Filing Flows › BRT Apartments (BRT) › Q1 2025
BRT Apartments (BRT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
BRT Apartments (BRT) reported revenue of $24.1M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +0.6% from the quarter before. Operating margin was -11.3%, net loss $2.3M (9.6% of revenue).
BRT Apartments, Q1 2025: revenue $24.1M (+3% year over year), operating margin -11.3%, net loss $2.3M, operating cash flow $246K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.1M | +0.6% | +3% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | $246K | -97% | -62% |
What changed
Revenue was $24.1M in Q1 2025, up 3% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $2.7M, an operating margin of -11.3%. Total costs grew 1% against revenue growth of 3%. The quarter ended with a net loss of $2.3M, wider than the previous quarter's $2.0M loss. Non-operating items added $481K, -21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $246K (down 62% year over year). Non-cash charges added back $6.5M of depreciation and amortization. Working capital and other items used $4.0M. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$1.9M.
Questions
What was BRT Apartments' revenue in the first quarter 2025?
BRT Apartments (BRT) reported revenue of $24.1M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +0.6% from the quarter before.
Was BRT Apartments profitable in the first quarter 2025?
Operating loss was $2.7M (-11.3% of revenue) and net loss $2.3M.
Source: BRT Apartments 10-Q on SEC EDGAR.