David H. deVilliers, III
the Board of Directors unanimously appointed David H. deVilliers, III as the President
Highest-materiality recent filing
FRP Holdings Q1 net loss $0.7M vs income $1.7M; occupancy pressure continues
Net loss of $0.7M ($0.04/share) versus net income of $1.7M ($0.09/share) in Q1 2025.
FRP Holdings Q4 net income down 77% to $380K; full year down 48% on acquisition costs
Q4 net income $380K ($0.02/sh) vs $1.68M ($0.09/sh) prior year; includes $512K of Altman acquisition expenses.
FRP Holdings Q3 net income down 51%; Altman acquisition adds $1.3M expense
Net income $662K ($0.03 EPS) vs $1.36M ($0.07 EPS) in Q3 2024, hit by $1.3M Altman acquisition costs.
FRPH acquires Altman Logistics for $33.5M, gaining industrial pipeline and team
Purchase price $33.5M; net cash outlay $23.6M after $10M reimbursement for assigned bank account.
FRP Holdings reports 72% decline in Q2 net income due to legal costs and lower interest income
Net income fell 72% to $0.6 million from $2.0 million, impacted by $712,000 in legal expenses for a potential investment evaluation
FRP Holdings Q4 net income down 41.7% YoY to $1.68M; full-year net income up 20.4% to $6.39M
Q4 2024 net income $1.68M ($0.09/sh) vs $2.88M ($0.15/sh) in Q4 2023, down 41.7%.
FRP Holdings Q3 net income +8.1% to $1.36M; pro rata NOI +39% to $11.3M
Q3 net income $1.36M (+8.1%); EPS $0.07 flat YoY. Nine-month net income $4.71M (+94%).
FRP Holdings Q2 net income surges 242% to $2.0M; pro rata NOI up 21% to $9.2M
Net income $2.0M ($0.11/share) vs $598K ($0.03) YoY; EPS up 267%.
John D. Baker II retired as CEO effective May 8, 2024, remains Chairman; son John D. Baker III (age 39, former CFO) appointed CEO and director.
FRPH Q1 net income up 130% to $1.3M; new CEO, COO, CFO appointed
Net income $1.3M ($0.07 EPS) vs $565K ($0.03) YoY; 2-for-1 stock split adjusted.
FRP Holdings expands board, elects two directors; approves 2-for-1 stock split
Board expanded by one seat; David H. deVilliers Jr. (President) and Matthew S. McAfee elected to fill vacancies, including that of deceased director Charles E. Commander.
FRPH reports Q4 net income $0.30/share; announces 2-for-1 forward stock split
Q4 net income $2.88M ($0.30/sh), up from $2.76M ($0.29/sh) in Q4 2022; FY 2023 net income $5.30M ($0.56/sh) vs $4.57M ($0.48/sh).
FRP Holdings Q3 net income up 162% to $1.26M; mining royalties +24.7%
Q3 net income $1.26M ($0.13/sh) vs $0.48M ($0.05/sh) a year ago; operating profit up $1.05M.
FRP Holdings Q4 net income $2.76M ($0.29/share) vs loss a year ago; forms $326.5M DC partnership
Q4 net income $2.76M ($0.29/share) vs loss of $0.59M (-$0.06) in Q4 2021.
FRP Holdings partners with Steuart for up to 10 D.C. projects; SIC buys 20% of Dock 79, The Maren
SIC acquired 20% TIC interest in Dock 79 for $15.186M cash plus $18.414M assumed debt.
FRP Holdings Q3 2022 net income $480k ($0.05 EPS); pro-rata NOI up 41.6% YoY
Net income $480k vs $352k YoY; EPS $0.05 vs $0.04; nine-month net income $1.81M vs $28.8M (prior year included $51.1M gain on remeasurement).
FRP Holdings Q2 net income rises to $0.07 per share; asset management revenue up 55% YoY
Q2 2022 net income $657K ($0.07 EPS) vs $82K ($0.01 EPS) in Q2 2021.
FRP Holdings Q1 net income $672K, mining royalty record; founder dies
Net income $672K ($0.07/diluted) vs $28.4M ($3.03) in prior year which included $51.1M gain on remeasurement.
FRP Holdings acquires mining royalty property in Astatula, FL for $11.6M
Purchased 1,549-acre property adjacent to existing site in Astatula, FL for $11.6 million.
FRP Holdings reports FY 2021 net income $28.2M ($3.00/sh), NOI +22%; Q4 net loss $592K
FY 2021 net income $28.2M ($3.00 diluted EPS) vs $12.7M ($1.32) last year.
FRP Holdings Q3 net income falls to $0.04/share from $0.57, hit by prior-year property sales
Net income $352K ($0.04 diluted EPS) vs $5.455M ($0.57) in Q3 2020; revenue down on property sales and bond maturities.
FRP Holdings Q2 net income drops to $82K ($0.01/sh) from $4.1M; mining royalty revenue hits record
Q2 net income attributable $82K vs $4.1M YoY; EPS $0.01 vs $0.43; six-month net income $28.5M includes $51.1M Maren remeasurement gain.
the Board of Directors unanimously appointed David H. deVilliers, III as the President
David H. deVilliers, Jr., President of the Company and Vice Chairman of the Board of Directors, resigned from his position as President
David H. deVilliers, Jr., President and Chief Operating Officer of the Company and Vice Chairman of the Board of Directors, resigned from his position as Chief Operating Officer
the Board of Directors unanimously appointed John D. Baker III as the Company’s Chief Executive Officer, effective immediately
the Board of Directors unanimously appointed David H. deVilliers, III as the Chief Operating Officer of the Company
voted to expand the size of the Board of Directors by one seat and appointed John D. Baker III as a director
John D. Baker II, Chief Executive Officer and Chairman of the Board of Directors of FRP Holdings, Inc. (the “ Company ”) announced his retirement from his position as Chief Executive Officer, effective immediately.
the Board of Directors unanimously appointed Matthew C. McNulty as the Company’s Chief Financial Officer. His employment will be effective May 31, 2024.
the board of directors of FRP Holdings, Inc. (the “ Company ”) unanimously voted to expand the size of the board of directors by one seat and elect David H. deVilliers, Jr. and Matthew S. McAfee to fill the vacancies on the board of directors (one of which resulted from the passing of Charles E. Commander), with their respective terms commencing on March 6, 2024.
the board of directors of FRP Holdings, Inc. (the “ Company ”) unanimously voted to expand the size of the board of directors by one seat and elect David H. deVilliers, Jr. and Matthew S. McAfee to fill the vacancies on the board of directors (one of which resulted from the passing of Charles E. Commander), with their respective terms commencing on March 6, 2024.
On December 7, 2022, H.W. Shad III informed the board of directors of FRP Holdings, Inc. (the “ Company ”) that he will retire from the board of directors effective immediately.
On March 30, 2022, the board of directors of FRP Holdings, Inc. (the “ Company ”) unanimously voted to expand the size of the board of directors by two seats and to elect Nicole Thomas and John Surface to fill the vacant seats, effective April 1, 2022.
Max materiality 0.80 · Median 0.60 · Most common event earnings