PINE
Alpine Income Property Trust, Inc.
NYSE: PINE · REAL ESTATE · REIT - RETAIL
$19.47
+0.10% today
Updated 2026-05-06
Market cap
$345.21M
P/E ratio
—
P/S ratio
5.33x
EPS (TTM)
$-0.08
Dividend yield
5.89%
52W range
$13 – $20
Volume
0.2M
Alpine Income Property Trust, Inc. (PINE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.45M | $11.72M | $13.96M | $19.25M | $30.13M | $45.19M | $45.64M | $52.23M | $60.53M |
| Revenue growth (YoY) | — | +38.6% | +19.2% | +37.8% | +56.5% | +50.0% | +1.0% | +14.4% | +15.9% |
| Cost of revenue | $1.47M | $1.62M | $2.04M | $2.32M | $6.86M | $9.26M | $6.88M | $12.03M | $67.14M |
| Gross profit | $6.99M | $10.10M | $13.96M | $16.93M | $23.27M | $35.93M | $38.76M | $40.19M | $-6.61M |
| Gross margin | 82.6% | 86.2% | 100.0% | 88.0% | 77.2% | 79.5% | 84.9% | 77.0% | -10.9% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $829349.00 | $1.18M | $2.02M | $4.66M | $1.84M | $1.96M | $6.30M | $2.33M | $6.71M |
| Operating income | $3.10M | $4.01M | $759512.00 | $2.61M | $15.16M | $43.48M | $13.14M | $14.02M | $18.48M |
| Operating margin | 36.7% | 34.3% | 5.4% | 13.6% | 50.3% | 96.2% | 28.8% | 26.8% | 30.5% |
| EBITDA | $6.21M | $8.69M | $759512.00 | $12.16M | $30.74M | $66.46M | $38.48M | $39.14M | $40.76M |
| EBITDA margin | 73.4% | 74.1% | 5.4% | 63.2% | 102.0% | 147.1% | 84.3% | 74.9% | 67.3% |
| EBIT | $800870.00 | $3.14M | $759512.00 | $2.32M | $14.80M | $42.90M | $12.72M | $13.54M | $13.38M |
| Interest expense | $286242.00 | $0.00 | $41230.00 | $1.46M | $3.70M | $9.54M | $10.16M | $12.01M | $16.27M |
| Income tax | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.81M | $4.01M | $759512.00 | $985000.00 | $9.96M | $29.72M | $2.92M | $2.07M | $-2.66M |
| Net income growth (YoY) | — | +42.7% | -81.1% | +29.7% | +911.6% | +198.3% | -90.2% | -29.2% | -228.6% |
| Profit margin | 33.3% | 34.3% | 5.4% | 5.1% | 33.1% | 65.8% | 6.4% | 4.0% | -4.4% |