Alpine Income Property Trust, Inc. income statement
In fiscal 2025, Alpine Income Property Trust, Inc. reported revenue of $60.5m, up 15.9% on the year before, operating income of $13.1m (a 21.7% margin) and net income of −$2.7m, or −$0.22 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 | 2018Dec 2018 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 19 | 30 | 45 | 46 | 52 | 61 | 76 |
| Gross profit | — | — | — | 40 | 39 | 44 | 52 | — |
| General and administrative | 1 | 5 | 5 | 6 | 6 | 7 | 7 | 7 |
| Operating income | 4 | 3 | 15 | 43 | 13 | 14 | 13 | 31 |
| Interest expense | — | 1 | 4 | 10 | 10 | 12 | 16 | 18 |
| Net income | 4 | 1 | 10 | 30 | 3 | 2 | −3 | 13 |
| Diluted EPS | — | $0.11 | $0.89 | $2.17 | $0.19 | $0.14 | −$0.22 | $0.72 |
| Diluted shares (average) | — | 9m | 11m | 14m | 16m | 15m | 16m | 17m |
| EBITDA | 9 | 13 | 31 | 67 | 39 | 40 | 41 | 59 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 14 | 15 | 15 | 17 | 18 | 20 | 20 |
| Cost of revenue | — | — | — | 2 | — | — | — | 2 |
| Gross profit | — | — | — | 13 | — | — | — | 18 |
| General and administrative | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Operating income | 2 | 2 | 2 | 2 | 6 | 7 | 9 | 10 |
| Interest expense | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 5 |
| Net income | −1 | −1 | −2 | −1 | 1 | 2 | 4 | 5 |
| Diluted EPS | −$0.06 | −$0.08 | −$0.12 | −$0.09 | $0.07 | $0.06 | $0.16 | $0.18 |
| EBITDA | 8 | 10 | 9 | 9 | 13 | 14 | 16 | 17 |
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