| Name | Value |
|---|---|
| Revenues | 27.6M |
| Cost of Revenue | 8.9M |
| Gross Profit | 18.7M |
| Operating Expense | 14.0M |
| Operating I/L | 4.6M |
| Other Income/Expense | 35.1M |
| Interest Income | 0.2M |
| Pretax | 39.8M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 37.5M |
Wheeler Real Estate Investment Trust, Inc. is a commercial real estate investment company specializing in owning and operating income-producing retail properties, with a primary focus on grocery-anchored centers. The company generates revenue through leasing retail spaces to tenants, particularly grocery stores, and collecting rental income. By maintaining a portfolio of retail properties, Wheeler Real Estate Investment Trust, Inc. benefits from the steady cash flow generated by long-term leases and the potential for property appreciation. Their business model revolves around acquiring, managing, and optimizing retail properties to generate sustainable income and long-term value.