← CTO Realty Growth, 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 | $16.2m |
$41.7m
+157.54%
|
$37.2m
-10.91%
|
$115.0m
+209.33%
|
$78.5m
-31.72%
|
$27.6m
-64.83%
|
($1.6m)
-105.88%
|
$758k
+146.70%
|
($8.8m)
-1258.18%
|
$2.6m
+129.39%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $16.2m | $41.7m | $37.2m | $115.0m | $78.5m | $29.9m | $3.2m | $5.5m | ($2.0m) | $10.1m | — | |
| Depreciation, Depletion and Amortization | $8.2m | $12.7m | $15.8m | $15.8m | $19.1m | $20.6m | $28.9m | $44.2m | $65.0m | $60.0m | $62.2m | |
| Amortization of Debt Issuance Costs | $828k | $509k | $495k | $444k | $454k | $586k | $755k | $970k | $1.0m | $1.3m | — | |
| Amortization of Intangible Assets | — | $4.8m | $5.9m | $5.9m | $7.8m | $8.3m | $12.3m | $18.4m | $31.6m | $24.8m | — | |
| Depreciation | $8.2m | $7.9m | $10.3m | $9.9m | $11.3m | $12.3m | $16.6m | $25.7m | $33.5m | $35.2m | $62.2m | |
| Amortization Of Securities | — | — | — | — | — | — | ($174k) | ($137k) | ($276k) | ($733k) | ($866k) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $28.9m | $44.2m | $65.0m | $60.0m | $62.2m | |
| Deferred Income Tax Expense (Benefit) | $11.7m | ($9.1m) | $13.3m | $5.3m | ($83.1m) | ($2.8m) | ($3.0m) | $521k | ($458k) | $158k | $1.2m | |
| Deferred Tax | — | — | — | — | — | — | ($3.0m) | $521k | ($458k) | $158k | $1.2m | |
| Share-based Payment Arrangement, Noncash Expense | $3.2m | $1.4m | $1.7m | $2.7m | $2.8m | $3.2m | $3.2m | $3.7m | $3.6m | $4.2m | $4.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $394k | $498k | $303k | $502k | $436k | $845k | $1.0m | $1.3m | $1.0m | — | |
| Share-based Payment Arrangement, Expense | — | $1.4m | $1.7m | $2.7m | $2.8m | $3.2m | $3.2m | $3.7m | $3.6m | $4.2m | $4.4m | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $1.6m | $676k | $68k | $561k | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $12.3m | ($5.9m) | ($492k) | ($8.4m) | ($7.5m) | |
| Change In Receivables | — | — | — | — | — | — | ($5k) | $202k | $176k | $70k | $0 | |
| Change In Inventory | — | — | — | — | — | — | $7k | ($46k) | $2k | $0 | ($1k) | |
| Increase (Decrease) in Accounts Payable | ($416k) | $362k | ($631k) | $349k | ($340k) | ($370k) | $1.9m | $214k | $522k | ($1.6m) | $14k | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $5.7m | ($2.4m) | $4.6m | ($104k) | $14k | |
| Change In Accrued Expense | — | — | — | — | — | — | $3.9m | ($2.6m) | $4.0m | $1.4m | $3.7m | |
| Increase (Decrease) in Other Operating Assets | $4.1m | $3.5m | $522k | $3.5m | $1.8m | $3.2m | $5.1m | $4.6m | $4.0m | $7.7m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $5.4m | ($3.1m) | ($3.0m) | ($7.7m) | ($11.1m) | |
| Change In Other Current Liabilities | — | — | — | — | — | ($831k) | $0 | $0 | — | — | $0 | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | ($7.0m) | $7.5m | $8.3m | $1.0m | — | |
| Net Cash Provided by (Used in) Operating Activities | $14.3m |
$57.5m
+302.74%
|
$48.7m
-15.45%
|
$16.4m
-66.27%
|
$16.9m
+3.17%
|
$27.6m
+62.89%
|
$56.1m
+103.42%
|
$46.4m
-17.25%
|
$69.3m
+49.39%
|
$64.6m
-6.85%
|
$71.7m
+11.03%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $12.8m | ($94.6m) | $26.4m | $207.6m | ($167.8m) | $129.5m | $40.8m | $84.3m | $37.2m | $84.3m | ($23.5m) | |
| Payments to Acquire Property, Plant, and Equipment | $92.6m | — | — | — | $196.0m | $256.9m | $385.2m | — | — | — | — | |
| Gain (Loss) on Investments | ($576k) | — | — | — | — | — | — | — | — | — | ($21.5m) | |
| Net Other Investing Changes | — | — | — | — | — | — | $8.3m | ($31.8m) | ($34.1m) | $11.0m | ($67.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($23.4m) | ($79.2m) | ($77.9m) | $103.1m | ($91.1m) | ($103.0m) | ($267.6m) | ($52.6m) | ($242.2m) | ($71.5m) | ($128.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $1.1m | ($3.4m) | — | — | — | ($20.4m) | — | |
| Repayments of Long-term Debt | $49.0m | $35.1m | $56.0m | $103.1m | $72.3m | $283.5m | $233.8m | $99.6m | $342.0m | $292.3m | ($449.0m) | |
| Proceeds from Issuance of Long-term Debt | $70.0m | $63.5m | $106.3m | $141.5m | $66.6m | $314.5m | $380.5m | $148.8m | $366.0m | $405.0m | $503.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $380.5m | $148.8m | $366.0m | $405.0m | $503.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $380.5m | $148.8m | $366.0m | $405.0m | $503.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($233.8m) | ($99.6m) | ($342.0m) | ($292.3m) | ($449.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $146.8m | $49.2m | $24.0m | $112.7m | $54.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $146.8m | $49.2m | $24.0m | $112.7m | $54.0m | |
| Repayment Of Debt | — | — | — | — | — | — | ($233.8m) | ($99.6m) | ($342.0m) | ($292.3m) | ($449.0m) | |
| Payments for Repurchase of Common Stock | $7.4m | $7.2m | $9.8m | $41.1m | $4.1m | $2.2m | $2.8m | $6.4m | $664k | $9.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $682k | $997k | $1.5m | $2.2m | $14.5m | $23.6m | $28.9m | $34.3m | $40.3m | $49.0m | ($58.6m) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | $375k | $647k | $648k | $164.8m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($28.9m) | ($34.3m) | ($40.3m) | ($49.0m) | ($51.1m) | |
| Common Stock Issuance | — | — | — | — | — | — | $94.3m | — | $164.8m | — | $164.8m | |
| Common Stock Payments | — | — | — | — | — | — | ($2.8m) | ($6.6m) | ($664k) | ($9.5m) | ($9.4m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $94.3m | $0 | $197.8m | $0 | $158.5m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $91.6m | ($6.6m) | $164.2m | ($9.5m) | $88.1m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($2.8m) | ($6.6m) | ($664k) | ($9.5m) | ($9.4m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($33.7m) | ($39.0m) | ($47.1m) | ($56.6m) | ($58.6m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($4.8m) | ($4.8m) | ($6.8m) | ($7.5m) | ($7.5m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($3.6m) | ($1.2m) | ($2.4m) | ($16.7m) | ($2.7m) | |
| Net Cash Provided by (Used in) Financing Activities | $12.8m |
$20.5m
+59.19%
|
$38.7m
+88.99%
|
($5.8m)
-115.02%
|
($26.9m)
-363.24%
|
$72.9m
+371.18%
|
$201.4m
+176.18%
|
$2.8m
-98.63%
|
$172.3m
+6133.13%
|
$30.7m
-82.21%
|
$81.4m
+165.48%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $31.3m | $21.2m | $17.8m | $17.4m | $18.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($486k) | ($4.6m) | $22.0m | $134.9m | $33.8m | $31.3m | $21.2m | $17.8m | $17.4m | $41.1m | $43.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $7.1m | $8.4m | $10.8m | $9.7m | $7.3m | $9.9m | $21.6m | $21.2m | $26.3m | — | |
| Income Taxes Paid, Net | — | — | — | — | $5.0m | $406k | ($107k) | $118k | $57k | ($166k) | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | $8.6m | $28.2m | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | ($61k) | ($8.2m) | $10.3m | ($1.7m) | ($3.9m) | ($1.1m) | $39k | — | |
| Gain (Loss) on Disposition of Assets | $12.8m | $38 | $22.0m | $22.0m | $9.7m | $28.3m | ($7.0m) | $7.5m | $8.3m | $21.5m | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | ($11.7m) | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | — | — | $807k | — | — | — | — | |
| Gain (Loss) on Sale of Properties | — | — | — | $133.0m | — | — | — | — | — | — | — | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | — | ($353k) | — | $802k | — | — | — | — | |
| General and Administrative Expense | $10.3m | $10.3m | $9.8m | $9.8m | $11.6m | $11.2m | $12.9m | $14.2m | $16.3m | $18.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $16.2m | $41.7m | $39.0m | $16.6m | $78.5m | $29.9m | $3.2m | $5.5m | ($2.0m) | $10.1m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $16.2m | $41.7m | ($1.8m) | $98.4m | $78.5m | $29.9m | $3.2m | $5.5m | ($2.0m) | $10.1m | — | |
| Income Tax Expense (Benefit) | $11.8m | ($9.9m) | $14.2m | $5.5m | ($83.5m) | ($3.1m) | ($2.8m) | $604k | ($339k) | $446k | — | |
| Operating Costs and Expenses | $25.8m | $30.5m | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $33.8m | $51.1m | $45.2m | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $286k | $100k | $100k | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $42.0m | $50.0m | $50.7m | $68.9m | $96.7m | $110.6m | $132.2m | — | |
| Proceeds from Noncontrolling Interests | $103k | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $157k | — | — | — | — | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $852k | $650k | $13.4m | $5.5m | $4.0m | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $201.4m | $2.8m | $172.3m | $30.7m | $81.4m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($267.6m) | ($52.5m) | ($232.7m) | ($71.5m) | ($128.5m) | |
| Change In Account Payable | — | — | — | — | — | — | $1.9m | $214k | $522k | ($1.6m) | $14k | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($10.2m) | ($3.4m) | ($458k) | $23.8m | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | $0 | $0 | $0 | $29k | $37k | |
| Change In Other Working Capital | — | — | — | — | — | — | $1.2m | ($642k) | ($2.2m) | ($730k) | ($172k) | |
| Change In Payable | — | — | — | — | — | — | $1.9m | $214k | $522k | ($1.5m) | $14k | |
| Change In Tax Payable | — | — | — | — | — | — | $0 | $0 | $0 | $29k | $37k | |
| Changes In Cash | — | — | — | — | — | — | ($10.2m) | ($3.4m) | ($458k) | $23.8m | $24.7m | |
| End Cash Position | — | — | — | — | — | — | $21.2m | $17.8m | $17.4m | $41.1m | $43.5m | |
| Financing Cash Flow | — | — | — | — | — | — | $201.4m |
$2.8m
-98.63%
|
$172.3m
+6133.13%
|
$30.7m
-82.21%
|
$81.4m
+165.48%
|
|
| Free Cash Flow | — | — | — | — | — | — | $56.1m | $46.3m | $59.9m | $64.6m | $71.7m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($4.7m) | ($7.5m) | ($8.3m) | ($21.5m) | ($21.5m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $0 | $11.7m | $0 | $0 | — | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($267.6m) | ($52.5m) | ($232.7m) | ($71.5m) | ($128.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $23.9m | $0 | $0 | — | — | — | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($313.9m) | ($102.9m) | ($236.9m) | ($160.2m) | ($230.0m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($2.7m) | ($2.1m) | $1.2m | ($6.6m) | ($5.1m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $40.8m | $84.3m | $37.2m | $84.3m | $174.2m | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | $0 | $0 | $33.0m | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | $7.0m | ($7.5m) | ($8.3m) | ($1.0m) | ($23.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | $3.0m | $588k | $923k | $300k | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $315k | $375k | $647k | $648k | $608k | |
| Purchase Of Investment | — | — | — | — | — | — | ($2.7m) | ($3.2m) | ($447k) | ($9.0m) | ($10.6m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($313.9m) | ($102.9m) | ($241.9m) | ($160.2m) | ($10.6m) | |
| Sale Of Business | — | — | — | — | — | $23.9m | $0 | $0 | — | — | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $1.2m | $1.7m | $2.5m | $5.4m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $0 | $0 | $5.0m | $0 | $5.4m | |
| Sale Of PPE | — | — | — | — | — | — | $40.8m | $84.3m | $37.2m | $84.3m | $174.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $3.2m | $3.7m | $3.6m | $4.2m | $4.4m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $1.7m | $3.9m | $1.1m | ($39k) | ($16.6m) |