Clipper Realty Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $93.0m $104.0m $110.0m $116.2m $122.8m $122.7m $129.7m $138.2m $148.8m $153.2m
Revenue from Contract with Customer, Including Assessed Tax $93.0m $104.0m $110.0m $116.2m $122.8m $122.7m $129.7m $138.2m $148.8m $153.2m
Cost of Goods and Services Sold $67.2m $74.4m $77.5m $82.7m $91.5m $95.8m $102.1m $105.0m $108.0m $133.5m
Gross Profit (Calculated) (derived) $25.8m $29.5m $32.5m $33.5m $31.3m $26.9m $27.6m $33.2m $40.8m $19.7m
Operating expenses:
Operating Income (Loss) $25.8m $29.5m $32.5m $33.5m $32.1m $24.2m $27.6m $33.2m $40.5m $4.2m
Additional Financial Items
Amortization of Intangible Assets $118k $0
Preferred Stock Dividends and Other Adjustments $19k $8k
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic ($120k) ($229k) ($269k) ($319k) ($478k) ($653k) ($968k) $1.3m $1.5m ($2.3m)
Gain (Loss) on Derivative Instruments, Net, Pretax $139k ($261k) $208k $0
Net Income (Loss) Available to Common Stockholders, Basic ($3.8m) ($2.4m) ($3.6m) ($1.7m) ($4.9m) ($7.6m) ($4.8m) ($5.9m) ($2.5m) ($19.9m)
Net Income (Loss) Attributable to Noncontrolling Interest ($8.6m) ($3.6m) ($5.4m) ($2.5m) ($7.3m) ($12.4m) ($7.8m) ($9.7m) ($4.1m) ($32.4m)
Earnings Per Share, Basic ($0.34) ($0.15) ($0.22) ($0.11) ($0.31) ($0.51) ($0.36) ($0.45) ($0.25) ($1.38)
Weighted Average Number of Shares Outstanding, Basic 16k 16.1m 16.1m 16.1m
General and Administrative Expense $8.4m $9.9m $9.9m $9.2m $9.7m $10.6m $12.8m $13.2m $14.2m $15.5m
Interest Expense (non-operating) ($47.1m) ($53.0m)
Business Combination, Acquisition Related Costs $326k $69k $101k $0
Interest Expense $38.1m $35.5m $32.8m $35.2m $40.2m $41.3m $40.2m $44.9m $47.1m $53.0m
Income Tax Expense (Benefit) $0 $0 $0 $0 $0 $0 $0 $0