InPoint Commercial Real Estate Income, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data InPoint Commercial Real Estate Income, 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

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue		7.01	20.3	24.1	28.3	38	38.8	24.4	23
Selling, general and administrative	0.1
Operating expenses	0.73	3.68	7.54	13	18.4	24.3	26.5	10.4	17.9
Interest expense	0.16	4.09	14	10.3	8.8	21.4	42.2
Interest income		0.07
Other non-operating income	0.04	-1.28	0.99	-39.9	0	-3.59	-16.7	-1.36	-6.72
Pre-tax income	0.14	2.06	13.7	-28.8	9.87	10.2	-4.42	12.7	-1.57
Income tax	0.06	-0.01	0		0	0	0.02	0	0
Net income	0.08	2.07	13.7	-28.8	9.87	10.2	-4.44	12.7	-1.57
EPS, basic	0.11	0.57	1.53	-2.49	0.72	0.42	-1.03	0.66	-0.75
EPS, diluted	0.11	0.57	1.53	-2.49	0.72	0.42	-1.03	0.66	-0.75
Shares, basic (weighted)	0.76	3.64	8.96	11.6	11.5	10.6	10.1	10.1	10.1
Shares, diluted (weighted)	0.76	3.64	8.96	11.6	11.5	10.6	10.1	10.1	10.1

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	1.31	27.5	37.2	72.1	57.3	29.4	54.1	64.5	76.6
Intangible assets							0	2.97	4.1
Total assets	61.1	372	703	555	764	914	780	661	529
Total liabilities	19.2	230	447	315	457	636	530	417	303
Paid-in capital	43.4	149	266	287	359	339	340	340	341
Retained earnings	-1.45	-6.38	-9.81	-47.3	-52.3	-60.9	-89	-95	-115
Shareholders' equity	42	142	256	240	307	279	251	245	226
Total equity	42	142	256	240	307	273	251	245	226
Total liabilities and equity	61.1	372	703	555	764	914	780	661	529
Shares outstanding	1.73	5.94

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	0.08	2.07	13.7	-28.8	9.87	10.2	-4.44	12.7	-1.57
Depreciation and amortization				0.41	1.09	1.13	0.51	1.53	5.4
Deferred income tax				0.47	0.67	0.99
Cash from operations	0.31	3.23	10.1	12	11.6	18.5	16.2	18	11.4
Sales and maturities of investments		0.64	2.21	2.18
Cash from investing	-52.8	-283	-318	164	-222	-181	96.5	128	136
Stock issued	40.4	114	130	24.3	0.2	4.53	0.34	0	0
Share buybacks		-0.05	-1.91	-0.76	-14.3	-22.4	0	0
Dividends paid	-1.24	-6.33	-16.3	-9.25	-12.4	-12.4	-12.5	-12.6	-12.6
Cash from financing	53.4	307	317	-141	196	134	-88	-135	-133
Net change in cash	0.89	27.1	9.14	34.5	-14.8	-27.9	24.7	10.4	14.6
Interest paid	0.13	3.69	13.8	10.7	8.73	20.1	41.9	37	23.2

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $21.82 on September 28, 2026.

Profitability

Metric	Value	How it is calculated
Net margin	-69.3%	Net income / revenue.
Operating cash flow margin	43.6%	Cash from operations / revenue.
Return on equity (ROE)	-7.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-3.2%	Net income / average total assets.
D&A / revenue	25.6%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-5.7%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-15.4%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-1.0%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-112.4%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	-213.6%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	-36.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-15.0%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-1.0%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-7.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-6.7%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-1.2%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-20.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-16.7%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-0.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.6%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	55.3%	Total liabilities / total assets.
Goodwill and intangibles / assets	0.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$207.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.05x	Revenue / average total assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$1.50	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	$2.17	Revenue / diluted weighted shares.
Operating cash flow per share	$0.95	Cash from operations / diluted weighted shares.
Book value per share	$20.78	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$20.45	Tangible book value / shares outstanding.
Cash per share	$5.26	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$157.1M	Share price x shares outstanding.
Enterprise value	$103.8M	Market cap + total debt - cash - short-term investments.
P/S	7.15x	Market cap / revenue.
P/B	0.75x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.76x	Market cap / tangible book value, when positive.
P/OCF	16.4x	Market cap / cash from operations, when positive.
EV/Sales	4.72x	Enterprise value / revenue.
Earnings yield	-9.7%	Net income / market cap (the inverse of P/E).
Dividend yield	8.0%	Dividends paid over the period / market cap.
Shareholder yield	8.0%	(Dividends paid + share buybacks) / market cap.

What was InPoint Commercial Real Estate Income, Inc.'s revenue in fiscal 2025?

InPoint Commercial Real Estate Income, Inc. reported revenue of $23.0M for fiscal 2025, 5.7% lower than the year before.

Was InPoint Commercial Real Estate Income, Inc. profitable in fiscal 2025?

No. It reported a net loss of $1.6M.

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.

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