Safe and Green Development Corporation(SGD)Earnings, Financials & Key Ratios
SGD•NASDAQ•REIT / Real Estate
$0.16
$155445 mkt cap·Price updated Apr 24, 2026
AboutSafe and Green Development Corporation provides real property development services. It operates through two segments, Real Estate Development and Technology. The company develops single and multi-family housing. It also operates Majestic AI Powered Platform, a software ecosystem designed to decentralize and streamline the real estate marketplace; and My Virtual Online Intelligent Assistant (MyVONIA), an AI assistant that utilizes machine learning and natural language processing algorithms to provide users with human-like conversational interactions via text messaging. The company serves banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers, as well as the real estate, customer service, and administrative automation industries. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is headquartered in Miami, Florida.Show more
- Revenue$208K
- FFO-$9M-112.0%
- FFO/Share-9.32-2117.7%
- FFO Payout0%
- FFO per Share-9.32-2117.7%
- NOI Margin12%
- FFO Margin-4290.61%
- ROE-650.03%-213.6%
- ROA-79.85%-79.0%
- Debt/Assets79.97%+12.3%
- Book Value/Share0.89+372.7%
SGD Key Insights
Safe and Green Development Corporation (SGD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 90.4% through buybacks
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗High debt to equity ratio of 12.0x
- ✗FFO declining 47.2% TTM
- ✗Weak momentum: RS Rating 5 (bottom 5%)
- ✗Low NOI margin of 12.0%
- ✗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.
SGD Price & Volume
Safe and Green Development Corporation (SGD) stock price & volume — 10-year historical chart
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SGD Growth Metrics
Safe and Green Development Corporation (SGD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM2770.15%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-53.79%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-55.42%
Return on Capital
10 Years-151.31%
5 Years-151.31%
3 Years-191.26%
Last Year-309.32%
SGD Peer Comparison
Safe and Green Development Corporation (SGD) competitors in Residential Land and Home Developers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GREE | 19.44M | 1.24 | -0.66 | -15.42% | ||||
 AREB | 155 | 0.29 | 0 | -16.62% | -360.48% | -7.83% | 0.52 | |
 SQFT | 42.73M | 3.45 | -1.53 | 7.31% | -38.69% | -23.11% | 2.92 | |
 PAYO | 1.68B | 4.86 | 25.58 | 7.68% | 6.95% | 9.84% | 0.10 | |
 LGND | 4.57B | 232.55 | -1057.05 | 27.28% | 19.34% | 5.11% | 0.01 | |
 GMRE | 94.26M | 35.74 | 115.29 | -1.79% | 1.69% | 0.49% | 1.18 | |
 NXRT | 757.54M | 29.85 | -23.69 | -3.24% | -12.67% | -10.13% | 5.18 | |
 CLPR | 50.22M | 3.11 | -6.62 | 2.98% | -12.99% |
Compare SGD vs Peers
Safe and Green Development Corporation (SGD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SGD Income Statement
Safe and Green Development Corporation (SGD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 207.55K | 4.97M |
| Revenue Growth % | - | - | - | - | 2770.15% |
| Property Operating Expenses | 0 | 0 | 236 | 182.66K | 4.15M |
| Net Operating Income (NOI) | 0▲ 0% | 0▲ 0% | -236▲ 0% | 24.9K▲ 10649.2% | 822.67K▲ 0% |
| NOI Margin % | - | - | - | 12% | 16.55% |
| Operating Expenses | 485.75K | 2.14M | 3.02M | 6.58M | 10.08M |
| G&A Expenses | 485.75K | 2.14M | 3.02M | 6.58M | 7.05M |
| EBITDA | -485.75K | -2.14M | -3.02M | -6.56M | -8.66M |
| EBITDA Margin % | - | - | - | -3158.57% | -174.26% |
| Depreciation & Amortization | 0 | 0 | 236 | 3.23K | 593.71K |
| D&A / Revenue % | - | - | - | 1.56% | 11.94% |
| Operating Income | -485.75K▲ 0% | -2.14M▼ 340.1% | -3.02M▼ 41.4% | -6.56M▼ 116.9% | -9.26M▲ 0% |
| Operating Margin % | - | - | - | -3160.13% | -186.21% |
| Interest Expense | 0 | 306.39K | 1.18M | 3.47M | 3.68M |
| Interest Coverage | - | -6.98x | -2.57x | -1.89x | - |
| Non-Operating Income | 0 | 0 | -1.22K | -1.12M | -151.98K |
| Pretax Income | -485.75K▲ 0% | -2.44M▼ 403.2% | -4.2M▼ 71.9% | -8.91M▼ 112.1% | -13.78M▲ 0% |
| Pretax Margin % | - | - | - | -4292.17% | -277.31% |
| Income Tax | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% |
| Net Income | -485.75K▲ 0% | -2.44M▼ 403.2% | -4.2M▼ 71.9% | -8.91M▼ 112.1% | -13.78M▲ 0% |
| Net Margin % | - | - | - | -4292.17% | -277.31% |
| Net Income Growth % | - | -403.2% | -71.85% | -112.08% | -53.79% |
| Funds From Operations (FFO) | -485.75K▲ 0% | -2.44M▼ 403.2% | -4.2M▼ 71.8% | -8.91M▼ 112.0% | -13.19M▲ 0% |
| FFO Margin % | - | - | - | -4290.61% | -265.36% |
| FFO Growth % | - | - | - | -112.01% | -217.66% |
| FFO per Share | -0.03 | -0.24 | -0.42 | -9.32 | -3.39 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | -0.03▲ 0% | -1.21▼ 3960.4% | -0.42▲ 65.3% | -9.32▼ 2119.0% | -3.54▲ 0% |
| EPS Growth % | - | -3960.4% | 65.29% | -2119.05% | -55.42% |
| EPS (Basic) | -0.03 | -1.21 | -0.42 | -9.32 | - |
| Diluted Shares Outstanding | 16.3M | 10M | 10M | 956K | 3.9M |
SGD Balance Sheet
Safe and Green Development Corporation (SGD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Assets | 7.85M | 9.27M | 9.56M | 12.75M | 38.38M |
| Asset Growth % | - | 18.13% | 3.14% | 33.41% | 447.51% |
| Real Estate & Other Assets | 0 | 4.4M | 4.47M | 4.5M | 4.49M |
| PP&E (Net) | 3.58M | 1.19M | 1.19M | 1.77M | 6.55M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 619.11K |
| Total Current Assets | 0 | 25.76K | 235.22K | 1.8M | 3.35M |
| Cash & Equivalents | 0 | 720 | 3.24K | 296.2K | 233.04K |
| Receivables | 0 | 0 | 0 | 960.67K | 1000K |
| Other Current Assets | 0 | 25.04K | 231.99K | 547.3K | 190.76K |
| Intangible Assets | 670.06K | 55.73K | 22.21K | 1.04M | 16.66K |
| Total Liabilities | 6.3M | 7.1M | 7.67M | 11.9M | 36.4M |
| Total Debt | 6.17M | 6.85M | 6.81M | 10.2M | 25.97M |
| Net Debt | 6.17M | 6.85M | 6.81M | 9.9M | 25.74M |
| Long-Term Debt | 0 | 0 | 0 | 1.5M | 2.52M |
| Short-Term Borrowings | 6.17M | 6.85M | 6.81M | 8.7M | 22.15M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 1.6M |
| Total Current Liabilities | 6.3M | 7.1M | 7.67M | 10.4M | 32.58M |
| Accounts Payable | 0 | 0 | 601.29K | 1.3M | 6.84M |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 1.54M▲ 0% | 2.17M▲ 40.2% | 1.89M▼ 12.8% | 853.18K▼ 54.8% | 1.98M▲ 0% |
| Equity Growth % | - | 40.24% | -12.82% | -54.81% | 115.54% |
| Shareholders Equity | 1.54M | 2.17M | 1.89M | 621.62K | 1.82M |
| Minority Interest | 0 | 0 | 0 | 231.56K | 164.9K |
| Common Stock | 1 | 0 | 10.2K | 1.49K | 5.04K |
| Additional Paid-in Capital | 2.03M | 5.1M | 9.01M | 16.66M | 30.1M |
| Retained Earnings | -485.75K | -2.93M | -7.13M | -16.04M | -28.29M |
| Preferred Stock | 0 | 0 | 0 | 0 | 1.5K |
| Return on Assets (ROA) | -6.19% | -28.56% | -44.62% | -79.85% | -35.91% |
| Return on Equity (ROE) | -31.46% | -131.79% | -207.27% | -650.03% | -695.1% |
| Debt / Assets | 78.66% | 73.88% | 71.24% | 79.97% | 67.66% |
| Debt / Equity | 4.00x | 3.16x | 3.61x | 11.95x | 11.95x |
| Net Debt / EBITDA | - | - | - | - | -2.97x |
| Book Value per Share | 0.09 | 0.22 | 0.19 | 0.89 | 0.51 |
SGD Cash Flow Statement
Safe and Green Development Corporation (SGD) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 3.79M | -2.32M | -4.57M | -2.6M | -2.6M |
| Operating CF Growth % | - | -161.07% | -97.33% | 43.1% | -22583.02% |
| Operating CF / Revenue % | - | - | - | -1252.97% | -52.32% |
| Net Income | -485.75K | -2.44M | -4.2M | -8.91M | -13.78M |
| Depreciation & Amortization | 0 | 0 | 236 | 3.23K | 593.71K |
| Stock-Based Compensation | 0 | 0 | 0 | 2.17M | 267.4K |
| Other Non-Cash Items | -51.77K | 28.04K | 1.17M | 2.62M | 11.11M |
| Working Capital Changes | 4.33M | 100.05K | -1.54M | 1.52M | 334.04K |
| Cash from Investing | -7.82M | -1.4M | -59.61K | -718.55K | -348.22K |
| Acquisitions (Net) | 0 | 0 | -42.66K | 231.56K | 230.48K |
| Purchase of Investments | -3.6M | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | -1000K |
| Other Investing | 0 | 0 | -3.54K | -43.45K | 6.45M |
| Cash from Financing | 4.03M | 3.71M | 4.63M | 3.61M | 1.71M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Common Dividends | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | 648.3K | 1000K | 1000K | 516K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 2.03M | 0 | 0 | -2.53M | -633.51K |
| Net Change in Cash | 0▲ 0% | 720▲ 0% | 2.52K▲ 249.4% | 292.97K▲ 11544.1% | 219.33K▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 0 | 0 | 720 | 3.24K | 403.09K |
| Cash at End | 0 | 720 | 3.24K | 296.2K | 233.04K |
| Free Cash Flow | -429.79K▲ 0% | -3.71M▼ 764.0% | -4.58M▼ 23.5% | -3.8M▲ 17.1% | -2.63M▲ 0% |
| FCF Growth % | - | -763.96% | -23.45% | 17.09% | -11.77% |
| FCF / Revenue % | - | - | - | -1831.26% | -52.89% |
SGD Key Ratios
Safe and Green Development Corporation (SGD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| FFO per Share | -0.24 | -0.42 | -9.32 | -3.39 |
| FFO Payout Ratio | 0% | 0% | 0% | 0% |
| NOI Margin | - | - | 12% | 16.55% |
| Net Debt / EBITDA | - | - | - | -2.97x |
| Debt / Assets | 73.88% | 71.24% | 79.97% | 67.66% |
| Interest Coverage | -6.98x | -2.57x | -1.89x | - |
| Book Value / Share | 0.22 | 0.19 | 0.89 | 0.51 |
| Revenue Growth | - | - | - | 2770.15% |
SGD Frequently Asked Questions
Safe and Green Development Corporation (SGD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Safe and Green Development Corporation (SGD) reported $5.0M in revenue for fiscal year 2024.
Safe and Green Development Corporation (SGD) grew revenue by 0.0% over the past year. Growth has been modest.
Safe and Green Development Corporation (SGD) reported a net loss of $13.8M for fiscal year 2024.
Dividend & Returns
Safe and Green Development Corporation (SGD) has a return on equity (ROE) of -650.0%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Safe and Green Development Corporation (SGD) generated Funds From Operations (FFO) of $-13.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.
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