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Belpointe PREP, LLC

Belpointe PREP, LLCOZEarnings & Financial Report

NYSE · Real Estate · Real Estate
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

Revenue

$2.0M

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$-7.6M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-381.0%

YoY Growth

421.4%

EPS

$-2.06

Belpointe PREP, LLC Q2 FY2025 Financial Summary

Belpointe PREP, LLC reported revenue of $2.0M (up 421.4% YoY) for Q2 FY2025, with a net profit of $-7.6M (down 61.6% YoY) (-381.0% margin).

Key Financial Metrics

Total Revenue$2.0M
Net Profit$-7.6M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ2 FY2025

Belpointe PREP, LLC Annual Revenue by Year

Belpointe PREP, LLC annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.2M).

YearAnnual Revenue
2025$9.2M
2024$2.7M
2023$2.3M
2022$1.4M

Belpointe PREP, LLC Quarterly Revenue & Net Profit History

Belpointe PREP, LLC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$3.1M+180.1%$-11.7M-380.8%
Q3 FY2025$2.4M+177.0%$-12.1M-509.3%
Q2 FY2025$2.0M+421.4%$-7.6M-381.0%
Q1 FY2025$1.7M+416.0%$-8.6M-495.6%
Q4 FY2024$1.1M+114.1%$-8.2M-752.0%
Q3 FY2024$860.0K+83.8%$-6.9M-805.6%
Q2 FY2024$384.0K-50.6%$-4.7M-1229.2%
Q1 FY2024$337.0K-32.2%$-4.0M-1181.3%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$337000$384000$860000$1.1M$1.7M$2.0M$2.4M$3.1M
YoY Growth-32.2%-50.6%83.8%114.1%416.0%421.4%177.0%180.1%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$450.9M$476.2M$495.7M$517.6M$537.4M$556.8M$570.8M$564.2M
Liabilities$129.1M$159.3M$184.7M$213.5M$241.6M$265.0M$286.7M$289.0M
EquityN/AN/AN/AN/AN/AN/AN/AN/A

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-6.6M$1.2M$-3.3M$-13.7M$-6.6M$-2.4M$-6.0M$-25.2M