Name | Value |
---|---|
Revenues | 11.4M |
Cost of Revenue | 1.7M |
Gross Profit | 9.7M |
Operating Expense | 8.2M |
Operating I/L | 1.4M |
Other Income/Expense | -2.3M |
Interest Income | 0.1M |
Pretax | -0.9M |
Income Tax Expense | 2.5M |
Net Income/Loss | -0.8M |
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.