/
AND CORPORATE STRUCTURE Presidio Property Trust, Inc. ( we , our , us or the Company ) is an internally-managed real estate investment trust ( REIT ). We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation.
Margins and capital returns are both well above average: 63.38% operating margin, ROIC at 46.89%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue declined 11.2% YoY. Margins deteriorated 3.6pp alongside, both lines moving the wrong way.
Operating margin contracted 3.6pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$16M
▼ -11.2% YoY
Net Income (TTM)
-$10M
▲ +67.7% YoY
Op. Margin
63.01%
▼ -3.6pp YoY
ROIC
51.40%
▲ +14.4pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$420K
▲ +157.4% YoY
Net Debt
-$5M
Net Cash Position
Cash & Equiv.
$5M
5Y CAGR: -7.1%
Continue Research