earnings
confidence high
sentiment negative
materiality 0.70
CMCT reports Q1 net loss of $11.9M, FFO loss $5.4M; repays credit facility with $35.5M mortgage
Creative Media & Community Trust Corp
2025-Q1 EPS reported
-$20.73
revenue$32,295,000
- Net loss attributable to common stockholders of $(11.9)M ($(20.73)/diluted share) vs $(12.3)M in Q1 2024.
- FFO attributable to common stockholders $(5.4)M ($(9.42)/share); Core FFO $(5.1)M ($(8.85)/share).
- Same-store office portfolio 71.4% leased; executed 30,333 sq ft of leases in Q1.
- Closed $35.5M mortgage on Austin office on April 3, fully repaying $169M 2022 Credit Facility.
- 1-for-25 reverse stock split effective April 15, 2025.