Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data FrontView REIT, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2024
FY2025
Revenue
48.3
67.1
General and administrative
8.06
12.9
Operating expenses
44.4
55.8
Operating income
-14.5
-5.56
Interest expense
18.4
18
Income tax
0.32
0.35
Net income to minority interests
1.73
Net income
-1.1
-3.83
EBITDA
10.3
27.5
EPS, basic
-0.22
EPS, diluted
-0.22
Shares, basic (weighted)
19.8
Shares, diluted (weighted)
27.8
Balance sheet
FY2024
FY2025
Cash and equivalents
17.1
13.5
Intangible assets
119
99.5
Total assets
772
854
Total liabilities
471
361
Total debt
436
314
Paid-in capital
0
420
Retained earnings
-28.1
Other comprehensive income
-0.9
Shareholders' equity
0
391
Minority interests
102
Total equity
197
493
Total liabilities and equity
772
854
Shares outstanding
0
22.1
Cash flow statement
FY2024
FY2025
Net income
-1.52
-5.56
Depreciation and amortization
24.7
33.1
Stock-based compensation
1.96
Change in payables
2.7
10.1
Cash from operations
17.2
42.1
Cash from investing
-93.8
-56.3
Dividends paid
-16.6
Cash from financing
52.6
22.6
Net change in cash
-23.9
8.42
Interest paid
15
14.9
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2026; growth uses fiscal years. Valuation uses the share price of $19.70 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Net margin
-0.0%
Net income / revenue.
Operating cash flow margin
64.7%
Cash from operations / revenue.
Return on equity (ROE)
-0.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-0.0%
Net income / average total assets.
Stock-based pay / revenue
5.1%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
46.0%
Depreciation and amortization / revenue.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.62x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
33.3%
Total debt / total assets.
Liabilities / assets
37.9%
Total liabilities / total assets.
Net debt
$305.3M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$2.87
Revenue / diluted weighted shares.
Operating cash flow per share
$1.86
Cash from operations / diluted weighted shares.
Book value per share
$18.92
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
6.75x
Market cap / revenue.
P/B
0.96x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.19x
Market cap / tangible book value, when positive.
P/OCF
10.4x
Market cap / cash from operations, when positive.
EV/Sales
11.0x
Enterprise value / revenue.
Earnings yield
-0.0%
Net income / market cap (the inverse of P/E).
Dividend yield
4.0%
Dividends paid over the period / market cap.
Shareholder yield
4.0%
(Dividends paid + share buybacks) / market cap.
What was FrontView REIT, Inc.'s revenue in fiscal 2025?
FrontView REIT, Inc. reported revenue of $67.1M for fiscal 2025, 39.1% higher than the year before.
Was FrontView REIT, Inc. profitable in fiscal 2025?
No. It reported a net loss of $3.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.