Generation Income Properties (GIPR) investor relations material

Executive summary

• Revenue for Q2 2026 was $2.11M, down from $2.43M in Q2 2025, mainly due to property dispositions.

• Net loss attributable to shareholders for Q2 2026 was $1.08M, a 76% improvement from $4.42M in Q2 2025.

• Regained Nasdaq equity compliance in August 2026 after balance sheet improvements, capital raising, and a 1-for-10 reverse stock split.

• Reduced preferred equity obligations and completed profitable property sales, strengthening the balance sheet.

• Substantial doubt remains about the company's ability to continue as a going concern due to recurring losses and liquidity constraints.

Financial highlights

• Six-month revenue ended June 30, 2026: $4.29M, down from $4.81M year-over-year.

• Six-month net loss attributable to shareholders: $3.21M, improved from $7.15M year-over-year.

• FFO for Q2 2026 was $(150K); Core AFFO was $9K, both improved from prior year.

• Cash and equivalents at June 30, 2026: $2.06M, down from $6.2M at year-end 2025.

• Interest expense, net, fell by over $1.0M for the quarter due to debt and preferred obligation reductions.

Outlook and guidance

• Priorities include maintaining Nasdaq equity compliance, resolving bid-price/market-value requirements, and retiring remaining Loci obligation.

• Management plans to address liquidity via equity offerings, refinancing, and selective asset sales.

• Evaluating capital alternatives, including UPREIT opportunities, to further strengthen the balance sheet.

• Focus on returning to growth and eventual dividend reinstatement.

• Financial statements continue to include a going-concern disclosure due to recurring losses and near-term liquidity needs.