BRG · Bluerock Residential Growth REIT, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.59M | $63.25M | - | $53.80M | $53.84M | $55.80M | - | $54.59M | $53.03M | $56.24M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $7.28M | $7.92M | - | $6.86M | $6.59M | $6.64M | - | $5.90M | $5.30M | $6.37M |
| Total Operating Expenses | $52.69M | $51.75M | - | $47.01M | $46.68M | $48.59M | - | $48.16M | $45.56M | $49.15M |
| D&A | $21.43M | $22.83M | - | $19.20M | $19.93M | $21.20M | - | $19.22M | $20.07M | $21.90M |
| Operating Income | $6.90M | $11.50M | - | $6.79M | $7.16M | $7.21M | - | $6.43M | $7.47M | $7.09M |
| Interest Expense | - | - | - | - | - | - | - | - | $6.87M | $7.79M |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($17.27M) | ($15.40M) | - | $12.54M | ($5.43M) | $23.58M | - | ($17.06M) | $15.09M | ($16.49M) |
| EPS - Basic | ($0.59) | ($0.55) | - | $0.46 | ($0.21) | $1.00 | - | ($0.71) | $0.61 | ($0.70) |
| EPS - Diluted | ($0.59) | ($0.55) | - | $0.45 | ($0.21) | $1.00 | - | ($0.71) | $0.61 | ($0.70) |
Balance Sheet
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $244.92M | $247.56M | $166.49M | $163.35M | $136.77M | $148.07M | $83.87M | $91.84M | $211.97M | $94.18M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.64B | $2.58B | $2.60B | $2.47B | $2.46B | $2.42B | $2.49B | $2.44B | $2.51B | $2.48B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $1.39B | $1.37B | $1.36B | $1.34B | $1.34B | $1.43B | $1.49B | $1.43B | $1.41B | $1.40B |
| Total Liabilities | $1.51B | $1.44B | $1.44B | $1.40B | $1.49B | $1.51B | $1.61B | $1.52B | $1.58B | $1.61B |
| Stockholders' Equity | $50.62M | $68.80M | $83.87M | $111.27M | $125.70M | $106.28M | $58.41M | $106.64M | $126.63M | $114.21M |
| Retained Earnings | ($369.70M) | ($347.48M) | ($327.27M) | ($295.67M) | ($303.96M) | ($293.77M) | ($313.39M) | ($283.54M) | ($262.45M) | ($273.54M) |
Cash Flow
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $21.59M | - | - | - | $17.54M | - | - | - | $19.12M |
| Investing Cash Flow | - | $69.38M | - | - | - | $186.68M | - | - | - | ($65.04M) |
| Financing Cash Flow | - | ($12.29M) | - | - | - | ($142.49M) | - | - | - | $111.19M |
| CapEx | - | $8.21M | - | - | - | $4.16M | - | - | - | $6.20M |
| Free Cash Flow | - | $13.38M | - | - | - | $13.38M | - | - | - | $12.91M |
Ratios
| Metric | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 11.6% | 18.2% | - | 12.6% | 13.3% | 12.9% | - | 11.8% | 14.1% | 12.6% |
| EBITDA margin | 47.5% | 54.3% | - | 48.3% | 50.3% | 50.9% | - | 47.0% | 51.9% | 51.5% |
| Net margin | -29.0% | -24.3% | - | 23.3% | -10.1% | 42.3% | - | -31.2% | 28.5% | -29.3% |
| Free cash flow margin | - | 21.2% | - | - | - | 24.0% | - | - | - | 23.0% |
| FCF / Net income | - | -0.87 | - | - | - | 0.57 | - | - | - | -0.78 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.2% | 12.5% | - | 12.7% | 12.3% | 11.9% | - | 10.8% | 10.0% | 11.3% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.7% | -0.6% | - | 0.5% | -0.2% | 1.0% | - | -0.7% | 0.6% | -0.7% |
| Return on equity | -34.1% | -22.4% | - | 11.3% | -4.3% | 22.2% | - | -16.0% | 11.9% | -14.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 27.52 | 19.93 | 16.27 | 12.05 | 10.69 | 13.50 | 25.53 | 13.39 | 11.10 | 12.25 |
| Debt / Assets | 0.53 | 0.53 | 0.53 | 0.54 | 0.55 | 0.59 | 0.60 | 0.58 | 0.56 | 0.56 |
| Debt / EBITDA | 49.19 | 39.94 | - | 51.61 | 49.61 | 50.49 | - | 55.67 | 51.01 | 48.28 |
| Interest coverage | - | - | - | - | - | - | - | - | 1.1x | 0.9x |
| Equity multiplier | 52.19 | 37.56 | 30.99 | 22.17 | 19.54 | 22.73 | 42.63 | 22.90 | 19.79 | 21.75 |
| Liabilities / Assets | 0.57 | 0.56 | 0.55 | 0.57 | 0.61 | 0.62 | 0.65 | 0.62 | 0.63 | 0.65 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | 0.02 | - | 0.02 | 0.02 | 0.02 | - | 0.02 | 0.02 | 0.02 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.7% | 13.3% | - | -1.5% | 1.5% | -0.8% | - | 1.9% | 1.1% | 9.3% |
| Revenue CAGR (3y) | 4.4% | 7.1% | - | 21.3% | 6.2% | 10.0% | - | 22.0% | 25.2% | 28.2% |
| Revenue CAGR (5y) | 17.1% | 18.9% | - | 22.3% | 24.0% | 27.4% | - | 36.4% | 38.3% | 44.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -3.6% | 59.5% | - | 5.6% | -4.3% | 1.7% | - | -26.4% | -30.1% | -18.9% |
| Net income growth (YoY) | -218.2% | - | - | - | - | - | - | - | - | -36.4% |
| EPS growth (YoY) | -181.0% | - | - | - | - | - | - | - | - | -32.1% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | -3.1% | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 0.0% | - | - | - | 3.6% | - | - | - | 176.1% |
| FCF CAGR (5y) | - | - | - | - | - | 12.4% | - | - | - | - |
| Book value growth (YoY) | -59.7% | -35.3% | 43.6% | 4.3% | -0.7% | -6.9% | -54.2% | -19.8% | 9.7% | -15.4% |
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing Bluerock Residential Growth REIT against the 5 most active filers in the same SIC group.