Greystone Housing Impact Investors LP GHI
The Partnership was formed in 1998 for the primary purpose of acquiring a portfolio of MRBs that are issued by state and local housing authorities to provide construction and/or permanent financing for affordable multifamily housing, seniors housing and commercial properties. The Partnership has also invested in GILs, which, similar to MRBs, provide financing for affordable multifamily properties. We expect and believe the interest received on MRBs and GILs is excludable from gross income for federal income tax purposes. We also invest in other types of securities that may or may not be secured by real estate and may make property loans to multifamily properties which may or may not be financed by MRBs or GILs held by us and may or may not be secured by real estate.
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 | $85.4M | $91.3M | $104.9M | $81.1M | $68.5M | $55.5M | $62.3M | $81.4M | $70.4M | $59.0M |
| SG&A | $19.0M | $19.7M | $20.4M | $17.4M | $14.8M | $13.0M | $15.6M | $13.1M | $12.8M | $10.8M |
| Total operating expenses | $82.8M | $70.2M | $83.9M | $55.4M | $45.8M | $49.7M | $47.9M | $48.1M | $51.5M | $44.3M |
| Operating income | — | — | — | — | — | — | — | — | — | $23.8M |
| Interest expense | $50.4M | $60.0M | $69.1M | $43.6M | $21.9M | $21.2M | $24.7M | $24.9M | $22.2M | $15.5M |
| Pre-tax income | -$6.8M | $21.4M | $54.0M | $65.5M | $38.2M | $7.3M | $30.5M | $40.2M | $36.7M | $28.7M |
| Income tax | $827.5K | $32.4K | $10.9K | $51.2K | $63.8K | $80.0K | $46.0K | $921.1K | $6.0M | $5.0M |
| Net income | -$7.6M | $21.3M | $54.0M | $65.6M | $38.1M | $7.2M | $30.5M | $41.1M | $30.6M | $23.8M |
| EPS, basic | -0.52 | 0.76 | 2.06 | 2.58 | 1.53 | — | — | — | — | — |
| EPS, diluted | -0.52 | 0.76 | 2.06 | 2.58 | 1.53 | 0.07 | 0.42 | 0.60 | 0.44 | 0.34 |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $39.5M | $14.7M | $37.9M | $51.2M | $68.3M | $44.5M | $42.3M | $32.0M | $69.6M | $20.7M |
| Property, plant and equipment | $3.6M | $4.9M | $4.7M | $36.6M | $59.7M | $59.0M | $61.6M | $64.6M | $76.7M | $114.2M |
| Total assets | $1.50B | $1.58B | $1.51B | $1.57B | $1.39B | $1.18B | $1.03B | $982.7M | $1.07B | $944.1M |
| Long-term debt | — | — | — | $1.7M | $26.8M | $26.0M | $26.8M | $27.5M | $35.5M | $51.4M |
| Total liabilities | $1.12B | $1.20B | $1.08B | $1.15B | $919.0M | $721.1M | $592.8M | $583.9M | $661.6M | $623.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $37.5M | $18.0M | $24.9M | $21.1M | $33.9M | $15.8M | $18.0M | $25.7M | $17.1M | $15.2M |
| Depreciation and amortisation | $9.0K | $23.9K | $1.5M | $2.7M | $2.7M | $2.8M | $3.1M | $3.6M | $5.2M | $6.9M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | $9.9M |
| Investing cash flow | $66.3M | -$105.2M | $53.6M | -$278.6M | -$187.5M | -$38.1M | $23.2M | $49.1M | -$26.3M | -$85.2M |
| Financing cash flow | -$80.3M | $70.8M | -$123.4M | $198.2M | $182.5M | $102.1M | -$31.3M | -$113.1M | $53.2M | $71.5M |
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 0001193125-26-108471.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.0M | $70.4M | $81.4M | $62.3M | $55.5M | $68.5M | $81.1M | $104.9M | $91.3M | $85.4M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $23.8M | $30.6M | $41.1M | $30.5M | $7.2M | $38.1M | $65.6M | $54.0M | $21.3M | -$7.6M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event Item 8.01
- Other event Item 8.01
- Officer or director change Item 5.02
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6199
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| AXP | AMERICAN EXPRESS CO | $211.52B | 20.4x | 6.4% |
| MSTR | Strategy Inc | $51.47B | — | 3.0% |
| COIN | Coinbase Global, Inc. | $43.32B | 37.0x | 9.4% |
| SYF | Synchrony Financial | $23.96B | 7.9x | — |
| CRCL | Circle Internet Group, Inc. | $21.32B | — | 624.0% |
| SOFI | SoFi Technologies, Inc. | $18.88B | 37.5x | 23.1% |
| BMNR | BITMINE IMMERSION TECHNOLOGIES, INC. | $13.51B | 1.7x | 84.1% |
| CHYM | Chime Financial, Inc. | $11.23B | — | 30.7% |