The company has not filed an annual or quarterly report since its FY2022 10-K, filed Feb 24, 2023. Its latest SEC filing is a 8-K from Feb 29, 2024.
10-K for FY2022, filed Feb 24, 2023
The sections below describe the company as of the FY2022 annual report.
Winds down its business, settling liabilities and distributing available funds to shareholders.
10-K for FY2022, filed Feb 24, 2023The Company remains focused on managing the wind-up of its business including the payment of known and contingent liabilities (including…View ↗
While it owned shopping centers, the company collected fixed rent and expense reimbursements over lease terms; it also earned sales-based rent after tenants passed lease sales thresholds and reimbursements when related property expenses arose.
10-K for FY2022, filed Feb 24, 2023Fixed-lease payments, which include fixed payments associated with expense reimbursements from tenants for common area maintenance, taxes…View ↗
Variable lease payments, which include percentage and overage income, recognized after a tenant’s reported sales exceeded the applicable…View ↗
Variable lease payments associated with expense reimbursements from tenants for common area maintenance, taxes, insurance and other…View ↗
$55.7M
10-K for FY2022, filed Feb 24, 2023
$55.7M ↗
Retail tenants leased space in the company's shopping centers, including national retailers.
10-K for FY2019, filed Mar 2, 2020 10-K for FY2022, filed Feb 24, 2023Retail Value Inc. is an Ohio corporation (the “Company” or “RVI”) formed in December 2017. As of December 31, 2017, RVI did not conduct any…View ↗
For the real estate industry, leasing transactions are not within the scope of the standard. A majority of the Company’s tenant-related…View ↗
No. It lost $17.7M in FY2021.
10-K for FY2022, filed Feb 24, 2023
10-K for FY2022, filed Feb 24, 2023
−$17.7MView ↗
Shrank. Revenue fell 83% in 4 years, from $322.9M in FY2017 to $55.7M in FY2021, about 36% a year.
From property owner to wind-up
The older report described a landlord operating retail shopping centers and seeking value through operations and asset sales; the latest report says it has sold its last property and is focused on settling liabilities and distributing available funds.
10-K for FY2019, filed Mar 2, 2020 10-K for FY2022, filed Feb 24, 2023
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