Financial Snapshot

Revenue
$2.092M
TTM
Gross Margin
-224.12%
TTM
Net Earnings
-$19.78M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$311.0M
Q3 2024
Cash
Q3 2024
P/E
-14.16
Nov 29, 2024 EST
Free Cash Flow
-$130.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $2.254M $1.391M $997.0K $101.0K
YoY Change 62.04% 39.52% 887.13%

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 $2.254M $1.391M $997.0K $101.0K
Cost Of Revenue $4.179M $3.809M $1.140M $48.00K
Gross Profit -$1.925M -$2.418M -$143.0K $53.00K
Gross Profit Margin -85.4% -173.83% -14.34% 52.48%

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 $6.335M $5.798M $2.924M $113.0K
YoY Change 9.26% 98.29% 2487.61%
% of Gross Profit 213.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.067M $1.291M $588.0K $43.00K
YoY Change 60.11% 119.56% 1267.44%
% of Gross Profit 81.13%
Operating Expenses $8.402M $10.90M $3.512M $156.0K
YoY Change -22.9% 210.31% 2151.28%
Operating Profit -$10.33M -$13.32M -$3.655M -$103.0K
YoY Change -22.45% 264.32% 3448.54%

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 $13.00K $100.0K $620.0K -$9.000K
YoY Change -87.0% -83.87% -6988.89%
% of Operating Profit
Other Income/Expense, Net $13.00K $1.381M -$7.000K
YoY Change -99.06% -19828.57%

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 -$14.36M -$8.126M -$3.042M -$112.0K
YoY Change 76.73% 167.13% 2616.07%
Income Tax $1.000K $112.0K
% Of Pretax Income
Net Earnings -$14.35M -$7.683M -$3.135M -$112.0K
YoY Change 86.79% 145.07% 2699.11%
Net Earnings / Revenue -636.69% -552.34% -314.44% -110.89%
Basic Earnings Per Share -$4.04 -$2.25 -$7.64
Diluted Earnings Per Share -$4.04 -$2.25 -$900.3K -$82.96K

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 $20.13M $143.5M $192.1M $6.578M
YoY Change -85.97% -25.33% 2820.81%
Cash & Equivalents $20.13M $143.5M $192.1M $6.578M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $20.13M $143.5M $215.9M $6.578M
YoY Change -85.97% -33.55% 3181.97%
Property, Plant & Equipment $353.5M $198.3M $124.3M $30.25M
YoY Change 78.32% 59.5% 310.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.451M $12.27M $1.241M $452.0K
YoY Change -31.12% 888.72% 174.56%
Total Long-Term Assets $362.0M $210.5M $125.5M $30.70M
YoY Change 71.94% 67.7% 308.87%
Total Assets $382.1M $354.0M $341.4M $37.28M
YoY Change
Accounts Payable $12.58M $1.686M $1.352M $1.892M
YoY Change 646.38% 24.7% -28.54%
Accrued Expenses $9.097M $6.728M $1.865M
YoY Change 35.21% 260.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $32.05M $8.414M $3.217M $1.892M
YoY Change 280.92% 161.55% 70.03%
Long-Term Debt $23.68M $0.00 $10.79M $35.00M
YoY Change -100.0% -69.17%
Other Long-Term Liabilities $1.324M $12.93M $3.544M $492.0K
YoY Change -89.76% 264.81% 620.33%
Total Long-Term Liabilities $25.00M $12.93M $14.33M $35.49M
YoY Change 93.38% -9.8% -59.61%
Total Liabilities $59.49M $24.51M $17.74M $37.38M
YoY Change 142.69% 38.16% -52.54%

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 3.553M shares 3.417M shares 410.2K shares
Diluted Shares Outstanding 3.553M shares 3.417M shares
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: $280.13 Million

About Belpointe PREP, LLC

Belpointe PREP LLC operates as a real estate company. The company is headquartered in Greenwich, Connecticut. The company went IPO on 2021-10-18. At least 90% of its assets consist of qualified opportunity zone property. Its primary investment objectives are to preserve, protect and return capital contribution; to pay attractive and consistent cash distributions over the long term; to grow net cash from operations so that an increasing amount of cash flow is available for distributions to investors over the long term; and to realize growth in the value of its investments. Its investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers and solar projects located throughout the United States and its territories. The firm is externally managed by Belpointe PREP Manager, LLC.

Industry: Real Estate Peers: Alpine Income Property Trust, Inc. W. P. Carey Inc. CTO Realty Growth, Inc. FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY GLADSTONE COMMERCIAL CORP NEXPOINT DIVERSIFIED REAL ESTATE TRUST Pacific Oak Strategic Opportunity REIT, Inc. MODIV INDUSTRIAL, INC. ONE LIBERTY PROPERTIES INC