Alpine Income Property Trust (PINE) Financial Statements
Price: $16.57
Market Cap: $239.87M
Avg Volume: 89.12K
Market Cap: $239.87M
Avg Volume: 89.12K
Country: US
Industry: REIT - Retail
Sector: Real Estate
Industry: REIT - Retail
Sector: Real Estate
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Alpine Income Property Trust.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.23M | $45.64M | $45.20M | $30.13M | $19.25M | $13.51M | $11.72M | $8.45M |
| Cost of Revenue | $12.03M | $6.88M | $5.43M | $3.67M | $2.32M | $7.86M | $1.62M | $1.47M |
| Gross Profit | $40.19M | $38.76M | $39.77M | $26.45M | $16.93M | $5.65M | $10.10M | $6.99M |
| Gross Profit Ratio | 76.96% | 84.93% | 87.98% | 87.81% | 87.97% | 41.81% | 86.18% | 82.63% |
| Research and Development Expenses | $- | $- | $1 | $0 | $0 | $0 | $1 | $0 |
| General and Administrative Expenses | $2.33M | $6.30M | $5.78M | $5.03M | $4.66M | $2.02M | $1.18M | $829.35K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $-2.02M | $- | $- |
| Selling General and Administrative Expenses | $2.33M | $6.30M | $5.78M | $5.03M | $4.66M | $0 | $1.18M | $829.35K |
| Other Expenses | $23.84M | $19.32M | $23.56M | $15.94M | $9.95M | $-41.23K | $4.90M | $3.06M |
| Operating Expenses | $26.18M | $25.62M | $29.35M | $20.97M | $14.61M | $7.57M | $6.09M | $3.89M |
| Cost and Expenses | $38.21M | $32.50M | $34.78M | $24.64M | $16.93M | $9.60M | $7.70M | $5.36M |
| Interest Income | $-720.00K | $-710.00K | $9.54M | $3.70M | $1.46M | $41.00K | $- | $- |
| Interest Expense | $11.29M | $9.46M | $9.54M | $3.70M | $1.46M | $41.23K | $- | $286.24K |
| Depreciation and Amortization | $25.59M | $25.76M | $34.78M | $24.64M | $16.93M | $9.88M | $5.55M | $5.41M |
| EBITDA | $39.14M | $38.48M | $33.98M | $30.74M | $12.27M | $8.93M | $8.69M | $6.21M |
| EBITDA Ratio | 74.93% | 84.30% | 75.18% | 102.03% | 63.76% | 66.14% | 74.12% | 73.41% |
| Operating Income | $14.02M | $13.14M | $10.42M | $5.49M | $2.61M | $5.82M | $4.01M | $3.10M |
| Operating Income Ratio | 26.83% | 28.79% | 23.05% | 18.22% | 13.56% | 43.11% | 34.26% | 36.66% |
| Total Other Income Expenses Net | $-11.95M | $-9.88M | $-9.53M | $5.97M | $-1.46M | $5.82M | $- | $-286.24K |
| Income Before Tax | $2.07M | $3.27M | $33.95M | $11.46M | $1.15M | $9.45M | $4.01M | $2.81M |
| Income Before Tax Ratio | 3.96% | 7.16% | 75.12% | 38.04% | 5.95% | 69.95% | 34.26% | 33.27% |
| Income Tax Expense | $- | $- | $13.77M | $5.20M | $1.62M | $3.63M | $229.33K | $165.97K |
| Net Income | $2.07M | $2.92M | $20.18M | $6.26M | $-479.00K | $3.59M | $4.01M | $2.81M |
| Net Income Ratio | 3.96% | 6.39% | 44.65% | 20.78% | -2.49% | 26.54% | 34.26% | 33.27% |
| EPS | $0.15 | $0.21 | $1.69 | $0.64 | $-0.06 | $0.00 | $0.44 | $0.36 |
| EPS Diluted | $0.14 | $0.19 | $1.48 | $0.56 | $-0.05 | $3591421.00 | $0.44 | $0.31 |
| Weighted Average Shares Outstanding | 13.86M | 13.93M | 11.98M | 9.78M | 7.59M | 0 | 9.13M | 7.90M |
| Weighted Average Shares Outstanding Diluted | 15.08M | 15.56M | 13.68M | 11.25M | 8.81M | 0 | 9.13M | 9.13M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.58M | $4.02M | $9.02M | $8.85M | $1.89M | $12.34M | $8.26K | $6.90K |
| Short Term Investments | $- | $10.96M | $14.63M | $2.10M | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.58M | $14.98M | $9.02M | $8.85M | $1.89M | $12.34M | $8.26K | $6.90K |
| Net Receivables | $91.15M | $2.22M | $2.84M | $- | $- | $- | $- | $- |
| Inventory | $- | $-898.00K | $-14.63M | $-2.09M | $3.94M | $1 | $1 | $-0 |
| Other Current Assets | $9.67M | $52.76M | $4.03M | $646.00K | $- | $- | $- | $- |
| Total Current Assets | $102.39M | $69.05M | $13.04M | $9.50M | $1.89M | $12.34M | $8.26K | $6.90K |
| Property Plant Equipment Net | $- | $1.43M | $1.65M | $428.99M | $219.34M | $128.04M | $111.15M | $109.58M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $43.92M | $49.29M | $60.43M | $58.82M | $36.88M | $22.36M | $10.56M | $11.55M |
| Goodwill and Intangible Assets | $43.92M | $49.29M | $60.43M | $58.82M | $36.88M | $22.36M | $10.56M | $11.55M |
| Long Term Investments | $- | $- | $14.63M | $2.10M | $-261.59M | $-164.17M | $-237.70M | $-235.56M |
| Tax Assets | $- | $- | $-14.63M | $-431.08M | $261.59M | $164.17M | $126.55M | $125.98M |
| Other Non-Current Assets | $- | $458.91M | $498.31M | $437.20M | $3.48M | $1.43M | $115.99M | $114.43M |
| Total Non-Current Assets | $43.92M | $509.63M | $560.39M | $496.02M | $259.70M | $151.83M | $126.54M | $125.97M |
| Other Assets | $458.68M | $-14.12M | $- | $- | $- | $- | $- | $1 |
| Total Assets | $605.00M | $564.56M | $573.43M | $505.51M | $261.59M | $164.17M | $126.55M | $125.98M |
| Account Payables | $40.00K | $30.00K | $17.00K | $213.00K | $450.00K | $463.00K | $83.59K | $3.46M |
| Short Term Debt | $- | $- | $6.71M | $173.00K | $481.00K | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $2.41M | $3.17M | $1.48M | $2.03M | $1.05M | $87.48K | $344.68K | $371.94K |
| Other Current Liabilities | $4.43M | $3.50M | $-7.17M | $-386.00K | $-931.00K | $1.01M | $223.54K | $- |
| Total Current Liabilities | $6.89M | $6.70M | $5.89M | $4.40M | $3.04M | $1.56M | $651.82K | $3.84M |
| Long Term Debt | $309.47M | $282.04M | $267.12M | $273.22M | $106.16M | $1.91M | $3.42M | $3.52M |
| Deferred Revenue Non-Current | $- | $- | $1.48M | $2.03M | $1.05M | $87.48K | $344.68K | $371.94K |
| Deferred Tax Liabilities Non-Current | $- | $- | $-4.23M | $-4.40M | $-4.35M | $-2.00M | $-2.05M | $-2.13M |
| Other Non-Current Liabilities | $12.14M | $1.71M | $5.05M | $- | $4.23M | $1.47M | $-1.71M | $-1.76M |
| Total Non-Current Liabilities | $321.61M | $283.75M | $272.17M | $273.22M | $109.46M | $1.91M | $1.71M | $1.76M |
| Other Liabilities | $- | $-1.50M | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $328.50M | $288.95M | $278.06M | $277.61M | $112.50M | $3.47M | $2.36M | $5.60M |
| Preferred Stock | $- | $- | $10.04M | $- | $- | $498.00K | $- | $- |
| Common Stock | $147.00K | $137.00K | $134.00K | $114.00K | $79.00K | $79.03K | $124.19M | $120.38M |
| Retained Earnings | $- | $-2.36M | $10.04M | $-6.42M | $-5.71M | $-497.51K | $- | $- |
| Accumulated Other Comprehensive Income Loss | $6.77M | $9.27M | $14.60M | $1.92M | $-481.00K | $-498.00K | $- | $- |
| Other Total Stockholders Equity | $269.58M | $243.69M | $236.84M | $200.91M | $138.59M | $138.45M | $- | $- |
| Total Stockholders Equity | $276.50M | $250.74M | $261.62M | $196.52M | $126.76M | $137.53M | $124.19M | $120.38M |
| Total Equity | $299.96M | $275.61M | $295.38M | $227.90M | $149.09M | $160.71M | $125.89M | $122.13M |
| Total Liabilities and Stockholders Equity | $605.00M | $564.56M | $573.43M | $505.51M | $261.59M | $164.17M | $126.55M | $125.98M |
| Minority Interest | $23.47M | $24.87M | $33.76M | $31.38M | $22.33M | $23.18M | $1.70M | $1.75M |
| Total Liabilities and Total Equity | $605.00M | $564.56M | $573.43M | $505.51M | $261.59M | $164.17M | $126.55M | $125.98M |
| Total Investments | $- | $10.96M | $14.63M | $2.10M | $-261.59M | $-164.17M | $-237.70M | $-235.56M |
| Total Debt | $309.47M | $282.04M | $272.17M | $273.22M | $109.46M | $1.91M | $1.71M | $1.76M |
| Net Debt | $307.89M | $278.02M | $263.15M | $264.37M | $107.56M | $-10.43M | $1.70M | $1.75M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $2.25M | $3.27M | $33.95M | $11.46M | $1.15M | $3.59M | $4.01M | $2.81M |
| Depreciation and Amortization | $25.08M | $25.34M | $23.24M | $15.68M | $9.84M | $5.82M | $4.67M | $2.89M |
| Deferred Income Tax | $- | $- | $- | $-9.68M | $-287.00K | $3.16M | $- | $- |
| Stock Based Compensation | $247.00K | $318.00K | $310.00K | $309.00K | $268.00K | $513.00K | $232.43K | $136.54K |
| Change in Working Capital | $-761.00K | $2.14M | $-374.00K | $-940.00K | $-1.38M | $-792.74K | $-3.60M | $-640.75K |
| Accounts Receivables | $- | $- | $-935.00K | $-607.00K | $-1.52M | $-478.29K | $-450.57K | $-384.06K |
| Inventory | $- | $- | $935.00K | $607.00K | $1.52M | $- | $- | $- |
| Accounts Payables | $939.00K | $670.00K | $217.00K | $673.00K | $2.00K | $1.23M | $-3.16M | $3.16M |
| Other Working Capital | $-1.70M | $1.47M | $-591.00K | $-1.61M | $-1.39M | $-1.54M | $-437.63K | $-3.80M |
| Other Non Cash Items | $-1.21M | $-5.42M | $-32.48M | $362.00K | $-190.00K | $10.59M | $302.43K | $80.91K |
| Net Cash Provided by Operating Activities | $25.61M | $25.64M | $24.65M | $17.20M | $9.39M | $8.31M | $5.63M | $5.28M |
| Investments in Property Plant and Equipment | $- | $- | $-189.15M | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $-223.41M | $-118.81M | $-152.92M | $-5.19M | $-59.40M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-57.84M | $-13.58M | $150.37M | $27.41M | $4.93M | $-152.92M | $-5.19M | $-59.40M |
| Net Cash Used for Investing Activities | $-57.84M | $-13.58M | $-38.78M | $-195.99M | $-113.88M | $-152.92M | $-5.19M | $-59.40M |
| Debt Repayment | $25.50M | $8.25M | $-750.00K | $132.19M | $106.81M | $- | $- | $-7.30M |
| Common Stock Issued | $18.61M | $12.12M | $35.65M | $67.77M | $- | $138.02M | $- | $- |
| Common Stock Repurchased | $-775.00K | $-14.62M | $- | $- | $-5.01M | $- | $- | $- |
| Dividends Paid | $-16.79M | $-15.32M | $-13.26M | $-10.67M | $-7.20M | $-529.34K | $- | $- |
| Other Financing Activities | $-91.00K | $-1.82M | $-3.96M | $-2.90M | $-559.00K | $19.45M | $-438.13K | $61.01M |
| Net Cash Used Provided by Financing Activities | $26.46M | $-11.38M | $17.67M | $186.40M | $94.03M | $156.94M | $-438.13K | $53.71M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $280 | $- | $- |
| Net Change in Cash | $-5.78M | $687.00K | $3.55M | $7.60M | $-10.45M | $12.33M | $1.36K | $-417.60K |
| Cash at End of Period | $7.95M | $13.73M | $13.04M | $9.50M | $1.89M | $12.34M | $8.26K | $6.90K |
| Cash at Beginning of Period | $13.73M | $13.04M | $9.50M | $1.89M | $12.34M | $8.26K | $6.90K | $424.50K |
| Operating Cash Flow | $25.61M | $25.64M | $24.65M | $17.20M | $9.39M | $8.31M | $5.63M | $5.28M |
| Capital Expenditure | $- | $- | $-189.15M | $- | $- | $- | $- | $- |
| Free Cash Flow | $25.61M | $25.64M | $-164.50M | $17.20M | $9.39M | $8.31M | $5.63M | $5.28M |