Financials in USD. Standardized financial statements.
A compact view of how Belpointe PREP, LLC turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $9.19M | $2.67M | $2.25M | $1.39M | $997,000 | $101,000 |
| Revenue Growth? | +243.4% | +18.7% | +62.0% | +39.5% | +887.1% | 0.0% |
| Cost of Revenue? | $32.38M | $6.84M | $4.18M | $3.81M | $1.14M | $48,000 |
| Gross Profit? | -$23.19M | -$4.16M | -$1.93M | -$2.42M | -$143,000 | $53,000 |
| Gross Margin? | -252.5% | -155.7% | -85.4% | -173.8% | -14.3% | +52.5% |
| Operating Expenses? | -$2.51M | $9.33M | $8.40M | $7.09M | $3.51M | $156,000 |
| Operating Income? | -$20.68M | -$13.49M | -$10.33M | -$9.51M | -$3.65M | -$103,000 |
| EBITDA? | -$13.92M | -$8.34M | -$12.29M | -$8.22M | -$3.07M | -$60,000 |
| Income Before Tax | -$40.07M | -$23.86M | -$14.36M | -$8.13M | -$3.04M | -$112,000 |
| Income Tax Expense | $0 | $1,000 | $1,000 | $112,000 | $0 | $0 |
| Net Income? | -$40.05M | -$23.86M | -$14.35M | -$7.68M | -$3.13M | -$112,000 |
| EPS? | $-10.72 | $-6.55 | $-4.04 | $-2.25 | $-1.35 | $-1408613.67 |
| Diluted EPS? | $-10.72 | $-6.57 | $-4.04 | $-2.25 | $-1.35 | $-1408613.67 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality