For the quarter ending 2025-09-30, LTC made $69,290,000 in revenue. -$20,149,000 in net income. Net profit margin of -29.08%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 69,290,000 | 60,240,000 | 49,031,000 | 51,354,666.667 |
| Interest expense | 8,791,000 | 8,014,000 | 7,913,000 | 10,104,333.333 |
| Depreciation and amortization | 8,987,000 | 8,776,000 | 9,162,000 | 9,104,333.333 |
| Seniors housing operating expenses | 17,362,000 | 9,419,000 | - | - |
| Write-off of effective interest receivable | 41,455,000 | - | - | - |
| Provision for credit losses | 203,000 | 387,000 | 3,052,000 | 175,333.333 |
| Transaction costs | 587,000 | 6,706,000 | 441,000 | 262,000 |
| Impairment loss | - | - | - | 1,738,250 |
| Triple-net lease property tax expense | 2,581,000 | 2,795,000 | 3,107,000 | 3,248,000 |
| General and administrative expenses | 7,523,000 | 8,447,000 | 6,971,000 | 6,826,000 |
| Total expenses | 87,489,000 | 44,544,000 | 30,646,000 | 32,037,666.667 |
| (loss) income before unconsolidated joint ventures, real estate dispositions and other items | -18,199,000 | 15,696,000 | - | - |
| (loss) gain on sale of real estate, net | -738,000 | 332,000 | 171,000 | 1,438,666.667 |
| Operating income | - | - | 18,556,000 | 20,755,666.667 |
| Income from unconsolidated joint ventures | 439,000 | 439,000 | 3,665,000 | 583,333.333 |
| Income tax (expense) benefit | 42,000 | -81,000 | - | - |
| Net (loss) income | -18,540,000 | 16,548,000 | 22,221,000 | 21,339,000 |
| Income allocated to non-controlling interests | 1,455,000 | 1,456,000 | 1,541,000 | 781,000 |
| Net (loss) income attributable to ltc properties, inc | -19,995,000 | 15,092,000 | 20,680,000 | 20,558,000 |
| Income allocated to participating securities | 154,000 | 154,000 | 163,000 | 160,333.333 |
| Net (loss) income available to common stockholders | -20,149,000 | 14,938,000 | 20,517,000 | 20,397,666.667 |
| Earnings per share, basic | -0.44 | 0.33 | 0.45 | 0.47 |
| Earnings per share, diluted | -0.44 | 0.32 | 0.45 | 0.46 |
| Weighted average number of shares outstanding, basic | 46,123,000 | 45,714,000 | 45,333,000 | -41,666.667 |
| Weighted average number of shares outstanding, diluted | 46,123,000 | 46,028,000 | 45,683,000 | -51,000 |
LTC PROPERTIES INC (LTC)
LTC PROPERTIES INC (LTC)