Frontier Real Estate Investment Corp
OTC:FOTRF
Income Statement
Earnings Waterfall
Frontier Real Estate Investment Corp
Income Statement
Frontier Real Estate Investment Corp
| Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
13
|
27
|
45
|
95
|
230
|
464
|
640
|
667
|
705
|
809
|
897
|
907
|
869
|
885
|
895
|
864
|
852
|
837
|
806
|
765
|
690
|
643
|
609
|
560
|
538
|
519
|
520
|
528
|
522
|
503
|
505
|
522
|
532
|
537
|
557
|
621
|
678
|
0
|
0
|
|
| Revenue |
6 538
N/A
|
7 058
+8%
|
7 255
+3%
|
7 971
+10%
|
9 962
+25%
|
11 827
+19%
|
12 403
+5%
|
12 598
+2%
|
13 771
+9%
|
15 209
+10%
|
15 825
+4%
|
16 497
+4%
|
17 499
+6%
|
18 702
+7%
|
19 636
+5%
|
20 593
+5%
|
21 023
+2%
|
20 243
-4%
|
19 890
-2%
|
20 089
+1%
|
20 074
0%
|
20 034
0%
|
20 147
+1%
|
20 376
+1%
|
20 590
+1%
|
20 898
+1%
|
21 054
+1%
|
21 109
+0%
|
21 454
+2%
|
21 605
+1%
|
22 157
+3%
|
22 925
+3%
|
22 955
+0%
|
22 963
+0%
|
22 564
-2%
|
23 195
+3%
|
24 450
+5%
|
24 017
-2%
|
23 824
-1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(2 857)
|
(3 028)
|
(3 155)
|
(3 484)
|
(4 298)
|
(5 224)
|
(5 627)
|
(5 752)
|
(6 313)
|
(7 036)
|
(7 509)
|
(5 943)
|
(4 275)
|
(4 534)
|
(4 897)
|
(5 190)
|
(5 395)
|
(5 341)
|
(5 180)
|
(5 590)
|
(9 771)
|
(5 025)
|
(9 459)
|
(5 423)
|
(9 666)
|
(10 472)
|
(10 302)
|
(9 497)
|
(10 009)
|
(10 189)
|
(10 090)
|
(10 299)
|
(10 243)
|
(10 137)
|
(10 070)
|
(10 329)
|
(10 715)
|
(10 770)
|
(11 064)
|
|
| Gross Profit |
3 682
N/A
|
4 030
+9%
|
4 099
+2%
|
4 487
+9%
|
5 664
+26%
|
6 604
+17%
|
6 776
+3%
|
6 846
+1%
|
7 459
+9%
|
8 173
+10%
|
8 317
+2%
|
10 554
+27%
|
13 224
+25%
|
14 168
+7%
|
14 740
+4%
|
15 404
+5%
|
15 628
+1%
|
14 902
-5%
|
14 710
-1%
|
14 500
-1%
|
10 303
-29%
|
15 009
+46%
|
10 688
-29%
|
14 953
+40%
|
10 923
-27%
|
10 425
-5%
|
10 752
+3%
|
11 612
+8%
|
11 444
-1%
|
11 416
0%
|
12 067
+6%
|
12 626
+5%
|
12 712
+1%
|
12 826
+1%
|
12 494
-3%
|
12 866
+3%
|
13 736
+7%
|
13 247
-4%
|
12 760
-4%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(151)
|
(129)
|
(137)
|
(160)
|
(176)
|
(190)
|
(180)
|
(177)
|
(194)
|
(188)
|
(184)
|
(2 118)
|
(4 150)
|
(4 395)
|
(4 566)
|
(4 537)
|
(4 429)
|
(4 383)
|
(4 422)
|
(4 414)
|
(60)
|
(4 468)
|
(56)
|
(4 210)
|
(60)
|
(136)
|
(60)
|
(64)
|
(67)
|
(68)
|
(68)
|
(70)
|
(69)
|
(67)
|
(67)
|
(69)
|
(70)
|
(72)
|
(74)
|
|
| Selling, General & Administrative |
(152)
|
(129)
|
(137)
|
(160)
|
(176)
|
(190)
|
(180)
|
(178)
|
(194)
|
(188)
|
(184)
|
(121)
|
(57)
|
(58)
|
(60)
|
(63)
|
(60)
|
(56)
|
(57)
|
(59)
|
(60)
|
(57)
|
(56)
|
(59)
|
(60)
|
(59)
|
(60)
|
(64)
|
(67)
|
(68)
|
(68)
|
(70)
|
(69)
|
(67)
|
(67)
|
(69)
|
(70)
|
(72)
|
(74)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 998)
|
(4 093)
|
(4 336)
|
(4 506)
|
(4 474)
|
(4 369)
|
(4 327)
|
(4 365)
|
(4 355)
|
0
|
(4 274)
|
0
|
(4 151)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(137)
|
(0)
|
(0)
|
(0)
|
(77)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Operating Income |
3 530
N/A
|
3 902
+11%
|
3 962
+2%
|
4 328
+9%
|
5 488
+27%
|
6 413
+17%
|
6 596
+3%
|
6 668
+1%
|
7 264
+9%
|
7 985
+10%
|
8 133
+2%
|
8 435
+4%
|
9 074
+8%
|
9 773
+8%
|
10 173
+4%
|
10 868
+7%
|
11 200
+3%
|
10 519
-6%
|
10 289
-2%
|
10 085
-2%
|
10 243
+2%
|
10 542
+3%
|
10 631
+1%
|
10 743
+1%
|
10 863
+1%
|
10 289
-5%
|
10 692
+4%
|
11 548
+8%
|
11 377
-1%
|
11 349
0%
|
11 999
+6%
|
12 556
+5%
|
12 643
+1%
|
12 760
+1%
|
12 427
-3%
|
12 796
+3%
|
13 665
+7%
|
13 175
-4%
|
12 686
-4%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(12)
|
(23)
|
(36)
|
(83)
|
(215)
|
(447)
|
(628)
|
(659)
|
(699)
|
(800)
|
(887)
|
(898)
|
(862)
|
(879)
|
(890)
|
(857)
|
(844)
|
(831)
|
(802)
|
(764)
|
(689)
|
(643)
|
(609)
|
(560)
|
(538)
|
(519)
|
(520)
|
(528)
|
(522)
|
(502)
|
(505)
|
(522)
|
(532)
|
(537)
|
(557)
|
(621)
|
(678)
|
(760)
|
(877)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(38)
|
(38)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(137)
|
0
|
0
|
(75)
|
(152)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(13)
|
(14)
|
(1)
|
(27)
|
(75)
|
(46)
|
0
|
(35)
|
(57)
|
(27)
|
(13)
|
(51)
|
(60)
|
(70)
|
(67)
|
(36)
|
(38)
|
(36)
|
(33)
|
(42)
|
(35)
|
(14)
|
(17)
|
(18)
|
(16)
|
(1)
|
(40)
|
(56)
|
(18)
|
(19)
|
(66)
|
(74)
|
(38)
|
(26)
|
(18)
|
(39)
|
(54)
|
(31)
|
(18)
|
|
| Pre-Tax Income |
3 505
N/A
|
3 865
+10%
|
3 925
+2%
|
4 217
+7%
|
5 198
+23%
|
5 921
+14%
|
5 968
+1%
|
5 974
+0%
|
6 508
+9%
|
7 119
+9%
|
7 195
+1%
|
7 487
+4%
|
8 152
+9%
|
8 825
+8%
|
9 217
+4%
|
9 974
+8%
|
10 317
+3%
|
9 652
-6%
|
9 453
-2%
|
9 279
-2%
|
9 382
+1%
|
9 885
+5%
|
10 005
+1%
|
10 090
+1%
|
10 158
+1%
|
9 769
-4%
|
10 132
+4%
|
10 964
+8%
|
10 837
-1%
|
10 827
0%
|
11 427
+6%
|
11 960
+5%
|
12 074
+1%
|
12 198
+1%
|
11 851
-3%
|
12 136
+2%
|
12 934
+7%
|
12 385
-4%
|
11 791
-5%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Income from Continuing Operations |
3 503
|
3 863
|
3 923
|
4 215
|
5 196
|
5 919
|
5 966
|
5 972
|
6 506
|
7 117
|
7 193
|
7 485
|
8 150
|
8 823
|
9 215
|
9 972
|
10 315
|
9 649
|
9 451
|
9 277
|
9 380
|
9 883
|
10 003
|
10 088
|
10 156
|
9 767
|
10 131
|
10 962
|
10 835
|
10 826
|
11 425
|
11 959
|
12 073
|
12 196
|
11 850
|
12 134
|
12 932
|
12 383
|
11 789
|
|
| Net Income (Common) |
3 503
N/A
|
3 863
+10%
|
3 923
+2%
|
4 215
+7%
|
5 196
+23%
|
5 919
+14%
|
5 966
+1%
|
5 972
+0%
|
6 506
+9%
|
7 117
+9%
|
7 193
+1%
|
7 485
+4%
|
8 150
+9%
|
8 823
+8%
|
9 215
+4%
|
9 972
+8%
|
10 315
+3%
|
9 649
-6%
|
9 451
-2%
|
9 277
-2%
|
9 380
+1%
|
9 883
+5%
|
10 003
+1%
|
10 088
+1%
|
10 156
+1%
|
9 767
-4%
|
10 131
+4%
|
10 962
+8%
|
10 835
-1%
|
10 826
0%
|
11 425
+6%
|
11 959
+5%
|
12 073
+1%
|
12 196
+1%
|
11 850
-3%
|
12 134
+2%
|
12 932
+7%
|
12 383
-4%
|
11 789
-5%
|
|
| EPS (Diluted) |
3 173
N/A
|
3 499.09
+10%
|
3 553.44
+2%
|
3 561.77
+0%
|
3 793.11
+6%
|
3 699.37
-2%
|
3 728.75
+1%
|
3 732.5
+0%
|
3 678.71
-1%
|
3 668.55
0%
|
3 707.73
+1%
|
3 858.24
+4%
|
3 885.87
+1%
|
3 664.4
-6%
|
3 770.64
+3%
|
4 020.96
+7%
|
4 159.25
+3%
|
3 890.72
-6%
|
3 810.92
-2%
|
3 740.72
-2%
|
3 782.15
+1%
|
3 984.98
+5%
|
4 033.6
+1%
|
4 067.92
+1%
|
4 095.1
+1%
|
3 938.45
-4%
|
4 025.09
+2%
|
4 251.66
+6%
|
4 222.5
-1%
|
4 238.99
+0%
|
4 346.03
+3%
|
4 420.99
+2%
|
4 463.06
+1%
|
4 508.64
+1%
|
4 380.56
-3%
|
4 485.86
+2%
|
4 780.83
+7%
|
4 577.84
-4%
|
4 358.2
-5%
|
|