FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.

FREVS ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $29.3M $28.7M $28.3M $31.3M $50.3M $52.7M $60.3M
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
Operating Income $15.2M $15.1M $14.7M $16.0M $13.5M $3.8M $18.8M
Operating Margin 51.7% 52.5% 51.8% 51.1% 26.8% 7.1% 31.2%
Interest Expense $7.3M $7.3M $7.7M $8.1M $12.3M $14.1M $18.1M
Pretax Income $15.2M $15.1M $14.7M $16.0M $33.8M
Income Tax Expense
Net Income $3.5M $15.9M $760.0K $46.0M $927.0K $20.6M $1.8M
Net Margin 12.0% 55.3% 2.7% 147.1% 1.8% 39.0% 3.0%
EPS (Basic) $0.47 $2.13 $0.10 $6.52 $0.13 $2.94 $0.26
EPS (Diluted) $0.47 $2.13 $0.10 $6.45 $0.13 $2.94 $0.26
Shares Outstanding (Basic) 7.5M 7.5K 7.5K 7.4K 7.1K 7.0M 7.0M 6.9M
Shares Outstanding (Diluted) 7.5M 7.5K 7.5K 7.4K 7.1K 7.0M 7.0M 6.9M
Dividends Per Share $0.36 $0.85 $0.45 $9.20 $0.25 $0.60
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