Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 152.41M | 148.78M | 138.21M | 129.75M | 122.73M | 122.85M |
Gross Profit | 86.50M | 84.84M | 75.64M | 67.88M | 63.28M | 64.66M |
EBITDA | 38.02M | 70.42M | 58.24M | 54.62M | 52.71M | 54.93M |
Net Income | -14.84M | -2.50M | -5.90M | -5.51M | -49.20M | -46.01M |
Balance Sheet | ||||||
Total Assets | 1.26B | 1.29B | 1.25B | 1.23B | 1.23B | 1.21B |
Cash, Cash Equivalents and Short-Term Investments | 21.29M | 19.90M | 22.16M | 18.15M | 34.52M | 72.06M |
Total Debt | 1.27B | 1.27B | 1.21B | 1.16B | 1.13B | 1.08B |
Total Liabilities | 1.31B | 1.30B | 1.24B | 1.19B | 1.16B | 1.10B |
Stockholders Equity | -20.08M | -5.41M | 2.74M | 14.09M | 26.51M | 39.46M |
Cash Flow | ||||||
Free Cash Flow | 32.29M | 31.86M | 26.18M | -25.31M | -24.71M | -15.82M |
Operating Cash Flow | 32.29M | 31.86M | 26.18M | 20.14M | 10.82M | 15.99M |
Investing Cash Flow | -56.21M | -68.78M | -41.36M | -51.48M | -77.94M | -31.71M |
Financing Cash Flow | 24.32M | 38.75M | 20.73M | 9.78M | 30.31M | 47.82M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
66 Neutral | $1.06B | ― | -1.55% | 5.14% | -1.81% | -33.33% | |
64 Neutral | $6.92B | 18.66 | -1.93% | 6.85% | 4.65% | -25.39% | |
62 Neutral | $300.55M | ― | -4.28% | 6.31% | 2.39% | -407.57% | |
56 Neutral | $57.80M | ― | 46.22% | 10.61% | 8.64% | -213.95% | |
55 Neutral | $857.08M | 866.19 | -7.19% | 6.04% | -7.44% | -143.64% | |
52 Neutral | $148.58M | 10.84 | 7.07% | 11.01% | ― | ― |
On June 18, 2025, Clipper Realty Inc. held its 2024 Annual Meeting of Stockholders where all proposals were approved. These included the election of seven directors, the ratification of PKF O’Connor Davies, LLP as the independent accounting firm for 2025, and the approval of the 2025 Omnibus Incentive Plan and Non-Employee Director Plan. The approval of these proposals signifies a strong endorsement from the stockholders, potentially impacting the company’s governance and strategic direction positively.
On May 30, 2025, Clipper Realty Inc.’s subsidiary, 10 West 65 Owner LLC, completed the repayment of a $31.2 million mortgage note to Flagstar Bank, associated with the acquisition of a property in New York. The repayment included $0.8 million in accrued interest, and the bank released $1.1 million in escrow and reserves to the company, with no prepayment penalties incurred. This transaction reflects Clipper Realty’s strategic financial management and may impact its financial positioning by reducing liabilities and potentially enhancing cash flow.
On March 20, 2025, Wells Fargo Bank filed a lawsuit against Clipper Realty Inc. and its subsidiaries regarding the 141 Livingston Street property, demanding a receiver be appointed. However, on May 13, 2025, the New York Supreme Court denied the motion to appoint a receiver, citing the Plaintiff’s low likelihood of success, while also denying Clipper Realty’s motion to dismiss the lawsuit. Clipper Realty plans to continue defending against the lawsuit, asserting the claims are without merit.
On May 2, 2025, Clipper Realty‘s subsidiary, Dean Owner LLC, entered into new loan agreements with MF1 Capital, securing $160 million in financing for its Dean Street Property. These agreements replace prior loans, with no termination fees incurred, and include provisions for potential additional borrowing and interest rate caps, impacting the company’s financial strategy and operational flexibility.