Filing Flows › Lightstone Value Plus REIT IV (LTSV) › Q4 2024
Lightstone Value Plus REIT IV (LTSV) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 26, 2025
Lightstone Value Plus REIT IV (LTSV) reported revenue of $8.4M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and -1% from the quarter before. Operating margin was 11.2%, net loss $1.8M (21.3% of revenue).
Lightstone Value Plus REIT IV, Q4 2024: revenue $8.4M (+11% year over year), operating margin 11.2%, net loss $1.8M, operating cash flow −$18K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.4M | -1% | +11% |
| Operating profit | $934K | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$18K | — | — |
What changed
Revenue was $8.4M in Q4 2024, up 11% year over year and down 1% from the previous quarter.
Operating profit was $934K, a 11.2% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 10% margin then. Total costs grew 9% against revenue growth of 11%. The quarter ended with a net loss of $1.8M, wider than the previous quarter's $1.4M loss. Minority interests bore $299K of it: to shareholders the quarter was a loss of $1.5M. Net interest and other expense of $2.7M was the main reason.
Operating cash flow was −$18K. Non-cash charges added back $934K of depreciation and amortization. Working capital and other items added $831K. Capital expenditures of $24K exceeded it, leaving free cash flow of −$42K.
Questions
What was Lightstone Value Plus REIT IV's revenue in the fourth quarter 2024?
Lightstone Value Plus REIT IV (LTSV) reported revenue of $8.4M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and -1% from the quarter before.
Was Lightstone Value Plus REIT IV profitable in the fourth quarter 2024?
Operating profit was $934K (11.2% of revenue) and net loss $1.8M.