KBS Real Estate Investment Trust III, Inc. engages in the ownership of a diverse portfolio of real estate investments. The company is headquartered in Newport Beach, California. The company went IPO on 2014-05-23. The firm acquires and manages a diverse portfolio of core real estate properties. The firm conducts its business through KBS Limited Partnership III (the Operating Partnership). The firm's primary investment focus is its core office properties located throughout the United States, through which the Company invests in other types of properties and real estate-related investments. The firm owns approximately 13 office properties, one mixed-use office/retail property and an investment in the equity securities of a Singapore real estate investment trust. The business of the Company is externally managed by KBS Capital Advisors LLC (the advisor).
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
260
277
300
308
296
306
Revenue Growth (YoY)
-8%
-8%
-3%
4%
-3%
-21%
Cost of Revenue
137
142
149
146
146
149
Gross Profit
123
135
151
161
150
157
Selling, General & Admin
10
18
7
8
6
6
Research & Development
--
--
--
--
--
--
Operating Expenses
112
129
122
119
117
117
Other Non Operating Income (Expenses)
--
--
--
--
0
0
Pretax Income
-41
-10
-157
-62
143
-12
Income Tax Expense
--
--
--
--
--
--
Net Income
-41
-10
-157
-62
143
-18
Net Income Growth
-23%
-94%
153%
-143%
-894%
-107%
Shares Outstanding (Diluted)
148.51
148.51
148.73
149.16
172.33
182.8
Shares Change (YoY)
0%
0%
0%
-13%
-6%
5%
EPS (Diluted)
-0.27
-0.07
-1.05
-0.41
0.83
-0.1
EPS Growth
-23%
-93%
153%
-150%
-924%
-107%
Free Cash Flow
4
7
41
75
100
98
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
47.3%
48.73%
50.33%
52.27%
50.67%
51.3%
Operating Margin
4.23%
1.8%
9.33%
13.31%
11.14%
12.74%
Profit Margin
-15.76%
-3.61%
-52.33%
-20.12%
48.31%
-5.88%
Free Cash Flow Margin
1.53%
2.52%
13.66%
24.35%
33.78%
32.02%
EBITDA
113
116
143
152
143
149
EBITDA Margin
43.46%
41.87%
47.66%
49.35%
48.31%
48.69%
D&A For EBITDA
102
111
115
111
110
110
EBIT
11
5
28
41
33
39
EBIT Margin
4.23%
1.8%
9.33%
13.31%
11.14%
12.74%
Effective Tax Rate
--
--
--
--
--
--
Follow-Up Questions
What are KBS Real Estate Investment Trust III Inc's key financial statements?
According to the latest financial statement (Form-10K), KBS Real Estate Investment Trust III Inc has a total asset of $1,823, Net loss of $-10
What are the key financial ratios for KBSR?
KBS Real Estate Investment Trust III Inc's Current ratio is 1.16, has a Net margin is -3.61, sales per share of $1.86.
How is KBS Real Estate Investment Trust III Inc's revenue broken down by segment or geography?
KBS Real Estate Investment Trust III Inc largest revenue segment is Rental, at a revenue of 270,158,000 in the most earnings release.For geography, United States is the primary market for KBS Real Estate Investment Trust III Inc, at a revenue of 300,677,000.
Is KBS Real Estate Investment Trust III Inc profitable?
no, according to the latest financial statements, KBS Real Estate Investment Trust III Inc has a net loss of $-10
Does KBS Real Estate Investment Trust III Inc have any liabilities?
yes, KBS Real Estate Investment Trust III Inc has liability of 1,566
How many outstanding shares for KBS Real Estate Investment Trust III Inc?
KBS Real Estate Investment Trust III Inc has a total outstanding shares of 148.51