For the year ending 2025-12-31, MRP had $35,046K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 379,864 |
| Provision for credit loss expense | 1,005 |
| Sales, general, and administrative expenses from pre-spin periods | 24,960 |
| Interest paid-in-kind | 29,504 |
| Stock-based compensation expense | 677 |
| Amortization of debt issuance and financing costs | 20,273 |
| Other assets | 8,626 |
| Other liabilities | 47,655 |
| Deferred tax liabilities | 20,509 |
| Takedowns of homesites under option contracts, net of builder deposit credits | -3,216,008 |
| Net cash flows from (used in) operating activities | 3,672,821 |
| Option deposits from lennar, spin-off | 584,848 |
| Acquisition of rausch land assets, net of builder deposits | 858,938 |
| Investments in homesites under option contracts, net of builder deposits | -5,149,382 |
| Other deposits | -1,738 |
| Investments in development loans | -353,806 |
| Paydowns of development loans | 53,306 |
| Net cash used in investing activities | -5,722,234 |
| Cash contribution from lennar, spin-off | 415,152 |
| Payments for spin-off deal costs | 77,948 |
| Financing and issuance cost payments for debt obligations | 57,939 |
| Proceeds from revolving credit facility and delayed draw term loan facility borrowings | 2,835,000 |
| Repayments of revolving credit facility and delayed draw term loan facility borrowings | 2,725,000 |
| Proceeds from senior notes | 2,000,000 |
| Dividends paid to stockholders | 298,806 |
| Payment of seller notes | 6,000 |
| Cash flows from (used in) financing activities | 2,084,459 |
| Net increase in cash | 35,046 |
| Cash at beginning of period | 0 |
| Cash at end of period | 35,046 |
Millrose Properties, Inc. (MRP)
Millrose Properties, Inc. (MRP)