ALPINE INCOME PROPERTY TRUST, INC.

PINE-PA ·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 $60.5M $52.2M $45.6M $45.2M $30.1M $19.2M $11.8M
Cost of Revenue
Gross Profit $52.1M $44.0M $39.0M $39.8M
Gross Margin 86.0% 84.2% 85.5% 88.0%
Operating Expenses
Research & Development
SG&A Expense $6.7M $6.6M $6.3M $5.8M $5.0M $4.7M $1.7M
Operating Income $13.1M $14.0M $13.1M $43.5M $15.2M $2.6M $3.6M
Operating Margin 21.7% 26.8% 28.8% 96.2% 50.3% 13.6% 30.7%
Interest Expense $16.3M $12.0M $10.2M $9.5M $3.7M $1.5M
Pretax Income
Income Tax Expense
Net Income $-2.7M $2.1M $2.9M $29.7M $10.0M $985.0K $3.6M
Net Margin -4.4% 4.0% 6.4% 65.8% 33.1% 5.1% 30.7%
EPS (Basic) $-0.22 $0.15 $0.21 $2.48 $1.02 $0.13
EPS (Diluted) $-0.22 $0.14 $0.19 $2.17 $0.89 $0.11
Shares Outstanding (Basic) 15.1M 14.3M 13.9M 13.9M 12.0M 9.8M 7.6M 7.9M
Shares Outstanding (Diluted) 15.1M 15.6M 15.1M 15.6M 13.7M 11.2M 8.8M 7.9M
Dividends Per Share $1.14 $1.10 $1.10 $1.09 $1.02 $0.82 $0.06
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