See more : ProText Mobility, Inc. (TXTM) Income Statement Analysis – Financial Results
Complete financial analysis of BrightSpire Capital, Inc. (BRSP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of BrightSpire Capital, Inc., a leading company in the REIT – Diversified industry within the Real Estate sector.
You may be interested
- Vizsla Silver Corp. (VZLA) Income Statement Analysis – Financial Results
- Platina Resources Limited (PTNUF) Income Statement Analysis – Financial Results
- IG Acquisition Corp. (IGACU) Income Statement Analysis – Financial Results
- Hindoostan Mills Limited (HINDMILL.BO) Income Statement Analysis – Financial Results
- Silverton Energy, Inc. (SLTN) Income Statement Analysis – Financial Results
BrightSpire Capital, Inc. (BRSP)
About BrightSpire Capital, Inc.
BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 392.11M | 358.54M | 323.09M | 424.35M | 549.33M | 473.36M | 163.96M | 141.67M | 112.71M |
| Cost of Revenue | 194.30M | 165.46M | 131.23M | 211.98M | 310.50M | 253.10M | 29.00M | 26.94M | 1.99M |
| Gross Profit | 197.81M | 193.07M | 191.86M | 212.37M | 238.83M | 220.26M | 134.97M | 114.73M | 110.73M |
| Gross Profit Ratio | 50.45% | 53.85% | 59.38% | 50.05% | 43.48% | 46.53% | 82.32% | 80.99% | 98.24% |
| Research & Development | 0.00 | 0.13 | -0.34 | -0.90 | -0.82 | -0.34 | 0.82 | 0.00 | 0.00 |
| General & Administrative | 39.50M | 36.47M | 64.16M | 66.27M | 81.52M | 69.82M | 15.24M | 17.20M | 15.32M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 39.50M | 36.47M | 64.16M | 66.27M | 81.52M | 69.82M | 15.24M | 17.20M | 15.32M |
| Other Expenses | 152.66M | 113.32M | 32.63M | 138.33M | 321.46M | -2.77M | -390.00K | -56.00K | 721.00K |
| Operating Expenses | 192.16M | 149.78M | 96.80M | 204.59M | 402.98M | 271.07M | 24.10M | 20.20M | 16.04M |
| Cost & Expenses | 392.11M | 315.24M | 228.03M | 416.57M | 713.47M | 524.17M | 53.10M | 47.14M | 18.02M |
| Interest Income | 0.00 | 236.18M | 168.85M | 249.31M | 295.37M | 295.02M | 140.21M | 0.00 | 0.00 |
| Interest Expense | 25.91M | 28.72M | 32.28M | 48.86M | 55.42M | 43.44M | 5.10M | 0.00 | 18.95M |
| Depreciation & Amortization | 33.50M | 207.09M | 83.36M | 382.17M | 779.33M | 551.06M | 53.44M | 146.00K | 6.12M |
| EBITDA | 35.91M | 112.52M | 205.63M | -49.35M | -61.90M | 40.18M | 119.61M | 136.78M | 100.80M |
| EBITDA Ratio | 9.16% | 31.28% | 63.65% | -11.63% | -11.27% | 8.49% | 72.95% | 66.79% | 89.44% |
| Operating Income | 0.00 | 77.92M | 169.13M | -109.11M | -165.12M | -87.61M | 131.88M | 120.56M | 94.69M |
| Operating Income Ratio | 0.00% | 21.73% | 52.35% | -25.71% | -30.06% | -18.51% | 80.43% | 85.10% | 84.01% |
| Total Other Income/Expenses | -117.02M | -172.89M | -69.82M | -270.90M | -302.52M | -318.63M | 24.32M | -10.02M | -12.83M |
| Income Before Tax | -23.61M | 49.20M | 32.81M | -251.31M | -496.42M | -164.07M | 105.38M | 94.48M | 81.86M |
| Income Before Tax Ratio | -6.02% | 13.72% | 10.16% | -59.22% | -90.37% | -34.66% | 64.27% | 66.69% | 72.62% |
| Income Tax Expense | 1.06M | 2.44M | 6.28M | -10.90M | 3.17M | 37.06M | 2.21M | 1.52M | 247.00K |
| Net Income | -15.55M | 45.79M | 26.53M | -240.41M | -499.59M | -168.50M | 88.50M | 76.05M | 80.55M |
| Net Income Ratio | -3.97% | 12.77% | 8.21% | -56.65% | -90.95% | -35.60% | 53.98% | 53.68% | 71.47% |
| EPS | -0.12 | 0.35 | 0.21 | -1.87 | -3.89 | -1.40 | 0.65 | 0.59 | 0.63 |
| EPS Diluted | -0.12 | 0.34 | 0.21 | -1.87 | -3.89 | -1.40 | 0.65 | 0.59 | 0.63 |
| Weighted Avg Shares Out | 127.06M | 127.30M | 128.50M | 128.55M | 128.39M | 120.68M | 127.89M | 127.89M | 127.89M |
| Weighted Avg Shares Out (Dil) | 127.06M | 129.30M | 128.50M | 128.55M | 128.39M | 120.68M | 127.89M | 127.89M | 127.89M |
Mortgage REITs: High Yield Opportunity And Risk
Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sector has come...
BrightSpire Capital Announces $0.20 Per Share Dividend for First Quarter 2023
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending March 31, 2023....
BrightSpire Capital Announces $0.20 Per Share Dividend for First Quarter 2023
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company’s Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending March 31, 2023....
4 High Yielding REITs We're Buying Amid SVB Meltdown
For most banks and commercial mortgage REITs, higher interest rates are good news because they get paid more interest on their loans. This was not the case for SVB because so many of its assets were tied up in long-duration...
BrightSpire Capital, Inc. Announces 2023 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced the Board of Directors set March 21, 2023 as the record date for the Company's 2023 Annual Meeting of Stockholders. The 2023 Annual Meeting of Stockholders...
BrightSpire Capital, Inc. Announces 2023 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced the Board of Directors set March 21, 2023 as the record date for the Company's 2023 Annual Meeting of Stockholders. The 2023 Annual Meeting of Stockholders...
Warm Winter For Global Economy
U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its best week since late...
2 Can't-Miss Dividend Stocks, Yields Up To 12%
We look at two opportunities that you can capitalize on when thinking ahead to the coming recession. One is a high-yield, high-income opportunity, and the other is a lower-yielding but steady income grower.
BrightSpire Capital And An Overhang Called DigitalBridge
On March 1, BrightSpire Capital saw one of its largest single-day declines since April 2020 ending 16.6% below its previous close. The impetus for this was a new stock offering prospectus being filed -- though the offering is non-dilutive and...
BrightSpire Capital, Inc. Prices Secondary Offering by DigitalBridge Group, Inc.
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced today the pricing of a secondary offering of 30,358,213 shares of its Class A common stock by a selling stockholder affiliated with DigitalBridge Group, Inc. (“DigitalBridge”) at...
Source: https://incomestatements.info
Category: Stock Reports