---
schema_version: "secwatch.filing_event.v1"
accession: "0000844059-23-000029"
form_type: "8-K"
ticker: "FRPH"
cik: "0000844059"
company_name: "FRP HOLDINGS, INC."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T20:52:23.457739+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FRP Holdings Q2: net income $0.06/sh; pro-rata NOI up 16.3%; mining royalties record

## Summary
- Net income $598K ($0.06) vs $657K ($0.07) YoY; operating profit +$701K on improved revenues.
- Pro-rata NOI +16.3% to $7.61M; mining royalty revenue +13.2% to highest Q2 ever.
- Asset Mgmt revenue +55.7% to $1.42M; NOI +23.8% to $843K; portfolio 95.6% occupied.
- Equity in loss of JVs increased $2.281M due to lease-up at The Verge and .408 Jackson.
- Repurchased 18,340 shares at avg $54.52; delaying vertical construction; Investor Day Oct 11.

## SEC filing metadata
- accession: 0000844059-23-000029
- form_type: 8-K
- ticker: FRPH
- cik: 0000844059
- company_name: FRP HOLDINGS, INC.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844059/000084405923000029/0000844059-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844059/000084405923000029/frphjunq23_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844059-23-000029
- JSON: https://secwatch.observer/filing/0000844059-23-000029.json
- Plain text: https://secwatch.observer/filing/0000844059-23-000029.txt

## Key facts
- Earnings Releases
  FRP HOLDINGS, INC. reported financial results for the second quarter ended June 30, 2023.
  - Period: the second quarter ended June 30, 2023
  - Result: reported results
  source text: On August 9, 2023, FRP Holdings, Inc. issued a press release announcing results of operations for the second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/844059/000084405923000029/0000844059-23-000029-index.htm

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