Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.
Revenue of Seritage Growth Properties (SRG)
Revenue in 2023 (TTM): $20.58 M
According to Seritage Growth Properties's latest financial reports the company's current revenue (TTM) is $20.58 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Seritage Growth Properties
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $20.58 M | $-6,831,000 | $-52,619,000 | $-154,873,000 | $-154,911,000 |
| 2022 | $107.06 M | $41.34 M | $-6,299,000 | $-119,631,000 | $-120,097,000 |
| 2021 | $116.68 M | $36.42 M | $-5,470,000 | $-38,789,000 | $-38,985,000 |
| 2020 | $116.5 M | $38.56 M | $34.6 M | $-152,712,000 | $-152,964,000 |
| 2019 | $168.63 M | $87.92 M | $108.69 M | $-90,407,000 | $-90,603,000 |
| 2018 | $214.75 M | $143.6 M | $106 M | $-114,557,000 | $-73,472,000 |
| 2017 | $241.02 M | $175.66 M | $211.74 M | $-120,542,000 | $-73,754,000 |
| 2016 | $248.67 M | $183.48 M | $170.66 M | $-90,504,000 | $-51,558,000 |
| 2015 | $113.18 M | $18.98 M | $44.08 M | $-37,859,000 | $-22,338,000 |
| 2014 | $273.1 M | $177.05 M | $173.2 M | $-7,948,000 | $-4,372,000 |