earnings
confidence high
sentiment negative
materiality 0.75
Orion Properties reports FY 2025 net loss of $139.3M; Core FFO $0.78/shr; initiates strategic review
Orion Properties Inc.
- FY 2025 total revenues $147.6M, down 10% YoY; net loss $(139.3M) vs $(103.0M) in 2024.
- Core FFO $43.7M ($0.78/diluted share) vs $56.8M ($1.01) in 2024; Q4 Core FFO $10.6M ($0.19).
- Portfolio occupancy 78.7%; completed 924K sqft leasing in 2025; sold 10 properties for $80.7M in 2025.
- Declares $0.02/shr quarterly dividend; strategic review ongoing includes potential sale of company.
- Arch Street JV in payment default; recorded $5.9M loan loss reserve, investment written down to zero.