RITHM PROPERTY TRUST INC.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $-55.5M | $-17.1M | $35.6M | $77.9M | $63.6M | $64.9M | $58.2M | $54.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $9.0M | — | — | — | — | — | — | — |
| Operating Income | $-92.9M | $12.6M | $31.5M | $78.8M | $82.3M | $96.5M | $84.7M | $69.4M |
| Operating Margin | 167.4% | -73.6% | 88.5% | 101.1% | 129.3% | 148.7% | 145.7% | 126.6% |
| Interest Expense | — | $59.3M | $43.6M | $36.7M | $48.7M | $59.3M | $53.3M | $39.1M |
| Pretax Income | $-92.9M | $-46.7M | $-12.1M | $42.1M | $33.6M | $37.2M | $31.4M | $30.3M |
| Income Tax Expense | $145.0K | $243.0K | $2.8M | $293.0K | $-39.0K | $124.0K | $64.0K | $131.0K |
| Net Income | $-91.8M | $-47.1M | $-15.0M | $41.9M | $28.5M | $34.7M | $28.3M | $28.9M |
| Net Margin | 165.5% | 275.7% | -42.1% | 53.7% | 44.8% | 53.5% | 48.7% | 52.8% |
| EPS (Basic) | $-13.76 | $-2.01 | $-1.24 | $1.48 | $1.00 | $1.74 | $1.50 | $1.58 |
| EPS (Diluted) | $-13.76 | $-2.01 | $-1.24 | $1.41 | $1.00 | $1.59 | $1.43 | $1.51 |
| Shares Outstanding (Basic) | 6.7M | 24.3M | 22.7M | 22.9M | 22.6M | 19.7M | 18.6M | 18.1M |
| Shares Outstanding (Diluted) | 6.7M | 24.3M | 23.0M | 30.3M | 22.6M | 28.2M | 25.8M | 23.3M |
| Dividends Per Share | $1.68 | $0.76 | $1.06 | $0.91 | $0.83 | — | — | — |