Name | Value |
---|---|
Revenues | 11.2M |
Cost of Revenue | 1.4M |
Gross Profit | 9.7M |
Operating Expense | 7.8M |
Operating I/L | 1.8M |
Other Income/Expense | -2.6M |
Interest Income | 2.6M |
Pretax | 3.7M |
Income Tax Expense | -4.0M |
Net Income/Loss | 7.7M |
Alpine Income Property Trust, Inc. (NYSE: PINE) is a real estate investment trust specializing in acquiring, owning, and operating a portfolio of high-quality single-tenant net leased commercial income properties. The company generates revenue by leasing these properties to tenants who pay rent, providing a steady income stream for the trust. By focusing on single-tenant properties, Alpine minimizes its exposure to market fluctuations and vacancies, ensuring a reliable source of income. This business model allows the company to benefit from long-term, predictable cash flows while offering investors the opportunity to participate in the commercial real estate market.