Lightstone Value Plus REIT IV, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Lightstone Value Plus REIT IV, 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
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0.57
23.3
29.7
30.5
General and administrative
0.32
1.08
1.21
1.29
0.87
0.76
0.69
1.66
1.92
2
Operating expenses
0.39
1.27
1.39
1.54
1.11
0.95
2.38
Operating income
1.93
1.69
1.21
-2.01
5.89
-0.33
-0.23
Interest expense
0.07
0.19
0.19
0.19
0.19
0.19
0.19
11.1
11.8
10.3
Interest income
0.09
0.21
0.23
Net income to minority interests
-2.96
-1.93
-0.73
Net income
1.54
0.42
-0.19
-3.54
4.79
-1.28
-2.23
-11
-8.02
-3.72
EPS, basic
0.53
0.05
-0.02
-0.41
0.56
-0.31
-1.33
-0.97
-0.46
EPS, diluted
0.53
0.05
-0.02
-0.41
0.56
-0.31
-1.33
-0.97
-0.46
Shares, basic (weighted)
2.89
8.58
8.75
8.62
8.54
8.42
8.33
8.26
8.18
Shares, diluted (weighted)
2.89
8.58
8.75
8.62
8.54
8.42
8.33
8.26
8.18
Dividend per share
0.80
0.60
0.80
0.80
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
21.9
14.1
4.35
13.7
31.4
12
8.29
6.73
8.12
9.03
Total assets
64.7
81.8
72.1
79.1
83
96.2
138
145
145
142
Total liabilities
13.4
13.6
13.8
29.7
33.8
38.4
83.6
104
114
116
Total debt
0
Paid-in capital
52.6
75.6
72.9
72.2
71.7
71.2
70.5
69.6
68.8
68
Retained earnings
-1.07
-7.49
-14.7
-23.3
-22.5
-25.7
-27.9
-38.9
-46.9
-50.7
Other comprehensive income
0
0.4
0
Shareholders' equity
51.3
68.2
58.3
49.4
49.2
45.6
42.7
30.8
21.9
17.4
Minority interests
0
12.2
12
10.7
8.89
8.16
Total equity
51.3
68.2
58.3
49.4
49.2
57.8
54.7
41.5
30.8
25.6
Total liabilities and equity
64.7
81.8
72.1
79.1
83
96.2
138
145
145
142
Shares outstanding
6.4
8.95
8.7
8.6
8.5
8.5
8.4
8.3
8.2
8.1
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
1.54
0.42
-0.19
-3.54
4.79
-1.28
-2.61
-14
-9.95
-4.45
Depreciation and amortization
2.91
3.69
3.77
Change in payables
-0.01
0.04
0.17
0.33
4.27
1.02
0.25
Cash from operations
1.43
3.63
3.34
0.64
-0.73
-0.72
-2.72
-4.76
-7.71
-0.85
Purchases of investments
-4.65
0
Sales and maturities of investments
1.23
4.14
0
Cash from investing
-38.7
-27.8
-3.37
0
19.7
-24
-44.9
-10.8
-2
3.12
Debt issued
0
16
0
18.4
45.4
13
95.1
0
Stock issued
53.6
25.2
0
Share buybacks
-0.18
-0.2
-2.69
-0.68
-0.55
-0.51
-0.68
-0.87
-0.81
-0.78
Dividends paid
-1.39
-5.99
-6.99
-5.43
-1.14
-4.98
Cash from financing
57.9
16.4
-9.68
9.33
-1.69
5.42
44.9
13.8
14.4
-0.78
Exchange rate effect
-0.06
-0.05
0
Net change in cash
20.7
-7.81
-9.71
9.91
17.2
-19.3
-2.69
-1.77
4.72
1.49
Interest paid
0.68
2.99
6.38
16.5
9.05
Income taxes paid
0.02
0.03
0.04
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 $2.70 on September 11, 2026.
Profitability
Metric
Value
How it is calculated
Net margin
-10.2%
Net income / revenue.
Operating cash flow margin
1.2%
Cash from operations / revenue.
Return on equity (ROE)
-20.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-2.2%
Net income / average total assets.
D&A / revenue
12.7%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
2.8%
Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-20.5%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-25.8%
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
-18.7%
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
-2.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
0.8%
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
11.3%
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
-1.0%
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
-1.0%
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
-0.9%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
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
$3.74
Revenue / diluted weighted shares.
Operating cash flow per share
$0.04
Cash from operations / diluted weighted shares.
Book value per share
$1.83
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.72x
Market cap / revenue.
P/B
1.47x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.47x
Market cap / tangible book value, when positive.
P/OCF
62.7x
Market cap / cash from operations, when positive.
EV/Sales
0.36x
Enterprise value / revenue.
Earnings yield
-14.2%
Net income / market cap (the inverse of P/E).
Shareholder yield
3.5%
(Dividends paid + share buybacks) / market cap.
What was Lightstone Value Plus REIT IV, Inc.'s revenue in fiscal 2025?
Lightstone Value Plus REIT IV, Inc. reported revenue of $30.5M for fiscal 2025, 2.8% higher than the year before.
Was Lightstone Value Plus REIT IV, Inc. profitable in fiscal 2025?
No. It reported a net loss of $3.7M.
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.