | 0.07 |
| EPS (Diluted) | 0.64 | 0.60 | 0.57 | 0.39 | 0.31 | 0.07 |
| Dividend Per Share | 0.32 | 0.60 | 0.52 | 0.45 | 0.10 | |
| Operating Margin | 54.49% | 54.38% | 52.37% | 49.99% | 53.97% | 42.24% |
| Profit Margin | 5.30% | 4.89% | 3.50% | 2.50% | 2.00% | 0.45% |
| EBITDA | 133.38M | 130.53M | 94.99M | 79.12M | 78.50M | 64.25M |
| EBITDA Margin | 83.45% | 84.22% | 81.15% | 79.28% | 84.83% | 73.82% |
| D&A For Ebitda | 46.28M | 46.25M | 33.69M | 29.23M | 28.56M | 27.49M |
| EBIT | 87.10M | 84.29M | 61.30M | 49.89M | 49.95M | 36.76M |
| EBIT Margin | 54.49% | 54.38% | 52.37% | 49.99% | 53.97% | 42.24% |
| Funds From Operations (FFO) | 82.36M | 79.57M | 60.19M | 49.48M | 44.98M | 32.06M |
| Adjusted Funds From Operations (AFFO) | 73.71M | 72.47M | 55.83M | 52.67M | 51.08M | 43.94M |
| FFO Payout Ratio | 10.46% | 9.59% | 6.70% | 5.80% | 1.42% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 665.00M | 688.00M | 610.26M | 519.86M | 440.74M | 464.79M |
| Cash & Equivalents | 42.15M | 31.81M | 48.37M | 12.17M | 20.20M | 26.21M |
| Accounts Receivable | 38.89M | 34.80M | 27.70M | 23.33M | 23.53M | 23.26M |
| Goodwill | 1.32M | 1.32M | 1.32M | 1.32M | 1.32M | 1.32M |
| Other Intangible Assets | 62.83M | 67.03M | 26.62M | 7.28M | 10.31M | 13.34M |
| Loans Receivable Current | 24.17M | 20.82M | 16.59M | 17.71M | 19.42M | 9.83M |
| Restricted Cash | 35.46M | 34.95M | 45.28M | 25.59M | 25.51M | 25.92M |
| Deferred Long-Term Charges | 6.46M | 5.36M | 6.16M | 6.04M | 5.79M | 4.83M |
| Other Long-Term Assets | 2.17M | 1.13M | 5.28M | 3.50M | 176.00K | 465.00K |
| Total Assets | 878.46M | 885.23M | 787.59M | 616.79M | 547.00M | 569.96M |
| Current Portion of Long-Term Debt | 204.30M | 258.88M | ||||
| Current Portion of Leases | 206.00K | 397.00K | ||||
| Long-Term Debt | 598.34M | 531.62M | 670.53M | 536.49M | 455.42M | 501.80M |
| Long-Term Leases | 463.00K | 454.00K | 1.20M | 1.54M | 1.83M | 2.06M |
| Accounts Payable | 20.71M | 22.37M | 18.72M | 16.91M | 13.72M | 20.65M |
| Other Long-Term Liabilities | 21.81M | 20.98M | 13.56M | 14.59M | 10.89M | 10.40M |
| Total Liabilities | 845.82M | 834.70M | 704.02M | 569.52M | 481.86M | 534.91M |
| Common Stock | 1.00K | 1.00K | 1.00K | |||
| Additional Paid-In Capital | 20.84M | 18.55M | 16.54M | 5.75M | 5.79M | 4.33M |
| Retained Earnings | 1.24M | 1.23M | 1.29M | 1.23M | 1.61M | 393.00K |
| Comprehensive Income & Other | -13.82M | -7.68M | 340.00K | 529.00K | 386.00K | -2.46M |
| Total Common Equity | 8.26M | 12.11M | 18.17M | 7.51M | 7.79M | 2.27M |
| Minority Interest | 24.38M | 38.42M | 65.40M | 39.77M | 57.35M | 32.78M |
| Shareholders' Equity | 32.63M | 50.52M | 83.57M | 47.27M | 65.14M | 35.05M |
| Total Liabilities & Equity | 878.46M | 885.23M | 787.59M | 616.79M | 547.00M | 569.96M |
| Total Debt | 803.30M | 791.35M | 671.74M | 538.03M | 457.25M | 503.86M |
| Net Cash (Debt) | -761.15M | -759.54M | -623.37M | -525.86M | -437.05M | -477.66M |
| Net Cash Per Share | -57.52 | -59.82 | -87.50 | -82.61 | -72.73 | -81.70 |
| Filing Date Shares Outstanding | 14.16M | 13.38M | 12.22M | 6.47M | 6.37M | 5.85M |
| Total Common Shares Outstanding | 14.07M | 13.26M | 12.06M | 6.49M | 6.37M | 5.85M |
| Book Value Per Share | 0.59 | 0.91 | 1.51 | 1.16 | 1.22 | 0.39 |
| Tangible Book Value | -55.90M | -56.25M | -9.78M | -1.10M | -3.85M | -12.39M |
| Tangible Book Value Per Share | -3.97 | -4.24 | -0.81 | -0.17 | -0.60 | -2.12 |
| Land | 72.52M | 72.59M | 69.04M | 64.31M | 60.01M | 60.01M |
| Buildings | 769.22M | 773.55M | 683.58M | 576.04M | 495.21M | 494.01M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 8.47M | 7.58M | 4.09M | 2.50M | 1.85M | 5.34M |
| Depreciation & Amortization | 46.64M | 46.60M | 34.19M | 29.53M | 28.79M | 27.77M |
| Other Amortization | 3.23M | 3.35M | 1.29M | 1.12M | 1.66M | 1.38M |
| Gain (Loss) on Sale of Assets | 163.00K | 12.00K | -3.84M | |||
| Asset Writedown | 2.45M | |||||
| Stock-Based Compensation | 3.38M | 1.69M | 250.00K | |||
| Change in Accounts Receivable | -8.17M | -7.10M | -4.37M | 200.00K | -272.00K | -2.03M |
| Change in Accounts Payable | 283.00K | 9.46M | 785.00K | 6.88M | -6.43M | 5.06M |
| Change in Other Net Operating Assets | -414.00K | -98.00K | -1.77M | -3.33M | -911.00K | -150.00K |
| Other Operating Activities | 29.41M | 28.55M | 25.11M | 15.60M | 26.24M | 11.02M |
| Operating Cash Flow | 82.99M | 90.04M | 59.33M | 54.94M | 50.93M | 44.79M |
| Acquisition of Real Estate Assets | -69.54M | -110.04M | -113.90M | -108.06M | -513.00K | -64.07M |
| Sale of Real Estate Assets | 4.25M | 44.00K | ||||
| Net Sale / Acq. of Real Estate Assets | -65.29M | -110.04M | -113.90M | -108.06M | -513.00K | -64.02M |
| Other Investing Activities | -5.26M | -1.84M | 1.12M | 1.71M | -9.59M | 5.74M |
| Investing Cash Flow | -70.55M | -111.87M | -136.78M | -106.35M | -10.10M | -58.29M |
| Long-Term Debt Issued | 95.16M | 175.70M | 121.59M | 105.00M | 64.70M | |
| Long-Term Debt Repaid | -66.63M | -47.86M | -38.06M | -139.26M | -39.61M | |
| Net Debt Issued (Repaid) | -30.43M | 28.52M | 127.84M | 83.53M | -34.26M | 25.09M |
| Issuance of Common Stock | 1.81M | 2.32M | 36.25M | |||
| Repurchase of Common Stock | -652.00K | -2.47M | -46.00K | |||
| Common Dividends Paid | -8.61M | -7.63M | -4.04M | -2.87M | -637.00K | |
| Preferred Dividends Paid | -1.52M | |||||
| Total Dividends Paid | -8.61M | -7.63M | -4.04M | -2.87M | -637.00K | -1.52M |
| Other Financing Activities | -29.05M | -27.63M | -24.24M | -37.16M | -12.35M | |
| Net Cash Flow | -53.83M | -26.90M | 55.90M | -7.95M | -6.42M | 10.07M |
| Levered Free Cash Flow | 57.65M | 74.17M | 6.25M | 49.55M | 30.66M | 60.36M |
| Unlevered Free Cash Flow | 87.28M | 103.62M | 27.37M | 65.73M | 43.63M | 73.68M |
| Cash Interest Paid | 62.57M | 47.72M | 33.67M | 24.39M | 21.63M | 19.39M |
| Change in Working Capital | -8.30M | 2.26M | -5.36M | 3.75M | -7.62M | 2.88M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 710.70M | 171.87M | 113.98M | 49.60M | 52.52M | |
| Enterprise Value | 1.47B | 976.27M | 708.22M | 630.39M | 550.46M | |
| Last Close Price | 12.69 | 12.62 | 9.67 | 6.72 | 6.74 | |
| PE Ratio | 19.84 | 22.69 | 27.84 | 19.87 | 28.36 | |
| PS Ratio | 4.44 | 1.11 | 0.97 | 0.50 | 0.57 | |
| PB Ratio | 21.63 | 3.40 | 1.36 | 1.05 | 0.81 | |
| P/OCF Ratio | 8.56 | 1.91 | 1.92 | 0.90 | 1.03 | |
| EV/Sales Ratio | 9.20 | 6.30 | 6.05 | 6.32 | 5.95 | |
| EV/EBITDA Ratio | 11.03 | 7.48 | 7.46 | 7.97 | 7.01 | |
| EV/EBIT Ratio | 16.89 | 11.58 | 11.55 | 12.64 | 11.02 | |
| Debt / Equity Ratio | 24.62 | 15.66 | 8.04 | 11.38 | 7.02 | 14.38 |
| Debt / EBITDA Ratio | 6.00 | 6.03 | 7.02 | 6.75 | 5.79 | 7.75 |
| Net Debt / Equity Ratio | 23.32 | 15.03 | 7.46 | 11.12 | 6.71 | 13.63 |
| Net Debt / EBITDA Ratio | 5.71 | 5.82 | 6.56 | 6.65 | 5.57 | 7.43 |
| Asset Turnover | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.16 |
| Quick Ratio | 0.36 | 0.24 | 4.06 | 2.10 | 3.19 | 2.40 |
| Current Ratio | 0.62 | 0.43 | 7.37 | 4.66 | 6.46 | 4.13 |
| Return on Equity (ROE) | 72.67% | 49.68% | 40.51% | 36.02% | 32.78% | 34.74% |
| Return on Assets (ROA) | 6.13% | 6.30% | 5.46% | 5.36% | 5.59% | 4.20% |
| Earnings Yield | 5.04% | 4.41% | 3.59% | 5.03% | 3.53% | |
| Dividend Yield | 5.42% | 4.63% | 5.50% | 5.89% | 1.21% | |
| Payout Ratio | 106.21% | 100.78% | 98.53% | 115.06% | 34.39% | 28.41% |
| Buyback Yield / Dilution | -31.69% | -78.22% | -11.92% | -5.93% | -2.78% | -56,129.63% |
| Total Shareholder Return | -26.33% | -73.59% | -6.42% | -0.04% | -1.57% | -56,129.63% |