Rithm Property Trust Inc. income statement
In fiscal 2024, Rithm Property Trust Inc. reported revenue of −$55.5m, up 225.0% on the year before and net income of −$91.8m, or −$13.76 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 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | LTMMar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 38 | 47 | 55 | 58 | 65 | 64 | 78 | 36 | −17 | −55 | −6 |
| General and administrative | — | — | — | — | — | — | — | — | — | — | 9 | 8 |
| Interest expense | 1 | 11 | 26 | 39 | 53 | 59 | 49 | 37 | 44 | 59 | — | — |
| Net interest income | 6 | 36 | 45 | 52 | 55 | 53 | 50 | 57 | 39 | 13 | 9 | 11 |
| Provision for credit losses | — | — | 0 | 0 | 1 | 1 | −9 | −14 | −8 | −6 | 1 | 0 |
| Income before tax | 4 | 26 | 29 | 30 | 31 | 37 | 34 | 42 | −12 | −47 | −93 | −23 |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 3 | 0 | 0 | −1 |
| Net income | 3 | 25 | 28 | 29 | 28 | 35 | 28 | 42 | −15 | −47 | −92 | −21 |
| Diluted EPS | $2.40 | $10.08 | $9.90 | $9.06 | $8.58 | $9.54 | $6.00 | $8.46 | −$7.44 | −$12.06 | −$13.76 | — |
| Diluted shares (average) | 1m | 3m | 3m | 4m | 4m | 5m | 4m | 5m | 4m | 4m | 7m | — |
| Quarter | 2023 Q2Jun 2023 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | −2 | 1 | −16 | −49 | −9 | −3 | 6 | 0 |
| General and administrative | — | — | — | — | 5 | 1 | 1 | 1 |
| Interest expense | 15 | 15 | 14 | 14 | — | — | — | — |
| Net interest income | 3 | 3 | 3 | 2 | 0 | 4 | 4 | 4 |
| Provision for credit losses | −3 | 0 | −2 | 1 | 0 | 0 | 0 | 0 |
| Income before tax | −11 | −6 | −23 | −73 | −14 | −8 | 2 | −4 |
| Income tax | 0 | −0 | 0 | 1 | −1 | −0 | 0 | −0 |
| Net income | −11 | −6 | −23 | −74 | −13 | −8 | 3 | −3 |
| Diluted EPS | −$3.06 | −$1.50 | $1.44 | −$14.46 | −$1.92 | −$1.08 | −$11.30 | −$0.49 |
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