Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (ILPT) reported a net loss of $102.6 million for fiscal year 2025, with a net loss attributable to common shareholders of $66.2 million. The company generated $448.8 million in rental income, but faced significant expenses including $264.6 million in interest expense and $165.2 million in depreciation and amortization. Operating cash flow was positive at $60.7 million, while investing activities provided $4.0 million and financing activities used $124.1 million. The balance sheet shows total assets of $5.19 billion, with real estate properties net of $4.53 billion, offset by substantial debt of $4.19 billion in mortgage notes payable. The company's equity position stands at $900.7 million, with common shareholders' equity at $489.7 million. The financial results reflect the impact of high leverage costs on profitability despite stable rental income generation.

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