Alpine Income Property Trust, Inc. (New York Stock Exchange:PINE)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Keeps a healthy share of every dollar it sells.
- Revenue
- $75.8M
- Net income
- $11.3M
- Net margin
- 15.0%
Heavily indebted for what it earns.
- Total debt
- $396.7M
- Cash
- $11.7M
- Net debt / EBITDA
- 6.64x
Covers near-term obligations, without much room.
- Current assets
- $37.7M
- Current liabilities
- $26.8M
- Current ratio
- 1.41
Consumes cash and must keep raising it.
- Operating cash flow
- $14.7M
- Free cash flow
- -$82.5M
- FCF margin
- -108.9%
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 17.7M
- Share growth (1y)
- 25.0%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
PINE Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | 20.46 M | 20.00 M | 18.41 M | 16.90 M | 14.56 M | 14.86 M |
| Revenue Growth (YoY) | 40.49 % | 34.58 % | 29.56 % | 22.54 % | 8.03 % | 19.00 % |
| Cost of Revenue | 3.54 M | 2.08 M | 18.00 M | 3.07 M | 2.97 M | 2.10 M |
| Gross Profit | 16.93 M | 17.92 M | 402.00 K | 13.83 M | 11.59 M | 12.76 M |
| SG&A Expense | 569.00 K | 2.03 M | 1.86 M | 459.00 K | 613.00 K | 1.70 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 7.10 M | 9.21 M | -6.63 M | 7.23 M | 9.17 M | 10.27 M |
| Operating Income | 9.82 M | 8.71 M | 7.03 M | 6.60 M | 2.42 M | 2.49 M |
| Pretax Income | 5.01 M | 3.00 M | 2.36 M | 1.60 M | -1.42 M | -1.78 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 4.69 M | 3.00 M | 2.19 M | 1.47 M | -1.31 M | -1.64 M |
| EPS (Basic) | 0.19 | 0.18 | 0.07 | 0.06 | -0.09 | -0.11 |
| EPS (Diluted) | 0.18 | 0.16 | 0.06 | 0.06 | -0.09 | -0.11 |
| Shares Outstanding | 17.69 M | 17.07 M | 15.54 M | 14.33 M | 14.16 M | 14.20 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.