BRT Apartments Corp.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $94.3m $105.8m $119.6m $27.8m $28.1m $32.1m $70.5m $93.6m $95.6m $97.0m
Revenues:
Cost of Revenue $44.9m $50.3m $56.9m $22.8m $3.6m $29.5m $33.6m $44.6m $45.5m $158k
Gross Profit (Calculated) (derived) $49.4m $55.4m $62.7m $4.9m $24.5m $2.6m $37.0m $49.1m $50.1m $96.9m
Operating Expenses $104.1m $119.3m $139.8m
Operating Income (Loss) ($9.8m) ($13.6m) ($20.1m) ($8.4m) ($13.5m) ($10.1m) ($15.0m) ($14.3m) ($12.3m) ($12.5m)
Additional Financial Items
Income (Loss) from Equity Method Investments ($384k) ($388k) ($8.8m) ($6.0m) ($4.2m) $1.9m $2.3m $1.6m ($174k)
Operating Lease, Lease Income $27.5m $32.0m $70.5m $93.1m $94.8m $95.3m
Income (Loss) from Continuing Operations, Per Basic Share $1 $2
Income (Loss) from Continuing Operations, Per Diluted Share $2
Interest and Other Income $857k $1.8m
Other Income $3.3m $1.3m $763k $752k $651k $16k $12k $548k
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $1.4m $2.5m $953k ($493k) ($589k)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $12.7m $0 $0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $16.9m $13.6m $23.8m $2.0m $19.5m $29.5m $50.9m $4.1m $9.9m $11.6m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $32.5m $35.6m $48.0m $1.7m ($19.7m) $29.2m $50.1m $4.0m ($9.6m) ($11.8m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($2.8m) $0 $0 $837k $130k $136k $144k $142k $155k $170k
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $14.3m $0 $0
Net Income (Loss) Attributable to Parent $31.3m $13.6m $23.8m $856k ($19.9m) $29.1m $50.0m $3.9m ($9.8m) ($11.9m)
Net Income (Loss) Available to Common Stockholders, Basic $31.3m $13.6m $23.8m $856k ($19.9m) $27.7m $47.5m $2.9m ($9.3m) ($11.4m)
Net Income (Loss) Attributable to Noncontrolling Interest $13.9m $22.0m $24.2m $837k $130k $136k $144k $142k $155k $170k
Earnings Per Share, Basic $2.23 $0.98 $1.63 $0.05 ($1.16) $1.63 $2.67 $0.16 ($0.52) ($0.63)
Earnings Per Share, Diluted $2.23 $0.98 $1.61 $0.05 ($1.16) $1.62 $2.66 $0.16 ($0.52) ($0.63)
Common Stock, Dividends, Per Share, Declared $0.00 $0.18 $0.78 $0.84 $0.88 $0.90 $0.98 $1.00 $1.00 $1.00
Weighted Average Number of Shares Outstanding, Basic 14.0m 14.0m 14.6m 16.0m 17.1m 17.0m 17.8m 17.9m 17.8m 18.0m
Weighted Average Number of Shares Outstanding, Diluted 14.0m 14.0m 14.8m 16.2m 17.1m 17.1m 17.9m 17.9m 17.8m 18.0m
General and Administrative Expense $8.5m $9.4m $9.2m $10.1m $11.7m $12.6m $14.7m $15.4m $15.6m $15.5m
Direct Costs of Leased and Rented Property or Equipment $43.3m $51.3m $57.7m
Financing Interest Expense $23.9m $28.2m $34.4m $7.8m $7.1m $6.8m $15.5m $22.2m $22.6m $23.5m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $270k $5k
Income Tax Expense (Benefit) $700k $1.6m $50k $270k $248k $206k $821k $54k ($226k) $174k