Financial insights of TPTA

MyFinsight

For the year ending 2025-12-31, TPTA made $35,439,020 in revenue. -$27,640,371 in net income. Net profit margin of -77.99%.

Income Statement	2025-12-31
Total revenues	35,439,020
Operating expenses reimbursed to manager	4,035,222
Asset management fee	4,786,640
Asset servicing fee	1,143,783
Provision for credit losses	12,767,592
Real estate operating expenses	3,113,673
Depreciation and amortization	3,841,661
Professional fees	2,812,876
Impairment charge on real estate assets	3,399,684
Directors fees	303,022
Other	551,713
Operating expenses	36,755,866
Operating (loss) income	-1,316,846
Interest expense on secured financing	13,505,701
Interest expense on unsecured notes payable	9,913,012
Interest expense on obligations under participation agreements	3,648,329
Income from equity interest in unconsolidated investments	3,283,274
Gain on extinguishment of debt	548,625
Loss on sale of real estate, net	-2,880,545
Unrealized gain on investments, net	39,290
Loss on repayment of loan	0
Realized loss on investments, net	0
Total other income and expense	-26,076,398
Net loss before income taxes	-27,393,244
Provision for income tax	432,602
Net loss	-27,825,846
Unrealized gain (loss) on available-for-sale debt securities	185,475
Other comprehensive loss	185,475
Comprehensive loss	-27,640,371

Basic EPS	-1.14
Diluted EPS	-1.14
Basic Average Shares	24,338,825
Diluted Average Shares	24,338,825