← Clipper Realty Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | ($3.8m) |
($2.4m)
+37.00%
|
($3.6m)
-53.62%
|
($1.7m)
+54.17%
|
($4.9m)
-194.65%
|
($7.6m)
-54.65%
|
($4.8m)
+37.21%
|
($5.9m)
-23.85%
|
($2.5m)
+57.63%
|
($19.9m)
-696.00%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($12.3m) | ($6.0m) | ($9.0m) | ($4.1m) | ($12.2m) | ($20.0m) | ($12.6m) | ($15.6m) | ($6.6m) | ($52.3m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($8.6m) | ($3.6m) | ($5.4m) | ($2.5m) | ($7.3m) | ($12.4m) | ($7.8m) | ($9.7m) | ($4.1m) | ($32.4m) | — | |
| Depreciation and amortization | $15.3m | $16.7m | $18.0m | $19.6m | $23.6m | $25.8m | $27.0m | $28.9m | $29.9m | $31.3m | $32.3m | |
| Amortization of Debt Issuance Costs | $5.2m | $2.9m | $1.3m | $1.7m | $1.2m | $1.2m | $1.3m | $1.7m | $2.1m | $2.7m | — | |
| Amortization of Intangible Assets | — | $2.8m | $1.7m | $118k | $963k | $0 | $687k | $595k | $587k | $583k | — | |
| Depreciation | $13.5m | $15.5m | $16.8m | $19.0m | $23.1m | $25.5m | $26.8m | $28.8m | $29.8m | $31.2m | $32.3m | |
| Amortization Cash Flow | — | — | — | — | — | ($104k) | ($35k) | ($18k) | $0 | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | ($104k) | ($35k) | ($18k) | $0 | — | ($34k) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $26.7m | $28.8m | $29.8m | $31.2m | $32.3m | |
| Share-based Payment Arrangement, Noncash Expense | $2.5m | $3.1m | $1.9m | $1.5m | $1.8m | $2.6m | $2.9m | $3.0m | $2.7m | $4.3m | $4.2m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | $0 | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | ($236k) | ($87k) | $30k | $33.8m | ($13k) | |
| Change In Working Capital | — | — | — | — | — | — | $1.5m | $3.6m | $3.0m | ($1.3m) | $15.9m | |
| Change In Receivables | — | — | — | — | — | — | ($310k) | ($86k) | ($1.2m) | ($2.4m) | $2.0m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $1.2m | ($707k) | ($948k) | $4.1m | $8.8m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($22k) | $900k | $345k | $1.6m | $3.2m | |
| Net Cash Provided by (Used in) Operating Activities | $9.3m |
$10.4m
+11.66%
|
$27.3m
+161.07%
|
$23.8m
-12.78%
|
$16.0m
-32.74%
|
$10.8m
-32.32%
|
$20.1m
+86.09%
|
$26.2m
+30.02%
|
$31.9m
+21.68%
|
$22.6m
-29.16%
|
$25.5m
+13.09%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $18.2m | $22.7m | $45.6m | $42.6m | $33.2m | $80.8m | $52.1m | $46.3m | $69.7m | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($121.3m) | ($187.7m) | ($39.3m) | ($74.9m) | ($31.7m) | ($77.9m) | ($51.5m) | ($41.4m) | ($68.8m) | $12.1m | ($10.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($8.9m) | ($2.4m) | ($4.2m) | ($3.0m) | $0 | ($3.9m) | $0 | ($2.6m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $29.4m | $132.5m | $58.3m | $254.9m | $91.8m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $29.4m | $132.5m | $58.3m | $254.9m | $91.8m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.2m) | ($84.7m) | ($2.0m) | ($244.1m) | ($81.8m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $27.2m | $47.8m | $56.3m | $10.9m | $9.9m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $27.2m | $47.8m | $56.3m | $10.9m | $9.9m | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.2m) | ($84.7m) | ($2.0m) | ($244.1m) | ($81.8m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $10.0m | $0 | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($17.1m) | ($17.4m) | ($17.6m) | ($18.5m) | ($18.6m) | |
| Dividends paid | $10.0m | $16.6m | $17.0m | $17.1m | $17.2m | $16.8m | $17.1m | $17.4m | $17.6m | $18.5m | ($18.6m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($17.1m) | ($17.4m) | ($17.6m) | ($18.5m) | ($18.6m) | |
| Net Other Financing Charges | — | — | — | — | — | ($7.3m) | ($335k) | ($9.7m) | — | ($7.0m) | ($4.2m) | |
| Net Cash Provided by (Used in) Financing Activities | $24.1m |
$147.6m
+511.22%
|
$41.1m
-72.14%
|
$62.2m
+51.24%
|
$47.8m
-23.11%
|
$30.3m
-36.61%
|
$9.8m
-67.74%
|
$20.7m
+112.00%
|
$38.7m
+86.90%
|
($14.6m)
-137.58%
|
($12.9m)
+11.07%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $11.1m | $32.1m | ($36.8m) | ($21.6m) | $5.6m | $1.8m | $20.1m | $62.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $52.2m | $30.7m | $36.2m | $38.1m | $60.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($27.0m) | $24.2m | $56.9m | $89.0m | $52.2m | $30.7m | $36.2m | $38.1m | $58.2m | $62.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $8.3m | $4.9m | $12.3m | $4.5m | $5.2m | $7.3m | $335k | $9.7m | $0 | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $33.5m | $33.6m | $31.1m | $34.0m | $39.6m | $40.2m | $39.0m | $45.3m | $44.0m | $49.0m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Derivative Instruments, Net, Pretax | $139k | ($261k) | $208k | — | $0 | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | — | ($857k) | — | |
| Gain (Loss) on Termination of Lease | — | — | $0 | $0 | $838k | $0 | — | — | — | $0 | — | |
| General and Administrative Expense | $8.4m | $9.9m | $9.9m | $9.2m | $9.7m | $10.6m | $12.8m | $13.2m | $14.2m | $15.5m | — | |
| Income Tax Expense (Benefit) | — | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Insured Event, Gain (Loss) | — | — | $194k | — | $85k | $139k | $0 | — | — | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | ($47.1m) | ($53.0m) | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $116.2m | $122.8m | $122.7m | $129.7m | $138.2m | $148.8m | $153.2m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $9.8m | $20.7m | $38.7m | ($14.6m) | ($12.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($51.5m) | ($41.4m) | ($68.8m) | $12.1m | ($10.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($21.6m) | $5.6m | $1.8m | $20.1m | — | |
| Change In Prepaid Assets | — | — | — | — | — | — | $616k | $3.5m | $4.8m | ($4.5m) | $1.9m | |
| Changes In Cash | — | — | — | — | — | — | ($21.6m) | $5.6m | $1.8m | $20.1m | $1.7m | |
| End Cash Position | — | — | — | — | — | — | $30.7m | $36.2m | $38.1m | $58.2m | $62.6m | |
| Financing Cash Flow | — | — | — | — | — | — | $9.8m |
$20.7m
+112.00%
|
$38.7m
+86.90%
|
($14.6m)
-137.58%
|
($12.9m)
+11.07%
|
|
| Free Cash Flow | — | — | — | — | — | — | $20.1m | $26.2m | $31.9m | $22.6m | $25.5m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | — | — | $0 | $857k | $172k | |
| Investing Cash Flow | — | — | — | — | — | — | ($51.5m) | ($41.4m) | ($68.8m) | $12.1m | ($10.8m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($2.0m) | $2.0m | $0 | — | — | $0 | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($53.5m) | ($41.4m) | ($68.8m) | $12.2m | ($10.8m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | — | — | $0 | ($97k) | $0 | |
| Operating Gains Losses | — | — | — | — | — | $3.0m | — | $3.9m | — | $3.5m | $3.5m | |
| Other Non Cash Items | — | — | — | — | — | — | $1.8m | $2.5m | $3.0m | $3.4m | — | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($53.5m) | ($41.4m) | ($68.8m) | ($31.3m) | ($10.8m) | |
| Sale Of Business | — | — | — | — | — | — | $2.0m | $0 | — | — | — | |
| Sale Of Investment Properties | — | — | — | — | — | — | — | — | $0 | $43.5m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $2.9m | $3.0m | $2.7m | $4.3m | $4.2m |