For the quarter ending 2025-09-30, NEN made $23,686,671 in revenue. -$521,828 in net income. Net profit margin of -2.20%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Total revenues | 23,686,671 | 21,240,108 | 20,209,035 | 20,050,566 |
| Administrative | 871,135 | 667,913 | 679,674 | 651,978 |
| Depreciation and amortization | 7,374,701 | 4,474,748 | 4,224,211 | 4,277,482 |
| Management fee | 908,425 | 834,431 | 802,908 | 782,856 |
| Operating | 1,601,327 | 1,704,150 | 1,509,909 | 1,638,816 |
| Renting | 488,217 | 256,198 | 407,911 | 150,772 |
| Repairs and maintenance | 4,587,034 | 3,481,815 | 3,618,610 | 3,500,467 |
| Taxes and insurance | 3,111,531 | 2,757,280 | 2,495,136 | 2,510,031 |
| Total expenses | 18,942,370 | 14,176,535 | 13,738,359 | 13,512,402 |
| Income before other income (expense) | 4,744,301 | 7,063,573 | 6,470,676 | 6,538,164 |
| Interest income | 36,981 | 737,413 | 1,123,084 | 1,112,988 |
| Interest expense | 5,449,905 | 4,136,156 | 3,831,009 | 3,899,695 |
| Income from investments in unconsolidated joint ventures | 146,795 | 485,051 | 146,647 | 321,269 |
| Total other income (expense) | -5,266,129 | -2,913,692 | -2,561,278 | -2,465,438 |
| Net (loss) income | -521,828 | 4,149,881 | 3,909,398 | 4,072,726 |
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)