For the year ending 2024-12-31, GIPR made $15,711,951 in revenue. -$8,444,487 in net income. Net profit margin of -53.75%.
| Income Statement | 2024-12-31 | |||
|---|---|---|---|---|
| Interest expense, net | -4,286,546 | |||
| General and administrative expense | 2,109,271 | |||
| Depreciation and amortization | 4,765,203 | |||
| Compensation costs | 1,060,336 | |||
| Building expenses | 2,673,624 | |||
| Total expenses | 14,894,980 | |||
| Total revenue | 9,762,636 | |||
| Operating loss | -5,132,344 | |||
| Gain on derivative valuation | -372,573 | |||
| Loss on held for sale asset valuation | -77,244 | |||
| Dead deal expense | -35,873 | |||
| Net loss | -4,872,888 | |||
| Less net income attributable to non-controlling interests | 3,476,599 | |||
| Net loss attributable to generation income properties, inc | -8,349,487 | |||
| Less preferred stock dividends | 95,000 | |||
| Net loss attributable to common shareholders | -8,444,487 | |||
| Basic eps | -1.64 | |||
| Diluted eps | -1.64 | |||
| Basic average shares | 5,163,956 | |||
| Diluted average shares | 5,163,956 | |||
GENERATION INCOME PROPERTIES, INC. (GIPR)
GENERATION INCOME PROPERTIES, INC. (GIPR)