Cantor Fitzgerald Income Trust, Inc. CFTR-PA
References herein to "Cantor Fitzgerald Income Trust," "Company," "we," "us," or "our" refer to Cantor Fitzgerald Income Trust, Inc., formally known as Rodin Global Property Trust, Inc., a Maryland corporation, and its subsidiaries unless the context specifically requires otherwise.
The Company is a Maryland corporation that has elected and qualified to be taxed as a real estate investment trust ("REIT") for United States ("U.S.") federal income tax purposes beginning with the taxable year ending December 31, 2017. The Company is externally managed by the Advisor, a Delaware limited liability company and wholly owned subsidiary of the Company's sponsor, CFI. The Company is a commercial real estate company formed to invest in and manage a diversified portfolio of income-producing commercial properties and multifamily properties, as well as other real estate-related assets.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $97.9M | $95.5M | $90.6M | $72.8M | $36.3M | $15.7M | $11.4M | $2.2M | $222.7K | $0 |
| SG&A | $720.6K | $307.2K | $5.1M | $5.8M | — | — | — | — | $1.9M | — |
| Total operating expenses | $79.2M | $78.8M | $81.0M | $67.3M | $30.4M | $10.1M | $8.4M | $1.7M | $2.2M | — |
| Interest expense | $28.8M | $27.3M | $22.8M | $16.7M | $8.8M | $3.9M | $3.2M | $626.4K | $93.2K | — |
| Net income | -$8.4M | -$9.1M | -$6.9M | -$5.0M | -$697.1K | $1.8M | $848.4K | $705.3K | -$2.0M | — |
| EPS, basic | -0.70 | -0.66 | -0.44 | -0.38 | -0.09 | — | — | — | — | — |
| EPS, diluted | -0.70 | -0.66 | -0.44 | -0.38 | -0.09 | 0.29 | 0.19 | 0.33 | -8.47 | — |
| Shares, diluted (wtd. avg.) | $12.1M | $13.7M | $15.5M | $13.2M | $7.8M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $25.4M | $36.1M | $30.4M | $27.6M | $15.4M | $33.5M | $17.3M | $14.0M | $7.7M | $201.0K |
| Other intangibles | $68.0M | $71.7M | $75.2M | $85.1M | $61.6M | $18.6M | $20.8M | $12.6M | $1.3M | — |
| Total assets | $1.14B | $1.13B | $1.14B | $1.12B | $750.6M | $241.4M | $223.6M | $139.4M | $25.7M | $201.0K |
| Long-term debt | $600.7M | — | — | — | — | — | — | — | — | — |
| Total liabilities | $666.5M | $616.3M | $592.0M | $526.6M | $396.7M | $95.8M | $95.6M | $59.4M | $6.9M | — |
| Retained earnings | -$142.0M | -$115.7M | -$85.4M | -$55.1M | -$30.1M | -$17.7M | -$10.5M | -$4.7M | -$2.3M | — |
| Total equity | $170.0M | $226.5M | $551.5M | $595.3M | $353.9M | $145.5M | $128.1M | $79.9M | $18.9M | $201.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $27.4M | $30.3M | $20.9M | $22.8M | $10.4M | $7.0M | $3.8M | $1.8M | $133.5K | — |
| Depreciation and amortisation | $37.2M | $35.6M | $36.0M | $33.8M | $16.6M | $6.6M | $5.1M | $989.9K | $116.7K | — |
| Capital expenditure | $2.0M | $2.8M | — | — | — | — | — | — | — | — |
| Investing cash flow | -$10.9M | $24.7M | -$11.3M | -$112.6M | -$128.4M | -$7.6M | -$41.4M | -$56.6M | -$18.0M | — |
| Financing cash flow | -$29.4M | -$50.2M | -$8.2M | $109.3M | $103.6M | $16.8M | $40.8M | $61.2M | $25.3M | — |
| Dividends paid | $13.2M | $15.3M | $21.5M | $18.2M | $7.5M | $5.6M | $4.2M | $1.9M | $161.4K | — |
| Buybacks | $40.4M | $59.6M | $59.4M | $8.9M | $7.3M | $4.5M | $1.2M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-120239.
Others in SIC 6798
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| WELL | WELLTOWER INC. | $166.72B | 169.9x | 40.2% |
| PLD | Prologis, Inc. | $128.05B | 38.6x | 7.2% |
| EQIX | EQUINIX INC | $102.22B | 75.3x | 5.4% |
| AMT | AMERICAN TOWER CORP /MA/ | $81.93B | 32.6x | 20.8% |
| SPG | SIMON PROPERTY GROUP INC. | $67.86B | 14.8x | 6.7% |
| DLR | DIGITAL REALTY TRUST, INC. | $66.20B | 52.6x | 10.0% |
| O | REALTY INCOME CORP | $57.96B | 52.4x | 9.1% |
| PSA | Public Storage | $53.04B | 33.5x | 2.7% |