---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-005412"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:13:20.887375+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PINE Q1 net loss $0.08/share, FFO $0.44/share (+7.3% YoY), invests $79.2M at 9.0% yield

## Summary
- Total revenue $14.2M, up 14% YoY; net loss attributable to PINE $1.18M vs $0.26M last year.
- FFO per diluted share $0.44 (up 7.3% YoY); AFFO per share $0.44 (up 4.8% YoY).
- Closed 7 investments totaling $79.2M at 9.0% weighted avg initial cash yield; sold 3 properties for $11.7M.
- Quarterly dividend increased 42.5% since Q1 2020; current annualized $1.14/share; 65% AFFO payout ratio.
- Repurchased 273,825 shares for $4.5M under new $10M buyback program; $65M liquidity, no near-term debt maturities.

## SEC filing metadata
- accession: 0001558370-25-005412
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000155837025005412/0001558370-25-005412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837025005412/pine-20250424x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-005412
- JSON: https://secwatch.observer/filing/0001558370-25-005412.json
- Plain text: https://secwatch.observer/filing/0001558370-25-005412.txt

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