Filing Flows › FrontView REIT (FVR) › Q1 2025
FrontView REIT (FVR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
FrontView REIT (FVR) reported revenue of $16.2M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +7% from the quarter before. Operating margin was -7.6%, net loss $1.3M (8.2% of revenue).
FrontView REIT, Q1 2025: revenue $16.2M (+6% year over year), operating margin -7.6%, net loss $1.3M, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.2M | +7% | +6% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | $8.1M | +202% | +213% |
What changed
Revenue was $16.2M in Q1 2025, up 6% year over year and up 7% from the previous quarter.
Operating costs exceeded revenue by $1.2M, an operating margin of -7.6%. Total costs fell 5% while revenue rose 6%. The fastest-growing cost line was General & admin (+294%). The quarter ended with a net loss of $1.3M, narrower than the previous quarter's $4.8M loss. Minority interests bore $504K of it: to shareholders the quarter was a loss of $833K.
Operating cash flow was $8.1M (up 213% year over year). Non-cash charges added back $7.8M of depreciation and amortization and $615K of share-based compensation. Working capital and other items added $1.0M.
Questions
What was FrontView REIT's revenue in the first quarter 2025?
FrontView REIT (FVR) reported revenue of $16.2M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +7% from the quarter before.
Was FrontView REIT profitable in the first quarter 2025?
Operating loss was $1.2M (-7.6% of revenue) and net loss $1.3M.
Source: FrontView REIT 10-Q on SEC EDGAR.