Financial Snapshot

Revenue
$28.95M
TTM
Gross Margin
77.02%
TTM
Net Earnings
$3.967M
TTM
Current Assets
$16.62M
Q2 2024
Current Liabilities
$13.36M
Q2 2024
Current Ratio
124.41%
Q2 2024
Total Assets
$745.5M
Q2 2024
Total Liabilities
$559.5M
Q2 2024
Book Value
$186.0M
Q2 2024
Cash
$16.62M
Q2 2024
P/E
71.92
Nov 14, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $48.27M $39.86M $33.90M
YoY Change 21.08% 17.58%

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
Revenue $48.27M $39.86M $33.90M
Cost Of Revenue $11.58M $9.054M $6.835M
Gross Profit $36.69M $30.81M $27.07M
Gross Profit Margin 76.01% 77.29% 79.84%

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
Selling, General & Admin $8.054M $1.184M $1.196M
YoY Change 580.4% -1.01%
% of Gross Profit 21.95% 3.84% 4.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.73M $21.80M $19.31M
YoY Change 13.44% 12.89%
% of Gross Profit 67.41% 70.76% 71.35%
Operating Expenses $32.78M $22.98M $20.51M
YoY Change 42.64% 12.08%
Operating Profit $3.902M $7.824M $6.560M
YoY Change -50.13% 19.27%

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
Interest Expense -$18.42M -$12.57M -$9.242M
YoY Change 46.47% 36.04%
% of Operating Profit -471.93% -160.69% -140.88%
Other Income/Expense, Net
YoY Change

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
Pretax Income -$1.208M -$4.950M -$2.682M
YoY Change -75.6% 84.58%
Income Tax $315.9K $430.2K $207.8K
% Of Pretax Income
Net Earnings -$1.100M -$4.471M -$2.797M
YoY Change -75.39% 59.82%
Net Earnings / Revenue -2.28% -11.21% -8.25%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.07 -$0.30 -$0.19

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
Cash & Short-Term Investments $17.13M $41.08M $31.87M
YoY Change -58.3% 28.87%
Cash & Equivalents $17.13M $41.08M $31.87M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $17.13M $41.08M $31.87M
YoY Change -58.3% 28.87%
Property, Plant & Equipment $618.4M $443.1M $381.3M
YoY Change 39.56% 16.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $19.37M $22.98M
YoY Change -100.0% -15.74%
Other Assets $4.522M $4.278M $2.850M
YoY Change 5.7% 50.1%
Total Long-Term Assets $754.9M $585.7M $527.9M
YoY Change 28.88% 10.94%
Total Assets $772.0M $626.8M $559.8M
YoY Change
Accounts Payable $17.45M $11.89M $8.644M
YoY Change 46.81% 37.53%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.45M $12.18M $8.913M
YoY Change 43.33% 36.62%
Long-Term Debt $436.5M $281.3M $270.0M
YoY Change 55.15% 4.2%
Other Long-Term Liabilities $17.42M $17.62M $18.06M
YoY Change -1.15% -2.45%
Total Long-Term Liabilities $453.9M $298.9M $288.0M
YoY Change 51.83% 3.78%
Total Liabilities $574.9M $409.5M $339.8M
YoY Change 40.4% 20.51%

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
Basic Shares Outstanding
Diluted Shares Outstanding
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: $285.32 Million

About FrontView REIT Inc

FrontView REIT Inc is a US-based company operating in Retail REITs industry. The company is headquartered in Dallas, Texas and currently employs 15 full-time employees. The company went IPO on 2024-10-02. FrontView REIT, Inc. is an internally managed net-lease real estate investment trust (REITs). The firm is engaged in acquiring, owning and managing outparcel properties that are net leased to a diversified group of tenants. The company focuses on investing primarily in well-located, net-leased outparcel properties that provide high visibility to consumers. The company owns a well-diversified portfolio of 278 outparcel properties across 31 United States. The Company’s tenants include service-oriented businesses, such as restaurants, cellular stores, financial institutions, automotive stores and dealers, medical and dental providers, pharmacies, convenience and gas stores, car washes, home improvement stores, grocery stores, professional services as well as general retail tenants. Its tenant brands include Verizon, Oak Street Health, Adams Auto Group, Raising Canes, IHOP, Mammoth Car Wash, CVS, AT&T, Walgreens, Bank of America, Advance Auto Parts, Heartland Dental, and Burger King.

Industry: Real Estate Investment Trusts Peers: