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Belpointe PREP, LLC (OZ) 10-Year Financial Performance & Capital Metrics

OZ • • REIT / Real Estate
Real EstateReal Estate DevelopmentIndustrial & Commercial Property DevelopmentMultifamily & Commercial Property Developers
AboutBelpointe PREP, LLC focuses on identifying, acquiring, developing or redeveloping, and managing commercial real estate properties in the United States. It also intends to invest in and manage a real estate-related assets, including commercial real estate loans and mortgages; and debt and equity securities issued by other real estate-related companies, as well as private equity acquisitions and investments and opportunistic acquisitions of other qualified opportunity funds and qualified opportunity zone businesses. Belpointe PREP, LLC was incorporated in 2020 and is based in Greenwich, Connecticut.Show more
  • Revenue $3M +18.7%
  • FFO -$18M -49.3%
  • FFO/Share -5.04 -45.8%
  • FFO Payout 0%
  • FFO per Share -5.04 -45.8%
  • NOI Margin -155.66% -82.3%
  • FFO Margin -685.76% -25.8%
  • ROE -7.58% -73.8%
  • ROA -5.3% -36.0%
  • Debt/Assets 34.94% +434.0%
  • Net Debt/EBITDA -
  • Book Value/Share 83.57 -8.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.6x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗FFO declining 69.4% TTM
  • ✗Weak momentum: RS Rating 20 (bottom 20%)
  • ✗Low NOI margin of -155.7%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y38.96%
TTM244.98%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-84.81%

EPS CAGR

10Y-
5Y-
3Y-
TTM-82.2%

ROCE

10Y Avg-3.69%
5Y Avg-3.69%
3Y Avg-3.04%
Latest-3.26%

Peer Comparison

Multifamily & Commercial Property Developers
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
OZBelpointe PREP, LLC202.79M53.49-8.1418.68%-5.07%-12.89%0.59
ARLAmerican Realty Investors, Inc.263.6M16.32-17.93-6.3%11.74%-1.82%0.41%0.23

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+101K997K1.39M2.25M2.67M
Revenue Growth %-8.87%0.4%0.62%0.19%
Property Operating Expenses48K1.14M3.81M4.18M6.84M
Net Operating Income (NOI)+-----
NOI Margin %-----
Operating Expenses+156K3.51M7.09M8.4M9.33M
G&A Expenses113K2.92M5.8M6.33M5.11M
EBITDA+-60K-3.07M-8.22M-8.26M-7.98M
EBITDA Margin %-----
Depreciation & Amortization+43K588K1.29M2.07M5.51M
D&A / Revenue %-----
Operating Income+-103K-3.65M-9.51M-10.33M-13.49M
Operating Margin %-----
Interest Expense+9K00010.01M
Interest Coverage-11.44x----1.35x
Non-Operating Income0004.03M359K
Pretax Income+-112K-3.04M-8.13M-14.36M-23.86M
Pretax Margin %-----
Income Tax+00112K1K1K
Effective Tax Rate %-----
Net Income+-112K-3.13M-7.68M-14.35M-23.86M
Net Margin %-----
Net Income Growth %--26.99%-1.45%-0.87%-0.66%
Funds From Operations (FFO)+-----
FFO Margin %-----
FFO Growth %--35.91%-1.51%-0.92%-0.49%
FFO per Share+-----
FFO Payout Ratio %-----
EPS (Diluted)+-999999.00-1.35-2.25-4.04-6.57
EPS Growth %-1%-0.67%-0.8%-0.63%
EPS (Basic)-999999.00-1.35-2.25-4.04-6.55
Diluted Shares Outstanding02.32M3.42M3.55M3.64M

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+37.28M341.43M354M382.12M517.59M
Asset Growth %-8.16%0.04%0.08%0.35%
Real Estate & Other Assets+28.71M0201.82M4.9M492.85M
PP&E (Net)000346.07M0
Investment Securities0001000K0
Total Current Assets+6.58M0143.47M20.13M24.74M
Cash & Equivalents6.58M192.13M143.47M20.13M24.74M
Receivables01000K000
Other Current Assets-2.01M-215.89M000
Intangible Assets1.99M08.7M7.47M0
Total Liabilities37.38M17.55M21.34M57.05M213.53M
Total Debt+35M12.79M7.13M25M180.84M
Net Debt28.42M-179.34M-136.34M4.88M156.1M
Long-Term Debt010.79M019.68M177.02M
Short-Term Borrowings1000K001000K1000K
Capital Lease Obligations02M7.13M1.32M1.23M
Total Current Liabilities+35.89M014.22M36.05M35.29M
Accounts Payable88K01.69M12.58M13.32M
Deferred Revenue00000
Other Liabilities1.5M-12.79M000
Total Equity+-102K323.88M332.65M325.06M304.06M
Equity Growth %-3176.25%0.03%-0.02%-0.06%
Shareholders Equity-102K323.68M329.48M322.63M301.78M
Minority Interest0192K3.17M2.44M2.28M
Common Stock-102K323.68M329.48M322.63M301.78M
Additional Paid-in Capital00000
Retained Earnings00000
Preferred Stock00000
Return on Assets (ROA)-0%-0.02%-0.02%-0.04%-0.05%
Return on Equity (ROE)--0.02%-0.02%-0.04%-0.08%
Debt / Assets0.94%0.04%0.02%0.07%0.35%
Debt / Equity-0.04x0.02x0.08x0.59x
Net Debt / EBITDA-----
Book Value per Share-999999.00139.8597.3791.4883.57

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-12K-2.27M-6.65M-6.95M-13.69M
Operating CF Growth %--188%-1.93%-0.04%-0.97%
Operating CF / Revenue %-----
Net Income-112K-3.04M-8.24M-14.35M-23.86M
Depreciation & Amortization36K479K1.06M2.07M4.21M
Stock-Based Compensation00000
Other Non-Cash Items0-251K03.29M2.3M
Working Capital Changes64K546K527K2.04M3.65M
Cash from Investing+-28.42M-43.37M-63.53M-145.12M-138.04M
Acquisitions (Net)016.67M87K052K
Purchase of Investments-28.42M-63.46M-101.81M-159K-137.84M
Sale of Investments01000K1000K00
Other Investing0-60.04M-63.62M-144.96M-244K
Cash from Financing+35.01M231.4M22.8M30.69M156.97M
Dividends Paid00000
Common Dividends00000
Debt Issuance (Net)1000K1000K-1000K1000K1000K
Share Repurchases00000
Other Financing0-508K19.47M-3.12M-21K
Net Change in Cash+6.58M185.77M-47.38M-121.38M4.61M
Exchange Rate Effect0000-634K
Cash at Beginning06.58M192.35M144.97M20.13M
Cash at End6.58M192.35M144.97M23.59M24.74M
Free Cash Flow+-12K57.73M56.74M-6.95M-13.69M
FCF Growth %-4811.58%-0.02%-1.12%-0.97%
FCF / Revenue %-----

Key Ratios

Metric20202021202220232024
FFO per Share-867.81K-1.1-1.87-3.46-5.04
FFO Payout Ratio0%0%0%0%0%
NOI Margin52.48%-14.34%-173.83%-85.4%-155.66%
Debt / Assets93.88%3.75%2.01%6.54%34.94%
Interest Coverage-11.44x----1.35x
Book Value / Share-1000K139.8597.3791.4883.57
Revenue Growth-887.13%39.52%62.04%18.68%

Frequently Asked Questions

Growth & Financials

Belpointe PREP, LLC (OZ) reported $7.2M in revenue for fiscal year 2024. This represents a 7046% increase from $0.1M in 2020.

Belpointe PREP, LLC (OZ) grew revenue by 18.7% over the past year. This is strong growth.

Belpointe PREP, LLC (OZ) reported a net loss of $36.6M for fiscal year 2024.

Dividend & Returns

Belpointe PREP, LLC (OZ) has a return on equity (ROE) of -7.6%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Belpointe PREP, LLC (OZ) generated Funds From Operations (FFO) of $-28.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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