See more : EXEL Industries SA (EXE.PA) Income Statement Analysis – Financial Results
Complete financial analysis of Franklin Street Properties Corp. (FSP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Franklin Street Properties Corp., a leading company in the REIT – Office industry within the Real Estate sector.
You may be interested
- Nano Nuclear Energy Inc (NNE) Income Statement Analysis – Financial Results
- Telia Company AB (publ) (TLSNY) Income Statement Analysis – Financial Results
- Waitr Holdings Inc. (ASAPQ) Income Statement Analysis – Financial Results
- Crestview Exploration Inc. (CRS.CN) Income Statement Analysis – Financial Results
- Renewable Energy Group, Inc. (REGI) Income Statement Analysis – Financial Results
Franklin Street Properties Corp. (FSP)
About Franklin Street Properties Corp.
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 145.71M | 165.62M | 209.36M | 245.85M | 269.07M | 268.87M | 272.59M | 249.89M | 243.87M | 249.68M | 213.64M | 162.80M | 126.84M | 114.60M | 121.91M | 118.99M | 121.22M | 115.76M | 96.38M | 100.01M | -669.00K | -894.00K | -818.00K | -860.00K | -299.00K | 0.00 |
| Cost of Revenue | 77.93M | 87.44M | 101.94M | 115.33M | 120.18M | 116.56M | 117.05M | 105.48M | 100.55M | 98.89M | 82.72M | 60.35M | 20.43M | 18.17M | 19.23M | 17.74M | 16.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 67.78M | 78.18M | 107.42M | 130.52M | 148.88M | 152.31M | 155.54M | 144.41M | 143.32M | 150.79M | 130.92M | 102.45M | 106.41M | 96.43M | 102.68M | 101.25M | 104.46M | 115.76M | 96.38M | 100.01M | -669.00K | -894.00K | -818.00K | -860.00K | -299.00K | 0.00 |
| Gross Profit Ratio | 46.51% | 47.20% | 51.31% | 53.09% | 55.33% | 56.65% | 57.06% | 57.79% | 58.77% | 60.39% | 61.28% | 62.93% | 83.89% | 84.14% | 84.23% | 85.09% | 86.17% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.01 | 0.46 | 0.14 | 0.02 | 0.05 | -0.06 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 14.02M | 13.89M | 15.90M | 15.00M | 14.47M | 13.07M | 13.47M | 13.72M | 12.88M | 0.00 | 0.00 | 0.00 | 6.91M | 9.29M | 8.89M | 8.27M | 7.47M | 8.52M | 7.45M | 5.69M | 5.71M | 5.09M | 5.23M | 3.07M | 2.59M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 411.00K | 408.00K | 0.00 | 0.00 | 0.00 | 0.00 | 1.48M | 1.80M | 2.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 14.02M | 13.89M | 15.90M | 15.00M | 14.47M | 13.07M | 13.47M | 14.13M | 13.29M | 12.98M | 11.91M | 9.92M | 6.91M | 10.76M | 10.69M | 10.42M | 7.47M | 8.52M | 7.45M | 5.69M | 5.71M | 5.09M | 5.23M | 3.07M | 2.59M | 0.00 |
| Other Expenses | 0.00 | 63.81M | 78.54M | 88.56M | 90.91M | 94.23M | 101.26M | 93.05M | 91.36M | 95.92M | 78.84M | 54.87M | 115.09M | 88.24M | 85.31M | 81.58M | 84.53M | 60.48M | 37.55M | -54.68M | 37.52M | 23.81M | 20.96M | 6.70M | -1.15M | -1.68M |
| Operating Expenses | 67.78M | 77.69M | 94.44M | 103.56M | 105.38M | 107.30M | 114.73M | 107.18M | 104.65M | 108.90M | 90.75M | 64.79M | 122.00M | 99.00M | 96.00M | 92.00M | 92.00M | 69.00M | 45.00M | -49.00M | 43.23M | 28.91M | 26.19M | 9.77M | 1.44M | -1.68M |
| Cost & Expenses | 146.69M | 165.13M | 196.38M | 218.89M | 225.56M | 223.86M | 231.78M | 212.65M | 205.20M | 207.79M | 173.47M | 125.14M | 122.00M | 99.00M | 96.00M | 92.00M | 92.00M | 69.00M | 45.00M | -49.00M | 43.23M | 28.91M | 26.19M | 9.77M | 1.44M | -1.68M |
| Interest Income | 567.00K | 22.81M | 32.27M | 36.03M | 36.76M | 0.00 | 0.00 | 0.00 | 1.00K | 3.00K | 16.00K | 51.00K | 22.00K | 25.00K | 97.00K | 2.48M | 2.38M | 3.00M | 1.59M | 868.00K | 367.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 24.32M | 22.81M | 32.27M | 36.03M | 36.76M | 38.37M | 32.39M | 26.55M | 25.43M | 27.43M | 21.05M | 16.07M | 12.67M | 7.28M | 6.57M | 4.92M | 7.68M | 2.45M | 3.00M | 1.53M | 1.04M | 0.00 | 0.00 | 0.00 | 0.00 | -1.68M |
| Depreciation & Amortization | 54.74M | 165.13M | 196.38M | 247.16M | 266.65M | 264.93M | 266.35M | 232.12M | 93.27M | 98.55M | 80.90M | 57.57M | 50.21M | 40.99M | 36.56M | 30.44M | 35.51M | 32.09M | 22.25M | 13.24M | 9.67M | 4.95M | 4.80M | 4.61M | 3.23M | 0.00 |
| EBITDA | 57.93M | 66.06M | 93.98M | 118.23M | 126.99M | 133.13M | 140.95M | 130.59M | 130.49M | 113.01M | 119.73M | 96.92M | 81.13M | 66.39M | 70.00M | 66.83M | 79.95M | 79.38M | 65.79M | 64.26M | 52.23M | 0.00 | 0.00 | 0.00 | 0.00 | -1.68M |
| EBITDA Ratio | 39.76% | 39.89% | 44.89% | 48.09% | 51.02% | 55.20% | 51.71% | 52.48% | 53.51% | 55.55% | 56.04% | 59.78% | 63.96% | 57.93% | 57.42% | 56.17% | 65.95% | 68.57% | 68.26% | 64.25% | -7,806.73% | -3,686.58% | -3,687.65% | -1,572.91% | -1,461.54% | 0.00% |
| Operating Income | -984.00K | 482.00K | 12.97M | 26.96M | 43.50M | 51.80M | 37.20M | 36.40M | 37.22M | 14.47M | 19.13M | 21.64M | 30.91M | 25.40M | 33.44M | 36.39M | 44.44M | 47.29M | 43.54M | 51.02M | 42.56M | 28.01M | 25.37M | 8.91M | 1.14M | -1.68M |
| Operating Income Ratio | -0.68% | 0.29% | 6.20% | 10.97% | 16.17% | 19.27% | 13.65% | 14.57% | 15.26% | 5.79% | 8.96% | 13.29% | 24.37% | 22.16% | 27.43% | 30.58% | 36.66% | 40.85% | 45.17% | 51.01% | -6,361.58% | -3,133.22% | -3,101.22% | -1,036.51% | -380.94% | 0.00% |
| Total Other Income/Expenses | -46.85M | -48.94M | 98.65M | -146.04M | -36.76M | 6.79M | -56.35M | -28.44M | -3.22M | -28.25M | -22.40M | -14.01M | -10.34M | -7.28M | -579.00K | -490.00K | 647.00K | 3.85M | 11.21M | 1.49M | -1.04M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | -47.83M | 1.30M | 92.93M | 32.87M | 6.74M | 13.43M | -15.54M | 8.80M | 35.45M | 13.65M | 17.77M | 23.68M | 18.25M | 18.11M | 26.87M | 31.47M | 36.75M | 44.84M | 40.54M | 49.49M | 41.52M | 28.01M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | -32.83% | 0.78% | 44.39% | 13.37% | 2.51% | 4.99% | -5.70% | 3.52% | 14.54% | 5.47% | 8.32% | 14.54% | 14.39% | 15.81% | 22.04% | 26.45% | 30.32% | 38.73% | 42.06% | 49.48% | -6,206.73% | -3,133.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 279.00K | 204.00K | 638.00K | 250.00K | 269.00K | 360.00K | 400.00K | 418.00K | 433.00K | 498.00K | 480.00K | 335.00K | 267.00K | 217.00K | -579.00K | -490.00K | 647.00K | 839.00K | 422.00K | 1.73M | 1.70M | 699.00K | 0.00 | 0.00 | 0.00 | 1.68M |
| Net Income | -48.11M | 1.09M | 92.72M | 32.62M | 6.48M | 13.07M | -15.94M | 8.38M | 35.01M | 13.15M | 19.83M | 7.63M | 43.52M | 22.09M | 27.87M | 31.96M | 61.09M | 110.93M | 75.12M | 47.76M | 46.38M | 27.31M | 25.37M | 8.91M | 1.14M | -1.68M |
| Net Income Ratio | -33.02% | 0.66% | 44.29% | 13.27% | 2.41% | 4.86% | -5.85% | 3.35% | 14.36% | 5.27% | 9.28% | 4.69% | 34.31% | 19.28% | 22.86% | 26.86% | 50.39% | 95.83% | 77.94% | 47.76% | -6,932.74% | -3,055.03% | -3,101.22% | -1,036.51% | -380.94% | 0.00% |
| EPS | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | 0.12 | -0.15 | 0.08 | 0.35 | 0.13 | 0.21 | 0.09 | 0.53 | 0.28 | 0.38 | 0.45 | 0.86 | 1.65 | 1.32 | 0.96 | 1.18 | 1.11 | 1.03 | 0.47 | 0.09 | -0.03 |
| EPS Diluted | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | 0.12 | -0.15 | 0.08 | 0.35 | 0.13 | 0.21 | 0.09 | 0.53 | 0.28 | 0.38 | 0.45 | 0.86 | 1.65 | 1.32 | 0.96 | 1.18 | 1.11 | 1.03 | 0.47 | 0.09 | -0.03 |
| Weighted Avg Shares Out | 103.36M | 103.34M | 106.67M | 107.30M | 107.23M | 107.23M | 107.23M | 102.84M | 100.19M | 100.19M | 93.86M | 82.94M | 81.86M | 79.83M | 73.00M | 70.48M | 70.65M | 67.16M | 56.91M | 49.75M | 39.31M | 24.61M | 24.63M | 18.97M | 12.00M | 49.63M |
| Weighted Avg Shares Out (Dil) | 103.36M | 103.34M | 106.67M | 107.30M | 107.23M | 107.23M | 107.23M | 102.84M | 100.19M | 100.19M | 93.86M | 82.94M | 81.86M | 79.83M | 73.00M | 70.48M | 70.65M | 67.16M | 56.91M | 50.13M | 39.31M | 24.61M | 24.63M | 18.97M | 12.00M | 50.13M |
Franklin Street Properties Corp. Appoints Bruce J. Schanzer to Board of Directors and Enters into Cooperation Agreement with Converium Capital Inc. and Erez Asset Management LLC
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that Bruce J. Schanzer will join the Company's Board of Directors (the “Board”), effective November 27, 2024. In addition,...
CRIANN boosts bandwidth in French research and education network with Adtran FSP 3000
SAINT-ÉTIENNE-DU-ROUVRAY, France--(BUSINESS WIRE)-- #5G--Adtran today announced that the Centre Régional Informatique et d'Applications Numériques de Normandie (CRIANN) is using its FSP 3000 optical transport technology and ALM fiber monitoring platform to boost the capacity and resilience of its research and...
Franklin Street Properties Corporation (FSP) Q3 2024 Earnings Call Transcript
Franklin Street Properties Corporation. (NYSE:FSP ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & Treasurer George Carter - Chairman & CEO...
Franklin Street Properties Corp. Announces Third Quarter 2024 Results
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the third quarter ended September 30, 2024. George J. Carter, Chairman and Chief Executive Officer,...
Franklin Street Properties Corp. to Announce Third Quarter 2024 Results
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the third quarter 2024 after the market closes on Tuesday, October...
Franklin Street Properties: Buying Hand Over Fist
Franklin Street Properties is a REIT trading below book value, with stabilized prices after a significant decline and a current price of $1.60. Lower interest rates and a modest uptick in the commercial real estate market create favorable conditions for...
Franklin Street Properties Corp. Declares Quarterly Dividend
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period July 1, 2024 through September 30,...
Cytek® Biosciences Brings Full Spectrum Profiling™ (FSP™) Technology to the Forefront at Major Clinical Conferences in the U.S. and Europe
FREMONT, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB) is set to elevate its presence at this year's premier clinical industry events across the globe.
Franklin Street Properties: Continuing On Its Course
Franklin Street Properties is a REIT trading massively below its estimated asset value. The company's stock price recovered slightly from recent lows. The company continues to focus on debt repayment through property sales, with a recent sale reducing debt by...
Franklin Street Properties Corporation (FSP) Q2 2024 Earnings Call Transcript
Franklin Street Properties Corporation (NYSE:FSP ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & Treasurer George Carter - Chairman & CEO...
Source: https://incomestatements.info
Category: Stock Reports