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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›PINE›Financials
Annual statements · SEC XBRL · FY2018 – FY2025

Alpine Income Property Trust, Inc. (PINE) financials

Income statement

Alpine Income Property Trust, Inc. (PINE) income statement, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$11.7M—$19.2M$30.1M$45.2M$45.6M$52.2M$60.5M
Revenue growth———56.5%50.0%1.0%14.4%15.9%
Gross profit————$39.8M$39.0M$44.0M$52.1M
Gross margin————88.0%85.5%84.2%86.0%
Operating income$4.01M—$2.61M$15.2M$43.5M$13.1M$14.0M$13.1M
Operating margin34.3%—13.6%50.3%96.2%28.8%26.8%21.7%
Net income$4.01M—$985K$9.96M$29.7M$2.92M$2.07M-$2.66M
Net margin34.3%—5.1%33.1%65.8%6.4%4.0%-4.4%
EPS (diluted)——$0.11$0.89$2.17$0.19$0.14-$0.22

Cash flow

Alpine Income Property Trust, Inc. (PINE) cash flow, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$5.63M—$9.39M$17.2M$24.7M$23.2M$23.4M$25.8M
Capital expenditures———$223M$189M$120M$132M$244M
Free cash flow———-$206M-$164M-$96.7M-$109M-$219M
Share buybacks——$5.01M——$14.6M$775K$8.80M
Dividends paid——$7.20M$12.2M$15.1M$17.1M$16.8M$17.7M

Balance sheet

Alpine Income Property Trust, Inc. (PINE) balance sheet, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$8.00K$12.3M$1.89M$8.85M$9.02M$4.02M$1.58M$4.59M
Total assets—$164M$262M$506M$573M$565M$605M$716M
Total liabilities—$3.47M$113M$278M$278M$289M$329M$415M
Long-term debt——$107M$268M$267M$276M$301M$378M
Shareholders' equity$124M$138M$127M$197M$262M$251M$253M$280M
Retained earnings—-$498K-$5.71M-$6.42M$10.0M-$2.36M-$15.7M-$35.3M
Shares (wtd avg diluted)—7.90M8.81M11.2M13.7M15.6M15.1M15.6M

Every figure is extracted from Alpine Income Property Trust, 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.

Common questions

What is Alpine Income Property Trust, Inc.'s annual revenue?
Alpine Income Property Trust, Inc. (PINE) reported $60.5M of revenue for fiscal year 2025 — up 15.9% from $52.2M in FY2024, per its annual report filed with the SEC.
Is Alpine Income Property Trust, Inc. profitable?
Not in FY2025 — PINE reported a net loss of $2.66M, per SEC filings.
What is Alpine Income Property Trust, Inc.'s free cash flow?
-$219M in FY2025 (operating cash flow $25.8M minus $244M of capital expenditures), from the SEC cash-flow statement.
Does PINE pay a dividend?
Yes — Alpine Income Property Trust, Inc. paid $17.7M in cash dividends during FY2025, per its SEC cash-flow statement.
Full PINE analysis — verdict, score & filings →Is PINE a buy? →

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.