Presidio Property Trust Reports Net Loss of $204,752 for Q2 2023
Revenues Total $4.54 Million for the Quarter; Company Announces Core FFO of $(209,748)
Presidio Property Trust, Inc.(SQFTW) and its subsidiaries have released their Condensed Consolidated Financial Statements for the second quarter of 2023. The financial data highlights a net loss of $204,752 for the quarter, along with total revenues amounting to $4.54 million. The company's financial performance is analyzed, including key components such as net income/loss, revenue, EBITDAre, FFO, and Core FFO.
Net Loss of $204,752 in Q2 2023
Presidio Property Trust, Inc. and its subsidiaries reported a net loss of $204,752 for the second quarter of 2023. This loss contrasts with the net income of $418,046 achieved in the same period of the previous year. The net loss is attributed to various factors affecting the company's financial performance, including changes in expenses and income.
Revenue Reaches $4.54 Million for the Quarter