PRLE

PILLARSTONE CAPITAL REIT

owned six properties in Houston, Texas • FY2023 Annual Report

NYSE H-1B Visa Sponsor Revenue -5.4% YoY

Revenue

$5M

Net Income

$-0M

EBIT Margin

N/A

Diluted EPS

$-0.64

Free Cash Flow

$-0M

CEO Pay

N/A

of PILLARSTONE CAPITAL REIT's revenue comes from United States

Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: PILLARSTONE CAPITAL REIT generates N/A of its $0B revenue from United States, yet continues to file H-1B petitions that displace American workers.

Financial Snapshot — FY2023

Total Revenue

$5M

-5.4% year-over-year

Net Income

$-0M

Operating Margin

N/A

Diluted EPS

$-0.64

Free Cash Flow

$-0M

Dividend / Share

N/A

Stock Buybacks

N/A

Where the Revenue Comes From — FY2023

United States

$0B

N/A

Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2023.

H-1B Visa Dependency Key Metric

Search all PILLARSTONE CAPITAL REIT H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for PILLARSTONE CAPITAL REIT

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment

ConcernRevenue declined 5.4% year-over-year - company is shrinking.

ConcernCompany is operating at a net loss.

Key Business Risks (from 10-K Item 1A)

Whitestone Uptown Tower, LLC may not prevail in its litigation proceedings with Whitestone
Historically, we have financed our long-term capital needs, including acquisitions, as follows
Management identified material weaknesses in our internal controls over financial reporting including
Coverage under our existing insurance policies may be inadequate to cover losses
Certain provisions of our declaration of trust and bylaws may inhibit a change of our control

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PILLARSTONE CAPITAL REIT

of PILLARSTONE CAPITAL REIT's revenue comes from United States

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