Franklin BSP Realty Trust, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $270.1M | $223.4M | $268.7M | $206.8M | $165.5M | $117.6M | $108.1M | $82.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $13.3M | $9.7M | $14.4M | $12.9M | $7.7M | $13.1M | $16.4M | $13.4M |
| Operating Income | — | — | — | — | $67.6M | $50.8M | $123.0M | $78.0M |
| Operating Margin | — | — | — | — | 40.9% | 43.2% | 113.8% | 94.8% |
| Interest Expense | — | — | $305.6M | $160.5M | $56.2M | $66.6M | $90.4M | $70.0M |
| Pretax Income | — | — | — | — | $11.4M | $-15.8M | $32.6M | $8.0M |
| Income Tax Expense | $3.9M | $1.1M | $-2.8M | $-399.0K | $3.6M | $-2.1M | $4.5M | $79.0K |
| Net Income | $82.3M | $95.9M | $145.2M | $14.4M | $25.7M | $54.7M | $83.9M | $52.8M |
| Net Margin | 30.5% | 42.9% | 54.0% | 7.0% | 15.5% | 46.5% | 77.7% | 64.2% |
| EPS (Basic) | $0.65 | $0.82 | $1.42 | $-0.38 | $-0.18 | $0.90 | $1.60 | $1.44 |
| EPS (Diluted) | $0.64 | $0.82 | $1.42 | $-0.38 | $-0.18 | $0.90 | $1.60 | $1.44 |
| Shares Outstanding (Basic) | 82.0M | 81.8M | 82.3M | 71.6M | 43.4M | 44.4M | 41.9M | 34.3M |
| Shares Outstanding (Diluted) | 86.2M | 81.8M | 82.3M | 71.6M | 43.4M | 44.4M | 41.9M | 36.8M |
| Dividends Per Share | $1.42 | $1.42 | $1.42 | $1.42 | $1.26 | $1.30 | $1.44 | $1.44 |