Belpointe Prep, LLC income statement
In fiscal 2025, Belpointe Prep, LLC reported revenue of $9.2m, up 243.4% on the year before and net income of −$40.0m, or −$10.72 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 1 | 2 | 3 | 9 | 15 |
| General and administrative | 0 | 3 | 6 | 6 | 5 | 6 | 6 |
| Interest expense | — | — | 0 | 0 | — | — | — |
| Income before tax | — | −3 | −8 | −14 | −24 | −40 | — |
| Income tax | — | — | 0 | 0 | 0 | — | — |
| Net income | −0 | −3 | −8 | −14 | −24 | −40 | −44 |
| Diluted EPS | −$140.00 | −$0.95 | −$2.25 | −$4.04 | −$6.56 | −$10.72 | −$11.38 |
| Diluted shares (average) | — | 3m | 3m | 4m | 4m | 4m | 4m |
| 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 | 1 | 1 | 2 | 2 | 2 | 3 | 4 | 5 |
| General and administrative | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 1 |
| Net income | −7 | −8 | −9 | −8 | −12 | −12 | −11 | −9 |
| Diluted EPS | −$1.90 | −$2.26 | −$2.35 | −$2.06 | −$3.21 | −$3.08 | −$2.75 | −$2.37 |
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