BRT APARTMENTS CORP.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $97.0M | $95.6M | $93.6M | $70.5M | $32.1M | $28.1M | $27.8M | $23.4M |
| Cost of Revenue | $158.0K | — | — | — | — | $3.6M | $22.8M | — |
| Gross Profit | $96.9M | — | — | — | — | $24.5M | $4.9M | — |
| Gross Margin | 99.8% | — | — | — | — | 87.0% | 17.8% | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $15.5M | $15.6M | $15.4M | $14.7M | $12.6M | $11.7M | $10.1M | $9.4M |
| Operating Income | $-12.5M | $-12.3M | $-14.3M | $-15.0M | $-10.1M | $-13.5M | $-8.4M | $-8.0M |
| Operating Margin | -12.9% | -12.9% | -15.3% | -21.3% | -31.4% | -47.9% | -30.2% | -34.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $174.0K | $-226.0K | $54.0K | $821.0K | $206.0K | $248.0K | $270.0K | $2.0K |
| Net Income | $-11.9M | $-9.8M | $3.9M | $50.0M | $29.1M | $-19.9M | $856.0K | $25.5M |
| Net Margin | -12.3% | -10.2% | 4.1% | 70.8% | 90.8% | -70.7% | 3.1% | 108.8% |
| EPS (Basic) | $-0.63 | $-0.52 | $0.16 | $2.67 | $1.63 | $-1.16 | $0.05 | $1.70 |
| EPS (Diluted) | $-0.63 | $-0.52 | $0.16 | $2.66 | $1.62 | $-1.16 | $0.05 | $1.68 |
| Shares Outstanding (Basic) | 18.0M | 17.8M | 17.9M | 17.8M | 17.0M | 17.1M | 16.0M | 15.0M |
| Shares Outstanding (Diluted) | 18.0M | 17.8M | 17.9M | 17.9M | 17.1M | 17.1M | 16.2M | 15.2M |
| Dividends Per Share | $1.00 | $1.00 | $1.00 | $0.98 | $0.90 | $0.88 | $0.84 | $0.80 |