Orion Properties Inc. (ONL)

Orion Properties Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	154.86	164.06	194.24	207.35	79.46	53.47
Other Revenue	-0.06	0.07	0.37	0.24	0.22	-
Total Revenue	154.8	164.12	194.61	207.59	79.68	53.47
Revenue Growth (YoY	-19.22%	-15.66%	-6.26%	160.55%	49.00%	0.02%
Property Expenses	66.1	65.69	61.29	63.16	21.32	5.77
Selling, General & Administrative	20.04	20.09	18.72	15.91	3.83	2.05
Depreciation & Amortization	92.34	100.82	109.11	131.37	43.92	25.95
Total Operating Expenses	178.47	186.6	189.12	210.43	69.07	33.77
Operating Income	-23.68	-22.48	5.49	-2.84	10.6	19.7
Interest Expense	-32.65	-32.64	-29.67	-30.17	-4.27	-2.93
Other Non-Operating Income	1.08	0.99	0.91	0.22	-	-
EBT Excluding Unusual Items	-55.25	-54.13	-23.27	-32.79	6.33	16.77
Gain (Loss) on Sale of Assets	-	-	0.03	2.35	-	-
Asset Writedown	-29.58	-47.55	-33.11	-66.36	-49.86	-18.67
Other Unusual Items	-1.08	-1.08	-0.5	-0.47	-3.78	-
Pretax Income	-85.9	-102.76	-56.86	-97.26	-47.31	-1.9
Income Tax Expense	0.2	0.21	0.46	0.21	0.16	-
Earnings From Continuing Operations	-86.11	-102.98	-57.31	-97.47	-47.46	-1.9
Minority Interest in Earnings	-0.04	-0.04	0.01	-0.02	-0.02	-
Net Income	-86.14	-103.01	-57.3	-97.49	-47.48	-1.9
Net Income to Common	-86.14	-103.01	-57.3	-97.49	-47.48	-1.9
Basic Shares Outstanding	56	56	56	57	57	57
Diluted Shares Outstanding	56	56	56	57	57	57
Shares Change (YoY)	-0.42%	-0.90%	-0.39%	0.01%	-	-
EPS (Basic)	-1.54	-1.84	-1.02	-1.72	-0.84	-0.03
EPS (Diluted)	-1.54	-1.84	-1.02	-1.72	-0.84	-0.03
Dividend Per Share	0.320	0.400	0.400	0.400	-	-
Operating Margin	-15.30%	-13.70%	2.82%	-1.37%	13.30%	36.85%
Profit Margin	-55.65%	-62.77%	-29.45%	-46.96%	-59.59%	-3.55%
EBITDA	67.66	77.24	113.4	127.33	53.52	44.85
EBITDA Margin	43.71%	47.06%	58.27%	61.33%	67.18%	83.88%
D&A For Ebitda	91.34	99.72	107.91	130.17	42.92	25.15
EBIT	-23.68	-22.48	5.49	-2.84	10.6	19.7
EBIT Margin	-15.30%	-13.70%	2.82%	-1.37%	13.30%	36.85%
Funds From Operations (FFO)	37.49	47.08	86.64	99.66	-	-
FFO Per Share	0.67	0.84	1.54	1.76	-	-
Adjusted Funds From Operations (AFFO)	-	47.08	86.64	99.66	-	-
AFFO Per Share	-	0.84	1.54	1.76	-	-
FFO Payout Ratio	59.67%	47.48%	26.06%	17.05%	-	-
Revenue as Reported	155.67	164.86	195.04	208.12	79.73	53.47

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q