BBX Capital Q1 2024 net loss of $13.0M vs income $7.9M YoY; revenue down 15%

BBX Capital, Inc.

2024-Q1 EPS reported -$0.94 revenue$80,967,000

Total revenue $81.0M, down from $95.0M in Q1 2023.
Net loss attributable to shareholders $13.0M ($0.94 diluted loss per share) vs net income $7.9M ($0.55 EPS).
Cash and cash equivalents $108.2M; total assets $657.9M; shareholders' equity $299.3M.
Fully diluted book value per share $20.20 as of March 31, 2024.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BBX Capital, Inc. reported the first quarter of 2024 results: revenue $81.0 million, net income $(13.0) million, EPS ($0.94).

Period: the first quarter of 2024
Revenue: $81.0 million
Net income: $(13.0) million
EPS: ($0.94)
Result: reported results

Exact text from the filing

quarter of 2024. Selected highlights of BBX Capital’s consolidated financial results include: First Quarter 2024 Compared to First Quarter 2023 ● Total consolidated revenues of $81.0 million vs. $95.0 million ● Loss before income taxes of $(15.4) million vs. income before taxes of $9.2 million ● Net loss attributable to shareholders of $(13.0) million vs. net income

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Source: SEC EDGAR

accession 0001437749-24-016014

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