WELLINGS REAL ESTATE INCOME FUND Financial Statements (2025 and earlier)
Company Profile
| Business Address |
14805 FOREST ROAD FOREST, VA 24551 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 16,667 | 19,013 | 12,893 | 9,315 | 8,121 | 3,200 | |||
| Short-term investments | 16,667 | 19,013 | 12,893 | 9,315 | 8,121 | 3,200 | |||
| Prepaid expense | 3,100 | ||||||||
| Deferred costs | 146 | 146 | 146 | ||||||
| Total current assets: | 16,813 | 19,159 | 13,040 | 9,315 | 8,121 | 6,300 | |||
| Noncurrent Assets | |||||||||
| Other noncurrent assets | 7 | 15 | 20 | 16 | |||||
| Total noncurrent assets: | 7 | 15 | 20 | 16 | |||||
| Other undisclosed assets | 63,996 | 54,100 | 52,191 | 50,958 | 43,224 | 38,332 | |||
| TOTAL ASSETS: | 80,816 | 73,274 | 65,251 | 60,274 | 51,345 | 44,647 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,669 | 1,666 | 1,259 | 1,256 | 1,298 | 1,111 | |||
| Total liabilities: | 1,669 | 1,666 | 1,259 | 1,256 | 1,298 | 1,111 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 74,459 | 71,608 | 63,992 | 59,017 | 50,047 | 43,536 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (50) | (50) | (50) | (50) | (50) | (50) | |||
| Additional paid in capital | 67,541 | 66,350 | 59,692 | 55,306 | 49,172 | (43,263) | |||
| Retained earnings (accumulated deficit) | 6,919 | 5,257 | 4,300 | 3,711 | 875 | (273) | |||
| Other undisclosed equity, attributable to parent | 50 | 50 | 50 | 50 | 50 | 87,122 | |||
| Equity, attributable to noncontrolling interest | 4,688 | ||||||||
| Total equity: | 79,147 | 71,608 | 63,992 | 59,017 | 50,047 | 43,536 | |||
| TOTAL LIABILITIES AND EQUITY: | 80,816 | 73,274 | 65,251 | 60,274 | 51,345 | 44,647 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 795 | 686 | 560 | 1,212 | 391 | 349 | ||
| Net investment income | 795 | 686 | 560 | 391 | 349 | |||
| Gross profit: | 795 | 686 | 560 | 1,212 | 391 | 349 | ||
| Operating expenses | 585 | |||||||
| Other operating income, net (Other Expenses) | 22 | |||||||
| Other undisclosed operating income | 397 | |||||||
| Operating income: | 795 | 686 | 560 | 2,216 | 391 | 349 | ||
| Nonoperating income | 397 | |||||||
| Income from continuing operations: | 795 | 686 | 560 | 2,613 | 391 | 349 | ||
| Other undisclosed net income | 955 | |||||||
| Net income: | 1,750 | 686 | 560 | 2,613 | 391 | 349 | ||
| Net loss attributable to noncontrolling interest | (89) | |||||||
| Other undisclosed net income (loss) attributable to parent | 271 | 30 | 2,777 | 211 | 163 | |||
| Net income available to common stockholders, diluted: | 1,661 | 957 | 589 | 5,390 | 603 | 511 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,750 | 686 | 560 | 2,613 | 391 | 349 | ||
| Comprehensive income: | 1,750 | 686 | 560 | 2,613 | 391 | 349 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (89) | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive income, net of tax, attributable to parent: | 1,661 | 686 | 560 | 2,613 | 391 | 349 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.