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Trinity Place vs Zoned Properties: revenue, profit, margins and growth compared

Trinity Place brought in $3.5M of revenue in fiscal 2024, Zoned Properties $4.1M in fiscal 2025. Revenue changed by -89.5% at Trinity Place and +9.2% at Zoned Properties on the year before, so Zoned Properties grew faster. Trinity Place kept 158.2% of its revenue as net profit, Zoned Properties -68.9%.

Side by side, latest fiscal year

TPHSZDPY
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$3.5M$4.1M
Revenue growth-89.5%+9.2%
Net income$5.6M-$2.9M
Net margin158.2%-68.9%
Free cash flown/a-$68.5K
Free cash flow marginn/a-1.7%
Earnings per share (diluted)$0.09-$0.24
Cash$277K$837.8K
Debtn/a$7.7M
Price to earnings0.4n/a
Market value$2.1M$5.4M
Dividend yieldn/an/a
Rank by revenue in sector#217 of 230 · Real estate#215 of 230 · Real estate

Over the years

Revenue
TPHS FY2017: $1.9MTPHS FY2018: $3.7MTPHS FY2019: $4.6MTPHS FY2020: $1.8MTPHS FY2021: $27.3MTPHS FY2022: $43MTPHS FY2023: $33.6MTPHS FY2024: $3.5MZDPY FY2018: $1.2MZDPY FY2019: $1.3MZDPY FY2020: $1.2MZDPY FY2021: $1.8MZDPY FY2022: $2.7MZDPY FY2023: $2.9MZDPY FY2024: $3.8MZDPY FY2025: $4.1MFY17FY18FY19FY20FY21FY22FY23FY24FY25
TPHS $3.5MZDPY $4.1M
Net income
TPHS FY2017: -$2MTPHS FY2018: -$7.9MTPHS FY2019: -$5.3MTPHS FY2020: $4.3MTPHS FY2021: -$20.8MTPHS FY2022: -$20.7MTPHS FY2023: -$39MTPHS FY2024: $5.6MZDPY FY2018: -$2MZDPY FY2019: -$12.3KZDPY FY2020: -$78.3KZDPY FY2021: -$165.8KZDPY FY2022: -$574.4KZDPY FY2023: -$540.3KZDPY FY2024: $574KZDPY FY2025: -$2.9MFY17FY18FY19FY20FY21FY22FY23FY24FY25
TPHS $5.6MZDPY -$2.9M
Net margin
TPHS FY2017: -108.5%TPHS FY2018: -212.4%TPHS FY2019: -114.3%TPHS FY2020: 237.3%TPHS FY2021: -76.3%TPHS FY2022: -48.1%TPHS FY2023: -116.1%TPHS FY2024: 158.2%ZDPY FY2018: -163.9%ZDPY FY2019: -1.0%ZDPY FY2020: -6.4%ZDPY FY2021: -9.1%ZDPY FY2022: -21.6%ZDPY FY2023: -18.7%ZDPY FY2024: 15.1%ZDPY FY2025: -68.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25
TPHS 158.2%ZDPY -68.9%
Revenue growth
TPHS FY2018: +99.5%TPHS FY2019: +24.7%TPHS FY2020: -60.6%TPHS FY2021: +1,393.2%TPHS FY2022: +57.7%TPHS FY2023: -21.8%TPHS FY2024: -89.5%ZDPY FY2019: +1.9%ZDPY FY2020: -3.6%ZDPY FY2021: +49.8%ZDPY FY2022: +46.1%ZDPY FY2023: +8.5%ZDPY FY2024: +31.4%ZDPY FY2025: +9.2%FY18FY19FY20FY21FY22FY23FY24FY25
TPHS -89.5%ZDPY +9.2%
Free cash flow
ZDPY FY2020: $169.1KZDPY FY2021: $486.6KZDPY FY2022: $868.1KZDPY FY2023: $81.5KZDPY FY2024: $571.7KZDPY FY2025: -$68.5KFY20FY21FY22FY23FY24FY25
TPHSZDPY -$68.5K

Fiscal years as each company reports them; the two may end in different months.

Questions about Trinity Place and Zoned Properties

Which is bigger by revenue, Trinity Place or Zoned Properties?

Zoned Properties is bigger by revenue: $4.1M in fiscal 2025, against $3.5M for Trinity Place in fiscal 2024.

Which keeps more of its revenue as profit, Trinity Place or Zoned Properties?

Trinity Place had a net margin of 158.2% in fiscal 2024; Zoned Properties had -68.9% in fiscal 2025.

Which grew revenue faster, Trinity Place or Zoned Properties?

In their latest fiscal years revenue changed by -89.5% at Trinity Place and +9.2% at Zoned Properties.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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