First Real Estate Investment Trust of New Jersey, Inc.
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) Financial Performance & Income Statement Overview
Explore the financials of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), including yearly and quarterly data on income, cash flow, and balance sheets.
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) Income Statement & Financial Overview
Access detailed annual and quarterly income data for First Real Estate Investment Trust of New Jersey, Inc. FREVS financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $7.26M | $7.15M | $7.28M | $7.00M |
| Cost of Revenue | $480000.00 | $3.88M | $4.33M | $4.23M |
| Gross Profit | $6.78M | $3.27M | $2.95M | $2.77M |
| Gross Profit Ratio | $0.93 | $0.46 | $0.41 | $0.40 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $331000.00 | $0.00 |
| Operating Expenses | $6.78M | $0.00 | $1.01M | $1.81M |
| Total Costs & Expenses | $7.26M | $3.88M | $5.34M | $6.04M |
| Interest Income | -$122000.00 | -$121000.00 | $0.00 | |
| Interest Expense | $1.72M | $1.72M | $1.84M | |
| Depreciation & Amortization | $887000.00 | $735000.00 | $789000.00 | $725000.00 |
| EBITDA | $3.47M | $3.24M | $3.14M | $1.68M |
| EBITDA Ratio | $0.48 | $0.45 | $0.37 | $0.24 |
| Operating Income | $0.00 | $3.27M | $1.93M | $957000.00 |
| Operating Income Ratio | $0.00 | $0.46 | $0.27 | $0.14 |
| Other Income/Expenses (Net) | $865000.00 | $13.07M | -$2.52M | -$1.62M |
| Income Before Tax | $865000.00 | $16.34M | $399000.00 | -$666000.00 |
| Income Before Tax Ratio | $0.12 | $2.29 | $0.05 | -$0.10 |
| Income Tax Expense | $0.00 | $0.00 | -$134000.00 | -$154000.00 |
| Net Income | $1.04M | $14.79M | $533000.00 | -$512000.00 |
| Net Income Ratio | $0.14 | $2.07 | $0.07 | -$0.07 |
| EPS | $0.14 | $1.98 | $0.07 | -$0.07 |
| Diluted EPS | $0.14 | $1.98 | $0.07 | -$0.07 |
| Weighted Avg Shares Outstanding | $7.46M | $7.46M | $7.45M | $7.45M |
| Weighted Avg Shares Outstanding (Diluted) | $7.46M | $7.46M | $7.46M | $7.45M |
Over the last four quarters, First Real Estate Investment Trust of New Jersey, Inc.'s revenue moved from $7.00M in Q1 2024 to $7.26M in Q4 2024. Operating income in Q4 2024 was $0.00, with a strong operating margin of N/A. Despite fluctuations in R&D and SG&A expenses, EBITDA for First Real Estate Investment Trust of New Jersey, Inc. remained robust at $3.47M, reflecting operational efficiency. Net income dropped to $1.04M, with an EPS of $0.14. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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