Clipper Realty 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	153.2	148.78	138.21	129.75	122.73
Revenue	153.2	148.78	138.21	129.75	122.73
Revenue Growth (YoY)	2.98%	7.65%	6.52%	5.72%	-0.10%
Property Expenses	37.99	34.16	30.62	29.31	29
Total Property Expenses	37.99	34.16	30.62	29.31	29
Property Taxes	30.39	29.77	31.95	32.56	30.45
Gross Profit	84.82	84.84	75.64	67.88	63.28
Selling, General & Admin	15.52	14.15	13.17	12.75	10.57
Depreciation & Amortization Expenses	31.33	29.89	28.94	26.99	25.76
Other Operating Expenses	33.77	-	0.36	0.51	0.06
Operating Income	4.18	40.53	33.17	27.64	24.16
Net Gains on Disposal of Properties	-0.86	-	-	-	-
Interest Expense	-53.03	-47.11	-44.87	-40.21	-41.28
Other Non-Operating Income (Expense)	-2.65	-0.27	-3.87	-	-5.9
Total Non-Operating Income (Expense)	-56.54	-47.38	-48.74	-40.21	-47.19
Pretax Income	-52.36	-6.85	-15.57	-12.57	-23.03
Net Income	-19.9	-2.5	-5.9	-4.76	-7.59
Minority Interest in Earnings	-32.44	-4.08	-9.67	-7.81	-12.43
Net Income to Common	-19.9	-2.5	-5.9	-4.76	-7.59
Shares Outstanding (Basic)	16	16	16	13	17
Shares Outstanding (Diluted)	16	16	42	13	17
Shares Change (YoY)	0.17%	-61.96%	220.25%	-22.04%	-61.37%
EPS (Basic)	-1.38	-0.25	-0.45	-0.36	0.04
EPS (Diluted)	-1.38	-0.25	-0.45	-0.36	0.04
Free Cash Flow	-8.73	-36.92	-15.17	-25.31	-24.71
Free Cash Flow Per Share	-0.54	-2.29	-0.36	-	-1.46
Dividends Per Share	0.380	0.380	0.380	0.380	0.380
Gross Margin	55.37%	57.03%	54.73%	52.32%	51.56%
Operating Margin	2.73%	27.24%	24.00%	21.30%	19.69%
Profit Margin	-34.16%	-4.42%	-11.26%	-9.69%	-16.31%
FCF Margin	-5.70%	-24.82%	-10.98%	-19.51%	-20.13%
EBITDA	35.99	70.9	62.59	55.1	50.4
EBITDA Margin	23.49%	47.66%	45.29%	42.47%	41.07%
EBIT	4.18	40.53	33.17	27.64	24.16
EBIT Margin	2.73%	27.24%	24.00%	21.30%	19.69%

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

SEC Filings: 10-K · 10-Q