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Financial statements

Strategic Storage Trust VI, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Strategic Storage Trust VI, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2022FY2023FY2024FY2025
Revenue1.278.7921.228.230.7
General and administrative0.762.295.295.836.19
Operating income-2.64-7.27-14.5-10.3-5.81
Interest expense0.614.8716.11816.8
Other non-operating income-000.550.40.12
Pre-tax income-3.61-14.4-32.9-35.6-24
Income tax000
Net income to minority interests-0.63-0.64-0.97-0.83-0.49
Net income-2.99-13.7-40.8-47.3-36.6
EBITDA-1.71-0.680.455.487.04

Balance sheet

FY2022FY2022FY2023FY2024FY2025
Cash and equivalents3.937.159.0110.88.8
Intangible assets1.013.083.13
Total assets90.9280561529534
Total liabilities50164309306312
Paid-in capital40.7135175208222
Retained earnings-2.99-16.7-64.1-111-148
Other comprehensive income-0.060.45-4.43-4.76
Shareholders' equity36.811092.459.821.8
Total equity40.511397.164.526.3
Total liabilities and equity90.9280561529534

Cash flow statement

FY2022FY2022FY2023FY2024FY2025
Net income-3.61-14.4-32.9-35.6-24
Depreciation and amortization0.926.591515.812.9
Change in payables0.261.715.14-0.60.54
Cash from operations-2.96-4.62-12.6-5.51-19.8
Capital expenditures-0.29-1.45-8.08-10.4-12.7
Cash from investing-66.7-191-269-12.5-21.1
Debt repaid-14.4-30.6-50-4.76-164
Stock issued47.410437.937.415.4
Share buybacks-0.42-1.86-4.13
Dividends paid-0.45-3.67-6.16-7.63-8.6
Cash from financing74.219929911.233
Net change in cash4.583.2117.9-8.14-7.65
Free cash flow-3.25-6.07-20.7-15.9-32.5
Interest paid0.353.3518.817.217.8
Income taxes paid000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. No valuation: we have no share price for this company.

Profitability

MetricValueHow it is calculated
Operating margin-20.2%Operating income / revenue.
EBITDA margin21.4%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-143.5%Net income / revenue.
FCF margin-87.4%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-50.0%Cash from operations / revenue.
Return on assets (ROA)-8.8%Net income / average total assets.
Capex / revenue37.3%Capital expenditures / revenue.
D&A / revenue41.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y8.8%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y51.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y28.5%EBITDA vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-63.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-41.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y1.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y24.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets62.5%Total liabilities / total assets.
Interest coverage-0.37xOperating income / interest expense.
Tangible book value-$11.1MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.06xRevenue / average total assets.
What was Strategic Storage Trust VI, Inc.'s revenue in fiscal 2025?

Strategic Storage Trust VI, Inc. reported revenue of $30.7M for fiscal 2025, 8.8% higher than the year before.

Was Strategic Storage Trust VI, Inc. profitable in fiscal 2025?

No. It reported a net loss of $36.6M.

How much free cash flow did Strategic Storage Trust VI, Inc. generate in fiscal 2025?

Cash from operations of $19.8M minus capital expenditures of $12.7M left free cash flow of -$32.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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