Filing Flows › Sunrise Realty Trust (SUNS) › Q1 2025
Sunrise Realty Trust (SUNS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Sunrise Realty Trust (SUNS) reported revenue of $4.6M for the first quarter 2025 (Q1 2025), +128% from a year earlier and +34% from the quarter before. Operating margin was 67.1%, net earnings $3.1M (67.1% of revenue).
Sunrise Realty Trust, Q1 2025: revenue $4.6M (+128% year over year), operating margin 67.1%, net earnings $3.1M, operating cash flow −$915K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6M | +34% | +128% |
| Operating profit | $3.1M | +67% | +76% |
| Net earnings | $3.1M | +67% | +76% |
| Operating cash flow | −$915K | — | — |
What changed
Revenue was $4.6M in Q1 2025, up 128% year over year and up 34% from the previous quarter.
Operating profit was $3.1M, a 67.1% margin (down 19.9 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, below the 87% margin then. Total costs grew 477% against revenue growth of 128%. The fastest-growing cost line was General & admin (+138597%). Net earnings were $3.1M, up 76% year over year. The effective tax rate was 0.0%.
Operating cash flow was −$915K. Non-cash charges added back $244K of share-based compensation. Working capital and other items used $4.3M.
Questions
What was Sunrise Realty Trust's revenue in the first quarter 2025?
Sunrise Realty Trust (SUNS) reported revenue of $4.6M for the first quarter 2025 (Q1 2025), +128% from a year earlier and +34% from the quarter before.
Was Sunrise Realty Trust profitable in the first quarter 2025?
Operating profit was $3.1M (67.1% of revenue) and net earnings $3.1M.