Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Keeps a healthy share of every dollar it sells.
- Revenue
- $96.0M
- Net income
- $16.9M
- Net margin
- 17.7%
Heavily indebted for what it earns.
- Total debt
- $466.2M
- Cash
- $31.9M
- Net debt / EBITDA
- 5.80x
Comfortably covers what is due within a year.
- Current assets
- $76.1M
- Current liabilities
- $1.0M
- Current ratio
- 75.71
The business funds itself from operations.
- Operating cash flow
- $20.3M
- Free cash flow
- $7.0M
- FCF margin
- 7.3%
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 0.0M
- Share growth (1y)
- 5769.7%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
WHLR Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 22.68 M | 24.32 M | 25.17 M | 23.82 M | 26.10 M | 24.35 M |
| Revenue Growth (YoY) | -13.10 % | -0.14 % | -8.78 % | -3.92 % | -0.82 % | -5.87 % |
| Cost of Revenue | 17.03 M | 18.87 M | 8.55 M | 7.82 M | 7.74 M | 8.94 M |
| Gross Profit | 5.65 M | 5.45 M | 16.62 M | 16.00 M | 18.36 M | 15.42 M |
| SG&A Expense | 3.32 M | 2.74 M | 3.76 M | 2.40 M | 2.82 M | 2.73 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | -9.13 M | 1.19 M | 9.08 M | 8.02 M | 3.41 M | 3.27 M |
| Operating Income | 14.78 M | 4.26 M | 7.54 M | 7.99 M | 14.95 M | 12.14 M |
| Pretax Income | 9.75 M | -1.17 M | 482.00 K | 12.98 M | -1.00 M | 5.43 M |
| Tax Provision | -2.00 K | 0.00 | 0.00 | 0.00 | 0.00 | 26.00 K |
| Net Income | 8.64 M | -2.40 M | -819.00 K | 11.53 M | -2.45 M | 3.54 M |
| EPS (Basic) | 3689.78 | -2619.00 | -12979.80 | 59526.00 | -153136.80 | -2541780.00 |
| EPS (Diluted) | 51.84 | -2619.00 | -12979.80 | 4455.00 | -153136.80 | -2541780.00 |
| Shares Outstanding | 1.94 K | 2.01 K | 600.00 | 150.00 | 33.00 | 3.00 |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.