Global Self Storage Inc. reported third quarter 2025 results with total revenues increasing 0.8% to $3.2 million compared to the same period last year. Net income decreased to $496,000 or $0.04 per diluted share from $1.2 million or $0.10 per diluted share. Same-store revenues rose 0.8% to $3.2 million, while same-store cost of operations increased 7.4% to $1.2 million. Same-store net operating income decreased 3.0% to $2.0 million. Funds from operations (FFO) increased 7.5% to $3.1 million or $0.27 per diluted share, and adjusted funds from operations (AFFO) increased 8.4% to $3.3 million or $0.30 per diluted share. The company maintained its quarterly dividend at $0.0725 per share. Same-store occupancy increased by 1.7 percentage points to 93.2% at quarter end. The company continued to focus on targeted marketing and customer experience improvements, contributing to higher occupancy and longer average tenant duration of stay.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Self Storage Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-272352), on November 07, 2025, and is solely responsible for the information contained therein.
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