Alpine Income Property Trust, Inc. (PINE)

PINE Cash Flow 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-0.7	2.07	2.92	29.72	9.96	0.99
Depreciation & Amortization	26.33	25.08	25.34	23.24	15.68	9.84
Other Amortization	0.75	0.72	0.71	0.6	0.36	0.19
Gain (Loss) on Sale of Assets	-4.61	-3.44	-9.33	-33.8	-9.68	-0.29
Asset Writedown	5.24	1.09	2.92	-	-	-
Stock-Based Compensation	0.28	0.25	0.32	0.31	0.31	0.27
Change in Accounts Receivable	-0.72	-0.52	-0.4	-0.94	-0.61	-1.52
Change in Accounts Payable	-0.11	0.94	0.67	0.22	0.67	0
Change in Other Net Operating Assets	-0.83	-0.97	0.19	0.6	-1.98	-1.21
Other Operating Activities	-0.36	0.01	0.33	4.96	1.5	0.16
Operating Cash Flow	25.74	25.61	25.64	24.65	17.2	9.39
Operating Cash Flow Growth	-3.80%	-0.14%	4.02%	43.33%	83.10%	5.46%
Acquisition of Real Estate Assets	-98.92	-74.52	-84.47	-189.15	-223.41	-118.81
Sale of Real Estate Assets	80.64	60.2	106.3	150.37	27.42	4.93
Net Sale / Acq. of Real Estate Assets	-18.28	-14.33	21.84	-38.78	-195.99	-113.88
Investment in Marketable & Equity Securities	13.63	13.63	-	-	-	-
Other Investing Activities	-11.36	-2.23	-	-	-	-
Investing Cash Flow	-96.12	-57.84	-13.58	-38.78	-195.99	-113.88
Long-Term Debt Issued	-	122.4	31.75	277	294.62	115.5
Long-Term Debt Repaid	-	-96.9	-23.5	-277.75	-162.43	-8.69
Net Debt Issued (Repaid)	84	25.5	8.25	-0.75	132.19	106.81
Issuance of Common Stock	18.61	18.61	12.12	35.65	67.77	-
Repurchase of Common Stock	-8.8	-0.78	-14.62	-	-	-5.01
Common Dividends Paid	-16.12	-15.43	-15.32	-13.26	-10.67	-6.2
Other Financing Activities	-1.58	-1.45	-1.82	-3.96	-2.9	-1.56
Net Cash Flow	5.73	-5.78	0.69	3.55	7.6	-10.45
Cash Interest Paid	13.15	11.97	9.25	7.75	3.13	1.23
Levered Free Cash Flow	-35.08	-22.44	-19.93	22.38	15.34	8.87
Unlevered Free Cash Flow	-26.99	-15.65	-14.29	27.74	17.29	9.6
Change in Working Capital	-1.79	-0.76	2.14	-0.37	-0.94	-1.76

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q