Clipper Realty Inc.
CLPR · XNYSCIK 1649096fmd_1P9YWA2CGXAGA0BB7V5SS9W5NBFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2015 to Sep 30, 2026, 44 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 86 | 96 | 101 | – | – | – | – | – | – | – |
| Total revenues | 93 | 104 | 110 | 116 | 123 | 123 | 130 | 138 | 149 | 153 |
| Cost of revenue | 67 | 74 | 78 | 83 | 92 | 96 | 102 | 105 | 108 | 149 |
| Gross profit | 26 | 30 | 32 | 33 | 31 | 27 | 28 | 33 | 41 | 4 |
| Depreciation and amortization | 15 | 17 | 18 | 20 | 24 | 26 | 27 | 29 | 30 | 31 |
| Gain on sale of real estate | – | – | – | – | – | – | – | – | 0 | (1) |
| Funds from operations (NAREIT definition, derived) | 3 | 11 | 9 | 16 | 11 | 6 | 14 | 13 | 23 | (20) |
| Operating income | 26 | 30 | 32 | 33 | 32 | 24 | 28 | 33 | 41 | 4 |
| Interest expense | 38 | 36 | 33 | 35 | 40 | 41 | 40 | 45 | 47 | 53 |
| Income tax expense | – | 0 | 0 | – | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | (12) | (6) | (9) | (4) | (12) | (20) | (13) | (16) | (7) | (52) |
| Net income to common shareholders | (4) | (2) | (4) | (2) | (5) | (8) | (5) | (6) | (3) | (20) |