First Real Estate Investment Trust of New Jersey, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.3M | $28.7M | $28.3M | $31.3M | $50.3M | $52.7M | $60.3M | $58.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.9M | $4.4M | $4.2M | $5.0M | $5.2M | $3.8M | $2.6M | $2.3M |
| Operating Income | $15.2M | $15.1M | $14.7M | $16.0M | $13.5M | $3.8M | $18.8M | $19.3M |
| Operating Margin | 51.7% | 52.5% | 51.8% | 51.1% | 26.8% | 7.1% | 31.2% | 33.3% |
| Interest Expense | $7.3M | $7.3M | $7.7M | $8.1M | $12.3M | $14.1M | $18.1M | $18.7M |
| Pretax Income | $15.2M | $15.1M | $14.7M | $16.0M | — | — | $33.8M | $32.5M |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $3.5M | $15.9M | $760.0K | $46.0M | $927.0K | $20.6M | $1.8M | $1.5M |
| Net Margin | 12.0% | 55.3% | 2.7% | 147.1% | 1.8% | 39.0% | 3.0% | 2.6% |
| EPS (Basic) | $0.47 | $2.13 | $0.10 | $6.52 | $0.13 | $2.94 | $0.26 | $0.21 |
| EPS (Diluted) | $0.47 | $2.13 | $0.10 | $6.45 | $0.13 | $2.94 | $0.26 | $0.21 |
| Shares Outstanding (Basic) | 7.5K | 7.5K | 7.4K | 7.1K | 7.0M | 7.0M | 6.9M | 6.9M |
| Shares Outstanding (Diluted) | 7.5K | 7.5K | 7.4K | 7.1K | 7.0M | 7.0M | 6.9M | 6.9M |
| Dividends Per Share | $0.36 | $0.85 | $0.45 | $9.20 | $0.25 | — | $0.60 | $0.15 |