InPoint Commercial Real Estate Income, Inc. ICR-PA
InPoint Commercial Real Estate Income, Inc. (the "Company," "we," "our" or "us") holds a diversified portfolio of CRE investments primarily comprised of CRE debt, including (a) primarily floating rate first mortgage loans and (b) subordinate mortgage and mezzanine loans. We may also invest in participations in loans secured by CRE, floating rate CRE securities, such as CMBS, senior unsecured debt of publicly traded real estate investment trusts ("REITs") and select equity investments in single-tenant, net leased properties. Substantially all of our business is conducted through InPoint REIT Operating Partnership, LP (the "Operating Partnership"), a Delaware limited partnership. We are the sole general partner and directly or indirectly hold all of the limited partner interests in the Operating Partnership. We have elected to be taxed as a REIT for U.S. federal income tax purposes. We are not a mutual fund and do not intend to register as an investment company under the Investment Company Act of 1940, as amended (the "Investment Company Act").
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 | $23.0M | $24.4M | $38.8M | $38.0M | $28.3M | $24.1M | $20.3M | $7.0M | — | — |
| SG&A | — | — | — | — | — | — | — | — | $96.0K | — |
| Total operating expenses | $17.9M | $10.4M | $26.5M | $24.3M | $18.4M | $13.0M | $7.5M | $3.7M | $725.0K | — |
| Interest expense | $14.0M | $21.6M | $26.1M | $23.3M | $8.8M | $10.3M | $14.0M | $4.1M | $156.0K | — |
| Pre-tax income | -$1.6M | $12.7M | -$4.4M | $10.2M | $9.9M | -$28.8M | $13.7M | $2.1M | $139.0K | — |
| Income tax | $0 | $0 | $22.0K | $0 | $0 | — | $0 | $13.0K | $58.0K | — |
| Net income | -$1.6M | $12.7M | -$4.4M | $10.2M | $9.9M | -$28.8M | $13.7M | $2.1M | $81.0K | — |
| EPS, basic | -0.75 | 0.66 | -1.03 | 0.42 | 0.72 | -2.49 | — | — | — | — |
| EPS, diluted | -0.75 | 0.66 | -1.03 | 0.42 | 0.72 | -2.49 | 1.53 | 0.57 | 0.11 | — |
| Shares, diluted (wtd. avg.) | 10.1M | 10.1M | 10.1M | 10.6M | 11.5M | 11.6M | 9.0M | 3.6M | 757,025 | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $76.6M | $64.5M | $54.1M | $29.4M | $57.3M | $72.1M | $37.2M | $27.5M | $1.3M | $511.9K |
| Other intangibles | $4.1M | $3.0M | $0 | — | — | — | — | — | — | — |
| Total assets | $529.2M | $661.3M | $780.3M | $914.5M | $764.4M | $555.0M | $703.3M | $372.0M | $61.1M | $6.9M |
| Total liabilities | $303.0M | $416.7M | $529.8M | $635.9M | $457.3M | $314.7M | $447.2M | $229.8M | $19.2M | $1.0M |
| Retained earnings | -$115.1M | -$95.0M | -$89.0M | -$60.9M | -$52.3M | -$47.3M | -$9.8M | -$6.4M | -$1.4M | -$64.2K |
| Total equity | $226.2M | $244.6M | $250.6M | $278.6M | $307.1M | $240.3M | $256.2M | $142.3M | $42.0M | $5.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $11.4M | $18.0M | $16.2M | $18.5M | $11.6M | $12.0M | $10.1M | $3.2M | $307.0K | — |
| Depreciation and amortisation | $5.4M | $1.5M | $514.0K | $1.1M | $1.1M | $405.0K | — | — | — | — |
| Investing cash flow | $136.3M | $127.6M | $96.5M | -$180.6M | -$222.4M | $163.9M | -$317.6M | -$283.1M | -$52.8M | — |
| Financing cash flow | -$133.2M | -$135.2M | -$88.0M | $134.2M | $195.9M | -$141.5M | $316.6M | $307.0M | $53.4M | — |
| Dividends paid | $12.6M | $12.6M | $12.5M | $12.4M | $12.4M | $9.3M | $16.3M | $6.3M | $1.2M | — |
| Buybacks | — | $0 | $0 | $22.4M | $14.3M | $763.0K | $1.9M | $46.0K | — | — |
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 0001690012-26-000002.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $7.0M | $20.3M | $24.1M | $28.3M | $38.0M | $38.8M | $24.4M | $23.0M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | — | $81.0K | $2.1M | $13.7M | -$28.8M | $9.9M | $10.2M | -$4.4M | $12.7M | -$1.6M |
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
- Other event Item 8.01
- 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
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
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.
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