Bluerock Homes Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	68.14	48.58	41	32.86	9.28
Revenue	68.73	50.21	41.09	34.14	14.63
Revenue Growth (YoY)	36.88%	22.20%	20.35%	133.38%	98.53%
Property Expenses	33.19	24.14	19.16	15.17	3.23
Service and Other Expenses	5.37	4.72	4.42	3.83	0.55
Total Property Expenses	38.56	28.86	23.58	19.01	3.78
Gross Profit	30.18	21.36	17.51	15.14	10.85
Selling, General & Admin	22.14	19.96	17.75	9.06	4.57
Depreciation & Amortization Expenses	29.42	19.94	16.18	16.01	5.89
Other Operating Expenses	0.06	0.17	-0.02	0.03	-
Operating Income	-21.44	-18.71	-16.39	-9.95	0.39
Net Gains on Disposal of Properties	-4.22	7.08	-1.02	-	-
Interest Income	6.91	7.05	2.7	1.29	5.36
Interest Expense	-23.99	-18.09	-13.1	-5.7	-2.92
Other Non-Operating Income (Expense)	12.36	12.21	12.14	9.41	3.47
Total Non-Operating Income (Expense)	-8.93	8.25	0.72	5	5.91
Pretax Income	-30.97	-12.09	-15.67	-4.95	6.3
Provision for Income Taxes	1.63	-	-	-	-
Net Income	-11.49	-4.23	-38.69	-15.15	34.33
Minority Interest in Earnings	-69.7	-24.25	22.79	9.85	-154.96
Net Income Attributable to Preferred Dividends	13.74	4.27	0.13	-	-
Earnings From Discontinued Operations	-	-	-	0.62	221.72
Net Income to Common	-11.49	-4.23	-38.69	-15.15	34.33
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	0.86%	0.28%	0.05%	-	-
EPS (Basic)	-3.02	-1.10	-1.30	-0.29	8.93
EPS (Diluted)	-3.02	-1.10	-1.30	-0.29	8.93
Free Cash Flow	-216.06	-248.46	-6.49	-162.96	-246.88
Free Cash Flow Per Share	-55.55	-64.43	-1.69	-42.40	-64.23
Dividends Per Share	0.500	-	-	-	-
Gross Margin	43.90%	42.53%	42.62%	44.34%	74.16%
Operating Margin	-31.19%	-37.27%	-39.89%	-29.14%	2.66%
Profit Margin	-47.43%	-24.08%	-38.37%	-17.35%	43.06%
FCF Margin	-314.34%	-494.80%	-15.79%	-477.28%	-1687.46%
EBITDA	10.25	2.85	2.88	8.82	10.22
EBITDA Margin	14.92%	5.68%	7.01%	25.83%	69.83%
EBIT	-21.44	-18.71	-16.39	-9.95	0.39
EBIT Margin	-31.19%	-37.27%	-39.89%	-29.14%	2.66%
Effective Tax Rate	-5.27%	0.00%	0.00%	0.00%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q