BRT Apartments Corp. income statement
In fiscal 2025, BRT Apartments Corp. reported revenue of $97.0m, up 1.5% on the year before, operating income of −$12.5m (a -12.9% margin) and net income of −$11.9m, or −$0.63 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 8 | 18 | 10 | 32 | 62 | 81 | 99 | 106 | 23 | 28 | 28 | 32 | 71 | 94 | 96 | 97 | 98 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | 23 | 4 | — | — | — | — | 0 | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | 5 | 24 | — | — | — | — | 97 | — |
| General and administrative | 7 | 6 | 7 | 3 | 6 | 6 | 7 | 9 | 9 | 9 | 10 | 12 | 13 | 15 | 15 | 16 | 16 | 15 |
| Operating income | −24 | −12 | 4 | −7 | −13 | −12 | −10 | −9 | −14 | −8 | −8 | −13 | −10 | −15 | −14 | −12 | −12 | −12 |
| Provision for credit losses | 17 | 3 | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Income tax | — | — | — | — | — | 0 | 0 | 1 | 2 | 0 | 0 | 0 | 0 | 1 | 0 | −0 | 0 | 0 |
| Net income | −48 | −8 | 6 | 4 | 5 | −9 | −2 | 31 | 14 | 25 | 1 | −20 | 29 | 50 | 4 | −10 | −12 | −13 |
| Diluted EPS | −$4.10 | −$0.58 | $0.45 | $0.32 | $0.35 | −$0.66 | −$0.17 | $2.23 | $0.97 | $1.68 | $0.05 | −$1.16 | $1.62 | $2.66 | $0.16 | −$0.52 | −$0.63 | −$0.72 |
| Diluted shares (average) | 12m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 15m | 16m | 17m | 17m | 18m | 18m | 18m | 18m | 18m |
| EBITDA | −22 | −11 | 5 | −5 | −4 | 5 | 13 | 14 | 17 | −3 | −2 | −7 | −2 | 10 | 14 | 14 | 14 | 14 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 24 | 24 | 24 | 24 | 24 | 25 | 24 |
| General and administrative | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Operating income | −3 | −3 | −3 | −3 | −3 | −3 | −2 | −3 |
| Provision for credit losses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income tax | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −2 | −2 | −3 | −3 | −4 | −3 | −3 |
| Diluted EPS | −$0.12 | −$0.11 | −$0.12 | −$0.14 | −$0.14 | −$0.23 | −$0.14 | — |
| EBITDA | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 |
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