Alpine Income Property Trust, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $60.5M | $52.2M | $45.6M | $45.2M | $30.1M |
| Gross profit | $52.1M | $44.0M | $39.0M | $39.8M | — |
| Operating expenses | $49.5M | $41.7M | $41.9M | $34.8M | $24.6M |
| Operating income | $13.1M | $14.0M | $13.1M | $43.5M | $15.2M |
| Interest expense | $16.3M | $12.0M | $10.2M | — | — |
| Net income | -$2.7M | $2.1M | $2.9M | $29.7M | $10.0M |
| Balance Sheet | |||||
| Cash and equivalents | $4.6M | $1.6M | $4.0M | $9.0M | $8.9M |
| Total assets | $715.9M | $605.0M | $564.6M | $573.4M | $505.5M |
| Total liabilities | $414.6M | $328.5M | $288.9M | $278.1M | $277.6M |
| Total debt | $378.0M | $302.0M | $276.5M | $268.2M | $269.0M |
| Stockholders' equity | $279.9M | $253.0M | $250.7M | $261.6M | $196.5M |
| Cash Flow Statement | |||||
| Cash from operations | $25.8M | $23.4M | $23.2M | $24.7M | $17.2M |
| Depreciation and amortization | $27.4M | $25.6M | $25.8M | $23.6M | $15.9M |
| Stock-based compensation | $380,000 | $247,000 | $318,000 | $310,000 | $309,000 |
| Capital expenditure | $244.5M | $132.4M | $119.9M | $189.1M | $223.4M |
| Free cash flow | -$218.7M | -$109.0M | -$96.7M | -$164.5M | -$206.2M |
| Dividends paid | $17.7M | $16.8M | $17.1M | $15.1M | $12.2M |
| Share repurchases | $8.8M | $775,000 | $14.6M | $0 | $0 |
| Impairments | $7.4M | $1.7M | $3.2M | — | — |
Shares outstanding 16.5M · Free float 85.0%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.