Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $120M | $126M | $150M | $59.0M | $59.0M | $42.0M | $37.5M | $50.5M | $47.3M | $50.0M |
| Revenue growth | — | 5.5% | 18.8% | -60.7% | 0.1% | -28.8% | -10.7% | 34.5% | -6.3% | 5.7% |
| Operating income | $14.6M | $17.4M | $42.9M | -$390K | -$112K | -$20.6M | -$9.27M | -$11.2M | -$6.64M | -$6.43M |
| Operating margin | 12.2% | 13.8% | 28.6% | -0.7% | -0.2% | -49.0% | -24.7% | -22.3% | -14.0% | -12.9% |
| Net income | -$2.73M | -$8.43M | $174M | -$16.0M | $9.03M | $3.35M | $373M | $3.97M | -$14.7M | $15.7M |
| Net margin | -2.3% | -6.7% | 115.8% | -27.1% | 15.3% | 8.0% | 994.4% | 7.9% | -31.1% | 31.4% |
| EPS (diluted) | -$0.25 | -$0.61 | $10.35 | -$1.00 | $0.56 | $0.21 | $23.11 | $0.25 | -$0.91 | $0.97 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.1M | -$30.1M | -$172M | -$40.6M | $3.50M | -$11.5M | -$45.4M | -$31.1M | $1.09M | -$5.55M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $12.8M | $42.9M | $36.4M | $51.2M | $36.8M | $50.7M | $113M | $36.7M | $19.9M | $14.2M |
| Total assets | $1.17B | $1.30B | $826M | $831M | $866M | $771M | $1.20B | $1.02B | $1.03B | $1.10B |
| Total liabilities | $999M | $1.13B | $505M | $534M | $535M | $434M | $385M | $207M | $231M | $278M |
| Long-term debt | $851M | $901M | $287M | $250M | $243M | $183M | $188M | $183M | $185M | $214M |
| Shareholders' equity | $122M | $112M | $258M | $239M | $237M | $240M | $613M | $617M | $602M | $617M |
| Retained earnings | $14.4M | $5.97M | $180M | $164M | $173M | $176M | $549M | $553M | $539M | $554M |
| Shares (wtd avg diluted) | 15.5M | 15.5M | 16.7M | 16.0M | 16.0M | 16.2M | 16.2M | 16.2M | 16.2M | 16.2M |
Every figure is extracted from AMERICAN REALTY INVESTORS INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.