Appreciate Holdings, Inc.
NASDAQ: SFRT · REAL ESTATE · REAL ESTATE SERVICES
Updated 2026-06-05
Appreciate Holdings, Inc. (SFRT) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2020 | $28054.00 | $-4.18M | 48.34% | -490.30% | -14,895.19% |
| 2021 | $27902.00 | $11.03M | 45.56% | -4,277.21% | 39,525.09% |
Frequently asked questions
What is Appreciate Holdings, Inc.'s revenue?
Appreciate Holdings, Inc.'s trailing twelve-month revenue is $29.01M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is SFRT?
In its most recent fiscal year, SFRT ran a gross margin of 45.56%, an operating margin of -4,277.21%, and a net margin of 39,525.09%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does SFRT generate?
SFRT produced $-919526.00 in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.