---
schema_version: "secwatch.filing_event.v1"
accession: "0000844059-23-000019"
form_type: "8-K"
ticker: "FRPH"
cik: "0000844059"
company_name: "FRP HOLDINGS, INC."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:22:35.332270+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FRP Holdings Q1 net income $0.06/share vs $0.07; pro-rata NOI up 34.9%

## Summary
- Q1 net income of $565K ($0.06 EPS) vs $672K ($0.07) prior year; operating profit increased $1.49M.
- Pro-rata NOI rose 34.9% to $6.99M; Mining Royalty revenue hit record quarter.
- Asset Management NOI up 60.6% to $787K; 99.4% leased across industrial portfolio.
- Development: Amber Ridge 144 of 187 lots sold; The Verge 32% leased; .408 Jackson 52.9% leased.
- Stabilized JV: The Maren 96.6% leased, Dock 79 92.5% leased; Riverside 96.5% leased.

## SEC filing metadata
- accession: 0000844059-23-000019
- form_type: 8-K
- ticker: FRPH
- cik: 0000844059
- company_name: FRP HOLDINGS, INC.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844059/000084405923000019/0000844059-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844059/000084405923000019/frphmarq23_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844059-23-000019
- JSON: https://secwatch.observer/filing/0000844059-23-000019.json
- Plain text: https://secwatch.observer/filing/0000844059-23-000019.txt

## Key facts
- Earnings Releases
  FRP HOLDINGS, INC. reported first quarter ended March 31, 2023 results: net income $565,000 or $.06 per share, EPS $.06 per share.
  - Period: first quarter ended March 31, 2023
  - Net income: $565,000 or $.06 per share
  - EPS: $.06 per share
  - Result: reported results
  source text: Net income for the first quarter of 2023 was $565,000 or $.06 per share versus $672,000 or $.07 per share in the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/844059/000084405923000019/0000844059-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.