Financial Snapshot

Revenue
$46.91M
TTM
Gross Margin
43.6%
TTM
Net Earnings
-$6.354M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$555.5M
Q3 2024
Cash
Q3 2024
P/E
-9.011
Nov 29, 2024 EST
Free Cash Flow
-$20.49M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $41.09M $34.14M $14.63M $7.369M
YoY Change 20.35% 133.38% 98.53%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $41.09M $34.14M $14.63M $7.369M
Cost Of Revenue $23.58M $19.01M $3.780M $970.0K
Gross Profit $17.51M $15.14M $10.85M $6.399M
Gross Profit Margin 42.62% 44.34% 74.16% 86.84%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $15.93M $8.889M $4.570M $5.012M
YoY Change 79.17% 94.51% -8.82%
% of Gross Profit 90.94% 58.72% 42.12% 78.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.28M $18.77M $9.827M $15.54M
YoY Change 2.7% 90.98% -36.77%
% of Gross Profit 110.06% 123.97% 90.57% 242.88%
Operating Expenses $57.49M $44.09M $10.46M $6.910M
YoY Change 30.38% 321.5% 51.39%
Operating Profit -$39.97M -$9.949M $389.0K -$511.0K
YoY Change 301.79% -2657.58% -176.13%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$13.10M -$5.699M $275.0K $1.847M
YoY Change 129.9% -2172.36% -85.11%
% of Operating Profit 70.69%
Other Income/Expense, Net $627.0K $3.713M $281.0K -$16.09M
YoY Change -83.11% 1221.35% -101.75%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$15.90M -$6.236M $945.0K -$14.75M
YoY Change 154.92% -759.89% -106.41%
Income Tax
% Of Pretax Income
Net Earnings -$15.77M -$1.000M $100.2M -$17.74M
YoY Change 1476.7% -101.0% -664.71%
Net Earnings / Revenue -38.37% -2.93% 684.56% -240.67%
Basic Earnings Per Share -$1.30 -$0.26 $8.93
Diluted Earnings Per Share -$1.30 -$0.26 $26.00M -$4.604M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $80.16M $78.43M $129.4M $48.78M
YoY Change 2.21% -39.39% 165.24%
Cash & Equivalents $80.16M $78.43M $129.4M $48.78M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $21.38M $17.92M $5.094M $4.836M
Other Receivables $0.00 $0.00 $428.0K $111.0K
Total Short-Term Assets $101.5M $96.34M $134.9M $53.73M
YoY Change 5.4% -28.59% 151.1%
Property, Plant & Equipment $464.9M $472.1M $318.1M $29.07M
YoY Change -1.53% 48.43% 994.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $81.16M $86.29M $39.52M $41.42M
YoY Change -5.95% 118.34% -4.59%
Other Assets $6.221M $4.136M $7.540M $318.7M
YoY Change 50.41% -45.15% -97.63%
Total Long-Term Assets $570.1M $562.6M $406.6M $438.1M
YoY Change 1.34% 38.37% -7.19%
Total Assets $671.6M $658.9M $541.5M $491.8M
YoY Change
Accounts Payable $691.0K $1.751M $2.087M $169.0K
YoY Change -60.54% -16.1% 1134.91%
Accrued Expenses $9.438M $9.752M $10.78M $6.289M
YoY Change -3.22% -9.52% 71.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $21.64M $1.519M $4.949M
YoY Change 1324.56% -69.31%
Total Short-Term Liabilities $47.72M $15.23M $21.44M $9.436M
YoY Change 213.25% -28.93% 127.16%
Long-Term Debt $145.0M $151.7M $58.06M $53.91M
YoY Change -4.38% 161.24% 7.7%
Other Long-Term Liabilities -$80.00 $0.00 $244.5M
YoY Change -100.0%
Total Long-Term Liabilities $145.0M $151.7M $58.06M $298.4M
YoY Change -4.38% 161.24% -80.54%
Total Liabilities $516.0M $498.9M $101.4M $312.2M
YoY Change 3.43% 392.16% -67.53%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 3.845M 3.844M 3.844M
Diluted Shares Outstanding 3.845M 3.844M 3.844M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $57.257 Million

About Bluerock Homes Trust, Inc.

Bluerock Homes Trust, Inc. engages in the provision of residential investments and other property-related income. The company is headquartered in New York City, New York. The company went IPO on 2022-09-28. The firm's principal objective is to generate attractive risk-adjusted investment returns by assembling a portfolio of pre-existing single-family rental homes and developing build-to-rent communities. The company owns and operates residential investments that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The company has approximately 18 real estate investments, consisting of eleven consolidated investments and seven preferred equity and loan investments. The 18 investments represent an aggregate of approximately 4,059 residential units, comprised of 2,475 consolidated units, of which 170 units are under development, and 1,584 units through preferred equity and loan investments. The firm's manager is Bluerock Homes Manager, LLC.

Industry: Real Estate Investment Trusts Peers: AVALONBAY COMMUNITIES INC BRT Apartments Corp. Clipper Realty Inc.