FrontView REIT Inc
NYSE:FVR
Income Statement
Earnings Waterfall
FrontView REIT Inc
Income Statement
FrontView REIT Inc
| Dec-2022 | 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 |
12
|
13
|
14
|
16
|
18
|
22
|
24
|
26
|
23
|
21
|
19
|
17
|
|
| Revenue |
40
N/A
|
40
+1%
|
42
+4%
|
44
+5%
|
48
+10%
|
53
+9%
|
56
+6%
|
59
+5%
|
60
+2%
|
61
+2%
|
64
+5%
|
66
+4%
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(9)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(13)
|
(11)
|
(11)
|
(10)
|
|
| Gross Profit |
31
N/A
|
31
+1%
|
32
+3%
|
33
+4%
|
37
+10%
|
40
+10%
|
43
+7%
|
45
+5%
|
47
+5%
|
49
+5%
|
53
+7%
|
57
+7%
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(23)
|
(23)
|
(26)
|
(29)
|
(33)
|
(35)
|
(22)
|
(33)
|
(34)
|
(37)
|
(42)
|
(44)
|
|
| Selling, General & Administrative |
(1)
|
(2)
|
(4)
|
(6)
|
(8)
|
(8)
|
(6)
|
(4)
|
(5)
|
(7)
|
(10)
|
(12)
|
|
| Depreciation & Amortization |
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
|
| Other Operating Expenses |
(15)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(5)
|
(17)
|
(17)
|
(17)
|
(19)
|
(18)
|
|
| Operating Income |
8
N/A
|
8
0%
|
6
-18%
|
4
-34%
|
4
-7%
|
6
+48%
|
21
+259%
|
12
-41%
|
13
+10%
|
13
-4%
|
11
-13%
|
12
+8%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
(13)
|
(13)
|
(14)
|
(16)
|
(18)
|
(22)
|
(25)
|
(26)
|
(23)
|
(21)
|
(19)
|
(17)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
13
|
12
|
0
|
12
|
(21)
|
(21)
|
(24)
|
(25)
|
|
| Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
(1)
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
2
|
9
|
|
| Pre-Tax Income |
(5)
N/A
|
(6)
-14%
|
(8)
-48%
|
(12)
-39%
|
(1)
+90%
|
(3)
-143%
|
(2)
+18%
|
(1)
+65%
|
(31)
-3 555%
|
(29)
+6%
|
(30)
-5%
|
(21)
+29%
|
|
| Net Income | |||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
(5)
|
(6)
|
(9)
|
(12)
|
(2)
|
(3)
|
(3)
|
(1)
|
(31)
|
(29)
|
(31)
|
(22)
|
|
| Income to Minority Interest |
1
|
1
|
2
|
3
|
0
|
1
|
1
|
0
|
9
|
9
|
9
|
7
|
|
| Net Income (Common) |
(4)
N/A
|
(5)
-8%
|
(7)
-38%
|
(9)
-34%
|
(1)
+88%
|
(2)
-120%
|
(2)
+16%
|
(1)
+55%
|
(22)
-2 325%
|
(21)
+6%
|
(22)
-4%
|
(15)
+29%
|
|
| EPS (Diluted) |
-0.3
N/A
|
-0.33
-10%
|
-0.45
-36%
|
-0.6
-33%
|
-0.07
+88%
|
-0.16
-129%
|
-0.14
+12%
|
-0.06
+57%
|
-1.37
-2 183%
|
-1.2
+12%
|
-1.13
+6%
|
-0.55
+51%
|
|