Star Holdings
NASDAQ:STHO
Income Statement
Earnings Waterfall
Star Holdings
Income Statement
Star Holdings
| Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Interest Expense |
39
|
33
|
28
|
23
|
17
|
16
|
15
|
16
|
16
|
0
|
0
|
|
| Revenue |
114
N/A
|
99
-13%
|
104
+5%
|
123
+18%
|
132
+7%
|
137
+4%
|
118
-14%
|
113
-4%
|
102
-10%
|
114
+11%
|
118
+3%
|
|
| Gross Profit | ||||||||||||
| Cost of Revenue |
(108)
|
(96)
|
(96)
|
(110)
|
(114)
|
(121)
|
(110)
|
(96)
|
(89)
|
(89)
|
(85)
|
|
| Gross Profit |
6
N/A
|
3
-57%
|
8
+209%
|
13
+62%
|
17
+31%
|
16
-8%
|
7
-53%
|
17
+125%
|
14
-20%
|
25
+87%
|
32
+27%
|
|
| Operating Income | ||||||||||||
| Operating Expenses |
(66)
|
(64)
|
(64)
|
(44)
|
(37)
|
(32)
|
(29)
|
(27)
|
(23)
|
(22)
|
(21)
|
|
| Selling, General & Administrative |
(25)
|
(34)
|
(35)
|
(37)
|
(30)
|
(27)
|
(24)
|
(22)
|
(19)
|
(18)
|
(16)
|
|
| Depreciation & Amortization |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Other Operating Expenses |
(37)
|
(25)
|
(25)
|
(3)
|
(3)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
|
| Operating Income |
(60)
N/A
|
(61)
-2%
|
(56)
+8%
|
(31)
+46%
|
(20)
+34%
|
(16)
+19%
|
(21)
-32%
|
(10)
+54%
|
(10)
-1%
|
3
N/A
|
11
+230%
|
|
| Pre-Tax Income | ||||||||||||
| Interest Income Expense |
(67)
|
(146)
|
(250)
|
(164)
|
(134)
|
(75)
|
99
|
(82)
|
(41)
|
(66)
|
(162)
|
|
| Non-Reccuring Items |
0
|
11
|
11
|
(2)
|
0
|
(1)
|
3
|
4
|
4
|
4
|
(0)
|
|
| Pre-Tax Income |
(127)
N/A
|
(196)
-55%
|
(295)
-51%
|
(196)
+33%
|
(155)
+21%
|
(93)
+40%
|
81
N/A
|
(88)
N/A
|
(47)
+46%
|
(59)
-25%
|
(150)
-154%
|
|
| Net Income | ||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(127)
|
(196)
|
(295)
|
(196)
|
(155)
|
(93)
|
81
|
(88)
|
(47)
|
(59)
|
(150)
|
|
| Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
2
|
2
|
2
|
3
|
|
| Net Income (Common) |
(127)
N/A
|
(196)
-55%
|
(295)
-51%
|
(196)
+33%
|
(155)
+21%
|
(92)
+41%
|
82
N/A
|
(87)
N/A
|
(45)
+48%
|
(58)
-27%
|
(148)
-157%
|
|
| EPS (Diluted) |
-9.51
N/A
|
-14.69
-54%
|
-22.14
-51%
|
-14.74
+33%
|
-11.6
+21%
|
-6.88
+41%
|
6.16
N/A
|
-6.51
N/A
|
-3.41
+48%
|
-4.32
-27%
|
-11.21
-159%
|
|