secwatch.observer — SEC 8-K summary
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Issuer:     STRATUS PROPERTIES INC (STRS)
CIK:        0000885508
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0000885508-25-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stratus Properties reports full-year 2024 net income $2.0M vs loss $14.8M; revenue triples to $54.2M
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- Net income attributable to common stockholders of $2.0M ($0.24 diluted EPS) vs net loss of $14.8M ($1.85 loss per share) in 2023.
- Revenue increased to $54.2M from $17.3M driven by sales of five Amarra Villas homes ($18.9M) and 47 acres at Magnolia Place ($14.5M).
- After-tax Net Asset Value rose to $330.5M ($40.38/share) from $321.7M ($39.40/share) year-over-year.
- Refinanced or amended project loans in Q4 2024 and Q1 2025, generating $7.7M in cash proceeds and lowering interest rates.
- Cash and cash equivalents $20.2M at Dec 31, 2024; no balance on $39M revolving credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885508/000088550825000020/0000885508-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885508/000088550825000020/strs-20250328.htm
  HTML page:      https://secwatch.observer/filing/0000885508-25-000020

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