Alpine Income Property Trust, Inc. (PINE)

PINE Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	0.75	-2.89	2.25	3.27	33.96	11.46
Depreciation & Amortization	27.29	27.38	25.59	25.76	23.56	15.94
Stock-Based Compensation	0.38	0.38	0.25	0.32	0.31	0.31
Other Adjustments	3.73	5	-1.73	-5.84	-33.53	-9.57
Changes in Accounts Payable	-1.02	-1.03	0.88	0.13	0.22	0.67
Changes in Unearned Revenue	-7.03	-2.77	-2.33	-0.25	-0.25	0.98
Changes in Other Operating Activities	-1.9	-0.33	-1.49	-0.22	-0.34	-2.59
Operating Cash Flow	22.21	25.75	23.42	23.17	24.65	17.2
Operating Cash Flow Growth	-9.99%	9.94%	1.11%	-6.02%	43.33%	83.10%
Capital Expenditures	-61.33	-101.32	-73.73	-84.14	-189.15	-223.41
Sale of Property, Plant & Equipment	63.63	69.25	60.2	106.3	150.37	27.42
Purchases of Investments	-172.06	-135.91	-57.85	-35.42	-	-
Proceeds from Sale of Investments	65.05	57.71	2.93	-	-	-
Other Investing Activities	7.89	13.64	13.59	2.48	-	-
Investing Cash Flow	-79	-103.86	-55.66	-11.1	-38.78	-195.99
Long-Term Debt Issued	399.59	216	122.4	31.75	277	294.62
Long-Term Debt Repaid	-395.09	-140	-96.9	-23.5	-277.75	-162.43
Net Long-Term Debt Issued (Repaid)	4.5	76	25.5	8.25	-0.75	132.19
Issuance of Common Stock	48.45	12.26	18.61	12.12	35.65	67.77
Repurchase of Common Stock	-4.32	-8.8	-0.78	-14.62	-	-
Net Common Stock Issued (Repurchased)	44.14	3.46	17.83	-2.49	35.65	67.77
Common Dividends Paid	-18.52	-17.74	-16.79	-17.06	-	-
Preferred Share Dividends Paid	-1.12	-0.55	-	-	-	-
Other Financing Activities	-4.34	-0.14	-0.09	-0.07	-2.11	-1.4
Financing Cash Flow	72.27	109.16	26.46	-11.38	17.67	186.4
Net Cash Flow	15.47	31.05	-5.78	0.69	3.55	7.6
Free Cash Flow	-39.12	-75.56	-50.31	-60.97	-164.5	-206.21
FCF Margin	-60.43%	-124.83%	-96.33%	-133.58%	-364.00%	-684.48%
Free Cash Flow Per Share	-2.48	-4.86	-3.34	-3.92	-12.03	-18.34
Levered Free Cash Flow	-39.9	-5.27	-23.52	-47.55	-136.99	-66.25
Unlevered Free Cash Flow	-27.51	-67	-40.51	-54.93	-155.55	-202.92

Updated Apr 23, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q