Belpointe PREP, LLC Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Net Income	-43.71	-40.05	-23.86	-14.35	-7.68	-3.14
Depreciation & Amortization	13.42	10.78	5.51	1.25	1.06	0.48
Gain (Loss) on Sale of Investments	-0.03	0.03	0.23	0.07	-	-0.25
Asset Writedown	-	-	0.78	4.06	-	-
Change in Accounts Payable	0.12	-0.13	-0.25	0.48	-0.19	-0.09
Change in Other Net Operating Assets	1.09	1.22	3.9	1.57	0.71	0.63
Other Operating Activities	2.92	2.94	-	-0.01	-0.56	0.09
Operating Cash Flow	-26.19	-25.21	-13.69	-6.95	-6.65	-2.27
Operating Cash Flow Growth	-	-	-	-	-	-
Acquisition of Real Estate Assets	-28.79	-61.79	-137.85	-144.92	-66.85	-60
Net Sale / Acq. of Real Estate Assets	-28.79	-61.79	-137.85	-144.92	-66.85	-60
Cash Acquisition	-	-	-	-	0.09	16.67
Other Investing Activities	-0.28	-0.19	-0.24	-0.2	-0.23	-0.04
Investing Cash Flow	-34.07	-61.98	-138.09	-145.12	-63.53	-43.37
Short-Term Debt Issued	-	-	2.6	5.5	-	39
Long-Term Debt Issued	-	244.35	158.52	21.87	-	-
Total Debt Issued	212.95	244.35	161.12	27.37	-	39
Short-Term Debt Repaid	-	-2.6	-4	-1.5	-	-
Long-Term Debt Repaid	-	-164.37	-	-	-10.8	-
Total Debt Repaid	-168.47	-166.97	-4	-1.5	-10.8	-
Net Debt Issued (Repaid)	44.48	77.38	157.12	25.87	-10.8	39
Issuance of Common Stock	11.02	11.26	3.06	7.93	34.43	192.91
Other Financing Activities	-2.94	-1.61	-3.16	-3.12	-0.82	-0.51
Net Cash Flow	-7.71	-0.16	5.25	-121.38	-47.38	185.77
Levered Free Cash Flow	-27.96	-18.74	-9.17	10.67	27.25	-22.1
Unlevered Free Cash Flow	-14.79	-7.84	-2.91	10.67	27.25	-22.1
Change in Working Capital	1.2	1.09	3.65	2.04	0.53	0.55

SEC Filings: 10-K · 10-Q