Power REIT PW
REIT (the "Registrant" or the "Trust", and together with its consolidated subsidiaries or "Power REIT",
that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture ("CEA")
in the United States.
Trust is structured as a holding company and owns its assets through nineteen direct and indirect wholly-owned, special purpose subsidiaries
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 | $2.0M | $3.0M | $2.2M | $8.5M | $8.5M | $4.3M | $2.2M | $2.0M | $2.0M | $2.0M |
| SG&A | $1.2M | $1.5M | $1.8M | $1.5M | $880.9K | $527.8K | $408.5K | $398.4K | $384.1K | $339.8K |
| Total operating expenses | $5.7M | $28.4M | $17.6M | $22.8M | $3.3M | $2.1M | $1.2M | $1.1M | $1.3M | $1.7M |
| Operating income | $41.0M | — | $30.8M | $24.5M | $24.8M | $22.7M | — | — | — | — |
| Interest expense | $2.1M | $3.9M | $2.7M | $1.8M | $1.1M | $1.2M | $527.4K | $478.2K | $489.6K | $502.4K |
| Net income | -$2.2M | -$24.7M | -$14.4M | -$14.3M | $5.1M | $2.2M | $946.9K | $838.8K | $718.5K | $247.2K |
| EPS, basic | -0.83 | -7.48 | -4.43 | -4.41 | 1.41 | 0.99 | 0.36 | — | — | — |
| EPS, diluted | -0.83 | -7.48 | -4.43 | -4.41 | 1.38 | 0.96 | 0.36 | 0.30 | 0.24 | -0.02 |
| Shares, diluted (wtd. avg.) | 3.4M | 3.4M | 3.4M | 3.4M | 3.3M | 2.0M | 1.9M | 1.8M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.2M | $2.2M | $4.1M | $3.8M | $3.2M | $5.6M | $15.8M | $1.8M | $1.1M | $717.1K |
| Other intangibles | $2.0M | $2.3M | $2.5M | $2.7M | $3.0M | $3.4M | $3.6M | $3.8M | $4.1M | $4.3M |
| Total assets | $26.9M | $46.1M | $70.2M | $86.2M | $85.3M | $40.5M | $37.7M | $21.9M | $21.5M | $21.2M |
| Accounts payable | — | — | — | — | — | — | — | $24.8K | $21.2K | $84.8K |
| Short-term debt | $759.8K | $17.4M | $15.0M | $624.5K | $641.2K | $605.3K | $564.7K | $390.0K | $366.5K | $344.1K |
| Total current liabilities | — | $17.4M | $15.5M | — | — | — | — | — | — | — |
| Long-term debt | $19.2M | $20.0M | $20.7M | $37.2M | $22.6M | $23.2M | $23.8M | $9.2M | $9.5M | $9.9M |
| Total liabilities | $21.8M | $39.3M | $39.4M | $41.9M | $27.0M | $25.3M | $24.6M | $9.7M | $10.1M | $10.4M |
| Retained earnings | -$51.9M | -$49.7M | -$25.0M | -$10.8M | $4.1M | -$361.0K | -$2.3M | -$2.9M | -$3.5M | -$3.9M |
| Total equity | $5.1M | $6.8M | $30.8M | $44.3M | $49.8M | $11.7M | $9.6M | $8.7M | $7.9M | $7.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$68.3K | -$1.4M | -$2.6M | $6.8M | $8.0M | $3.0M | $1.4M | $1.3M | $1.1M | $884.2K |
| Depreciation and amortisation | $63.6K | $819.9K | $2.3M | $1.5M | $867.0K | $141.7K | $38.8K | — | — | — |
| Stock-based compensation | $334.2K | $693.6K | $885.3K | $682.3K | $382.3K | $255.6K | $205.3K | $222.7K | $195.9K | $195.8K |
| Capital expenditure | — | — | $15.0K | — | — | — | — | — | — | — |
| Investing cash flow | $542.9K | $1.8M | $5.2M | -$21.0M | -$42.1M | -$12.3M | -$1.8M | — | — | — |
| Financing cash flow | -$470.8K | -$2.2M | -$2.3M | $14.8M | $31.7M | -$878.1K | $14.5M | -$641.7K | -$624.0K | -$602.9K |
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 0001493152-26-040264.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $2.0M | $2.0M | $2.2M | $4.3M | $8.5M | $8.5M | $2.2M | $3.0M | $2.0M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $247.2K | $718.5K | $838.8K | $946.9K | $2.2M | $5.1M | -$14.3M | -$14.4M | -$24.7M | -$2.2M |
Recent filings and events
- 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
- 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 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
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Annual report filed Form 10-K
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event Item 8.01
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Shareholder vote Item 5.07
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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