Medical Properties Trust(US:MPW)2025-10-30 12:36Financial Performance - For Q3 2025, Medical Properties Trust reported a net loss of $78 million ($0.13 per share), compared to a net loss of $801 million ($1.34 per share) in the same period last year[11]. - Normalized Funds from Operations (NFFO) for Q3 2025 were $77 million ($0.13 per share), down from $94 million ($0.16 per share) year-over-year[11]. - Total revenues for the three months ended September 30, 2025, were $237,522,000, an increase of 5.3% compared to $225,827,000 for the same period in 2024[24]. - Net loss attributable to MPT common stockholders for the three months ended September 30, 2025, was $(77,730,000), a slight improvement from $(801,163,000) in the prior year[26]. - Funds from operations (FFO) for the three months ended September 30, 2025, were $92,048,000, compared to a loss of $(494,513,000) in the same quarter of 2024[26]. - Normalized funds from operations for the three months ended September 30, 2025, were $77,213,000, down from $93,867,000 in the prior year[26]. - The net loss for the nine months ended September 30, 2025, was $(293,534,000), compared to $(1,995,965,000) for the same period in 2024[24]. - The company reported a total other expense of $(57,985,000) for the three months ended September 30, 2025, significantly lower than $(664,987,000) in the same quarter of 2024[24]. Cash Flow and Collections - Cash collections increased to $16 million in Q3 2025, up from $11 million in Q2 2025, with expected cash collections for Q4 2025 approximating $22 million[3]. - Cash rents from new tenants are fully current through October, with 96% of scheduled rents collected[3]. - The company expects stabilized annual cash rent of approximately $45 million from a lease with NOR Healthcare Systems Corp., pending regulatory approvals[3]. Assets and Portfolio - Medical Properties Trust has total assets of approximately $14.9 billion, including $9.0 billion in general acute facilities and $2.5 billion in behavioral health facilities[5]. - Medical Properties Trust's portfolio includes 388 properties and approximately 39,000 licensed beds across nine countries[16]. Strategic Initiatives - The company has authorized a strategic common stock repurchase program of up to $150 million to enhance liquidity and address near-term debt maturities[4]. - Following the settlement with Prospect and Yale, proceeds from the sale of three Connecticut hospitals are expected to exceed MPT's current debtor-in-possession loan balance of approximately $100 million[10]. Expenses and Dividends - Interest expenses increased to $132,395,000 for the three months ended September 30, 2025, compared to $106,243,000 in the same period of 2024, reflecting a 24.6% rise[24]. - Real estate depreciation and amortization for the three months ended September 30, 2025, was $66,993,000, a decrease from $204,875,000 in the same quarter of 2024[24]. - The company declared dividends of $0.08 per common share for both the three months ended September 30, 2025, and 2024[24]. - The weighted average shares outstanding for the three months ended September 30, 2025, were 601,136, compared to 600,229 in the same period of 2024[24].