Rithm Property Trust (RPT)
Externally managed REIT shifting into commercial real estate investments.
$11.06
vs last close−0.24 (−2.12%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | −28 | −66 | −8 | 9 | 13 | 8 | 5 | 11 | 13 | 13 | 12 |
| Cost of revenue | 17 | 2 | 19 | 1 | 3 | 2 | 9 | 0 | 9 | 2 | 2 | 2 |
| Gross profit | 38 | −30 | −66 | −10 | −3 | 11 | −2 | 4 | 2 | 10 | 11 | 10 |
| −1 | 3 | −66 | 8 | 3 | 2 | 2 | 3 | 2 | 7 | 3 | −1 | |
| 1 | 3 | 1 | 8 | 1 | 0 | 0 | 3 | 1 | 1 | 1 | 4 | |
| Selling & marketing | −9 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 10 | 3 | 1 | 7 | 1 | 0 | 0 | 3 | 1 | 1 | 1 | 4 |
| Other expenses | −2 | 0 | −67 | 0 | 3 | 2 | 1 | 0 | 1 | 6 | 2 | −5 |
| Operating income | 9 | −33 | −59 | −17 | 1 | 11 | −4 | 1 | 0 | 3 | 7 | 2 |
| −14 | 10 | −73 | 4 | −9 | −9 | −9 | 1 | −9 | −14 | −9 | −8 | |
| Interest income | 18 | 18 | 16 | 12 | 12 | 13 | 13 | 14 | 13 | 13 | 13 | 12 |
| Interest expense | 9 | 14 | 14 | 12 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 |
| Other non-operating income | 9 | −33 | 0 | −17 | 1 | 0 | 0 | 1 | 0 | 5 | 0 | 0 |
| Income before tax | −6 | −23 | −73 | −14 | −8 | 2 | −4 | 2 | 0 | 3 | −2 | 2 |
| Income tax expense | 0 | 0 | 1 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −6 | −23 | −74 | −13 | −8 | 2 | −3 | 2 | 0 | 3 | −2 | 2 |
| Other adjustments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −6 | −23 | −74 | −13 | −8 | 3 | −3 | 2 | 0 | 3 | −2 | 2 |
| EPS, basic | −$0.43 | −$5.04 | −$14.52 | −$1.92 | −$1.08 | $0.36 | −$0.48 | $0.08 | −$0.21 | $0.26 | −$0.43 | $0.09 |
| EPS, diluted | −$0.43 | −$5.04 | −$14.46 | −$1.92 | −$1.08 | $0.36 | −$0.48 | $0.08 | −$0.21 | $0.26 | −$0.43 | $0.09 |
| Weighted average shares, basic | 14 | 4 | 5 | 7 | 8 | 7 | 8 | 8 | 8 | 8 | 8 | 8 |
| Weighted average shares, diluted | 14 | 4 | 5 | 7 | 8 | 7 | 8 | 8 | 8 | 8 | 8 | 8 |
| EBITDA | 16 | 0 | 0 | 0 | 1 | 11 | −4 | 0 | 0 | 3 | −2 | 10 |
| Depreciation & amortization | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 0 | 0 | 0 | 0 | 1 | 11 | −4 | 0 | 0 | 3 | −2 | 10 |