Clipper Realty Inc. (CLPR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	151.5M	153.2M	148.8M	138.2M	129.7M
Cost of Revenue	84.4M	30.4M	63.9M	62.6M	61.9M
Gross Profit	67.1M	122.8M	84.8M	75.6M	67.9M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	16.2M	15.5M	14.2M	13.2M	12.8M
General & Admin Expense	16.2M	15.5M	14.2M	13.2M	12.8M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	16.3M	103.1M	30.2M	29.3M	27.5M
Total Operating Expenses	32.5M	118.6M	44.3M	42.5M	40.2M
Cost and Expenses	116.9M	149.0M	108.2M	105.0M	102.1M
Operating Income (EBIT)	34.5M	4.2M	40.5M	33.2M	27.6M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	30.1M	53.0M	47.1M	44.9M	40.2M
Net Interest Income	(30.1M)	(53.0M)	(47.1M)	(44.9M)	(40.2M)
Other Non-Op Income/Expense	(67.8M)	(24.1M)	(47.1M)	(48.7M)	(40.2M)
Non-Operating Income (excl Interest)	6.6M	(29.0M)	—	3.9M	—
EBT (Pre-Tax Income)	(33.3M)	(19.9M)	(6.6M)	(15.6M)	(12.6M)
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	(12.7M)	(19.9M)	(2.5M)	(5.9M)	(4.8M)
Earnings from Cont. Ops	(33.3M)	(19.9M)	(6.6M)	(15.6M)	(12.6M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(13.8M)	(19.9M)	(4.0M)	(7.2M)	(5.7M)
Per Share
Basic EPS	($0.60)	($0.47)	($0.25)	($0.55)	($0.36)
Diluted EPS	($0.60)	($0.47)	($0.25)	($0.45)	($0.36)
Revenue Per Share	$3.57	$3.61	$9.23	$10.48	$8.08
Shares
Basic Shares Outstanding	42.5M	42.5M	16.1M	13.2M	16.1M
Diluted Shares Outstanding	42.5M	42.5M	16.1M	16.1M	16.1M
Profitability Metrics
EBITDA	60.4M	64.5M	70.3M	58.2M	54.6M
D&A	32.5M	31.3M	29.8M	28.8M	27.0M
EBIT	27.9M	33.1M	40.5M	29.3M	27.6M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026