See more : Organicell Regenerative Medicine, Inc. (OCEL) Income Statement Analysis – Financial Results
Complete financial analysis of KBS Real Estate Investment Trust III, Inc. (KBSR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of KBS Real Estate Investment Trust III, Inc., a leading company in the REIT – Office industry within the Real Estate sector.
- Mikuni Corporation (7247.T) Income Statement Analysis – Financial Results
- Canada Goose Holdings Inc. (GOOS) Income Statement Analysis – Financial Results
- Pharmagreen Biotech Inc. (PHBI) Income Statement Analysis – Financial Results
- Roadzen, Inc. (RDZN) Income Statement Analysis – Financial Results
- Guru Online (Holdings) Limited (8121.HK) Income Statement Analysis – Financial Results
KBS Real Estate Investment Trust III, Inc. (KBSR)
Industry: REIT - Office
Sector: Real Estate
Website: https://kbs-cmg.com/offerings/kbs-real-estate-investment-trust-iii/
About KBS Real Estate Investment Trust III, Inc.
KBS Real Estate Investment Trust III, Inc. (the ?Company?) was formed on December 22, 2009 as a Maryland corporation that elected to be taxed as a real estate investment trust (?REIT?) beginning with the taxable year ended December 31, 2011 and it intends to continue to operate in such manner. Substantially all of the Company's business is conducted through KBS Limited Partnership III (the ?Operating Partnership?), a Delaware limited partnership. The Company is the sole general partner of and owns a 0.1% partnership interest in the Operating Partnership. KBS REIT Holdings III LLC (?REIT Holdings III?), the limited partner of the Operating Partnership, owns the remaining 99.9% interest in the Operating Partnership and is its sole limited partner. The Company is the sole member and manager of REIT Holdings III. The Company owns a diverse portfolio of real estate investments. As of September 30, 2020, the Company owned 18 office properties, one mixed-use office/retail property and an investment in the equity securities of Prime US REIT, a Singapore real estate investment trust (the ?SREIT?), which is accounted for as an investment in an unconsolidated entity under the equity method of accounting. In addition, as of September 30, 2020, the Company had originated one real estate loan receivable secured by a deed of trust.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 300.68M | 275.03M | 280.14M | 288.19M | 355.44M | 401.65M | 391.04M | 379.26M | 301.34M | 188.90M | 80.42M | 27.28M | 2.51M |
| Cost of Revenue | 264.78M | 51.81M | 57.69M | 57.23M | 62.99M | 69.41M | 65.33M | 62.87M | 62.31M | 101.68M | 50.10M | 13.85M | 0.00 |
| Gross Profit | 35.90M | 223.22M | 222.46M | 230.96M | 292.45M | 332.25M | 325.71M | 316.39M | 239.03M | 87.22M | 30.32M | 13.43M | 2.51M |
| Gross Profit Ratio | 11.94% | 81.16% | 79.41% | 80.14% | 82.28% | 82.72% | 83.29% | 83.42% | 79.32% | 46.17% | 37.70% | 49.22% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 28.14M | 28.22M | 25.95M | 27.59M | 33.03M | 36.75M | 30.63M | 30.34M | 24.96M | 3.40M | 2.23M | 1.97M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 28.14M | 28.22M | 25.95M | 27.59M | 33.03M | 36.75M | 30.63M | 30.34M | 24.96M | 3.40M | 2.23M | 1.97M | 0.00 |
| Other Expenses | 0.00 | 168.50M | 163.17M | 163.55M | 203.54M | 236.00M | 238.75M | 233.79M | 197.88M | 0.00 | 0.00 | 0.00 | -4.95M |
| Operating Expenses | 7.30M | 196.72M | 189.12M | 191.14M | 236.57M | 272.75M | 269.38M | 264.13M | 222.84M | 3.40M | 2.23M | 1.97M | -4.95M |
| Cost & Expenses | 270.16M | 248.53M | 246.81M | 248.38M | 299.56M | 342.16M | 334.71M | 327.00M | 285.15M | 105.08M | 52.34M | 15.83M | -4.95M |
| Interest Income | 505.00K | 63.00K | 52.00K | 72.00K | 655.00K | 312.00K | 170.00K | 61.00K | 172.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 120.48M | 60.26M | 29.30M | 81.14M | 114.27M | 72.21M | 55.01M | 51.55M | 45.37M | 27.00M | 9.75M | 3.57M | 0.00 |
| Depreciation & Amortization | 115.24M | 110.58M | 108.23M | 108.00M | 137.59M | 153.50M | 157.58M | 152.44M | 129.95M | 79.56M | 35.38M | 13.87M | 0.00 |
| EBITDA | 75.32M | 109.66M | 153.07M | 140.48M | 516.56M | 229.54M | 213.96M | 204.76M | 146.30M | 58.86M | 36.86M | 13.98M | -2.44M |
| EBITDA Ratio | 25.05% | 50.33% | 54.64% | 52.13% | 56.35% | 57.02% | 54.72% | 53.99% | 48.55% | 44.96% | 45.83% | 51.25% | -97.13% |
| Operating Income | -2.86M | 27.84M | 44.84M | 42.23M | 62.69M | 59.50M | 56.33M | 52.26M | 16.18M | 5.37M | 1.48M | 117.00K | -2.44M |
| Operating Income Ratio | -0.95% | 10.12% | 16.01% | 14.65% | 17.64% | 14.81% | 14.41% | 13.78% | 5.37% | 2.84% | 1.84% | 0.43% | -97.13% |
| Total Other Income/Expenses | -154.68M | -101.08M | 101.62M | -31.08M | 206.75M | -56.19M | -54.96M | -53.27M | -43.39M | -17.73M | -23.11M | -7.80M | -9.90M |
| Income Before Tax | -157.53M | -62.46M | 143.66M | -12.35M | 261.18M | 3.31M | 1.37M | 763.00K | -29.02M | -12.35M | -21.64M | -7.68M | -2.44M |
| Income Before Tax Ratio | -52.39% | -22.71% | 51.28% | -4.29% | 73.48% | 0.82% | 0.35% | 0.20% | -9.63% | -6.54% | -26.90% | -28.16% | -97.13% |
| Income Tax Expense | 31.36M | 20.34M | 40.75M | 89.63M | 120.41M | 16.02M | 52.00K | 61.00K | 172.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -157.53M | -82.80M | 102.90M | -101.98M | 140.78M | 3.33M | 1.37M | 763.00K | -29.02M | -12.35M | -21.64M | -7.68M | -2.44M |
| Net Income Ratio | -52.39% | -30.11% | 36.73% | -35.39% | 39.61% | 0.83% | 0.35% | 0.20% | -9.63% | -6.54% | -26.90% | -28.16% | -97.13% |
| EPS | -1.06 | -0.56 | 0.60 | -0.56 | 0.81 | 0.02 | 0.01 | 0.00 | -0.16 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | -1.06 | -0.56 | 0.60 | -0.56 | 0.81 | 0.02 | 0.01 | 0.00 | -0.16 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 148.74M | 149.16M | 172.33M | 182.81M | 174.87M | 184.07M | 184.07M | 184.07M | 184.07M | 91.37B | 43.55B | 19.25B | 3.72B |
| Weighted Avg Shares Out (Dil) | 148.74M | 149.16M | 172.33M | 182.81M | 174.87M | 184.25M | 184.25M | 184.25M | 184.25M | 91.37B | 43.55B | 19.25B | 3.72B |
Source: https://incomestatements.info
Category: Stock Reports