Star Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	62.11	66.86	79.17	74.61	205.93	186.27
Other Revenue	55.44	46.44	43.88	49.47	66.25	84.87
Revenue	117.55	113.3	123.05	124.08	272.18	271.14
Revenue Growth (YoY)	-0.17%	-7.93%	-0.83%	-54.41%	0.38%	6.59%
Cost of Revenue	86.19	97.56	112.15	158.34	209	232.21
Gross Profit	31.36	15.74	10.9	-34.26	63.17	38.93
Selling, General & Admin	15.88	21.12	36.2	10.94	46.34	40.14
Other Operating Expenses	0.01	0.06	0.79	0.49	0.52	0.27
Operating Expenses	19.9	25.52	41.56	16.34	53.34	46.51
Operating Income	11.46	-9.78	-30.66	-50.61	9.83	-7.58
Interest Expense	-16.53	-15.75	-22.97	-42.04	-51.37	-62.18
Earnings From Equity Investments	-	-	30.83	45.63	83.46	5.9
EBT Excluding Unusual Items	-5.07	-25.53	-22.81	-47.02	41.92	-63.85
Gain (Loss) on Sale of Investments	-145.23	-66.53	-171.39	-	17.64	23.92
Gain (Loss) on Sale of Assets	-	3.7	-	25.19	26.32	0.26
Asset Writedown	-	-	-	-14.48	-0.68	-5.79
Other Unusual Items	-0.07	-	-2.09	-	-	-
Pretax Income	-150.38	-88.36	-196.29	-36.31	85.2	-45.46
Income Tax Expense	-	0	-	-	22.53	-17.48
Earnings From Continuing Operations	-150.38	-88.36	-196.29	-36.31	62.67	-27.98
Minority Interest in Earnings	2.71	1.61	-0.07	-0.04	0.07	0.2
Net Income	-147.67	-86.76	-196.36	-36.35	62.75	-27.78
Net Income to Common	-147.67	-86.76	-196.36	-36.35	62.75	-27.78
Shares Outstanding (Basic)	13	13	13	13	13	-
Shares Outstanding (Diluted)	13	13	13	13	13	-
EPS (Basic)	-11.12	-6.51	-14.74	-2.73	4.71	-
EPS (Diluted)	-11.12	-6.51	-14.74	-2.73	4.71	-
Gross Margin	26.68%	13.89%	8.86%	-27.62%	23.21%	14.36%
Operating Margin	9.75%	-8.63%	-24.92%	-40.78%	3.61%	-2.79%
Profit Margin	-125.63%	-76.57%	-159.57%	-29.29%	23.05%	-10.25%
EBITDA	15.47	-5.45	-26.09	-45.7	16.32	-1.48
EBITDA Margin	13.16%	-4.81%	-21.20%	-36.83%	6.00%	-0.55%
D&A For EBITDA	4	4.33	4.57	4.91	6.49	6.1
EBIT	11.46	-9.78	-30.66	-50.61	9.83	-7.58
EBIT Margin	9.75%	-8.63%	-24.92%	-40.78%	3.61%	-2.79%
Effective Tax Rate	-	-	-	-	26.44%	-
Revenue as Reported	117.55	113.3	123.05	124.08	272.18	271.14

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q