CoverageForm 410-K10-Q8-K13D13G13F

BRMK · Broadmark Realty Capital 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 itemFY 2022FY 2021FY 2020
Revenue$122.36M--
Cost of Revenue---
Gross Profit---
R&D---
SG&A$13.30M$11.63M$13.39M
Total Operating Expenses--$37.62M
D&A--$93.0K
Operating Income($116.39M)$82.49M$90.23M
Interest Expense$8.64M$0-
Income Tax$0$0$90.0K
Net Income($116.39M)$82.49M$90.23M
EPS - Basic($0.88)$0.62$0.68
EPS - Diluted($0.88)$0.62$0.68

Balance Sheet

Line itemFY 2022FY 2021FY 2020
Cash & Equivalents$54.96M$132.89M$223.38M
Accounts Receivable---
Inventory---
Accounts Payable---
Current Assets---
Total Assets$1.05B$1.27B$1.19B
Current Liabilities---
Long-term Debt---
Total Liabilities$123.45M$122.69M$12.90M
Stockholders' Equity$928.05M$1.15B$454.98M
Retained Earnings($287.31M)($68.62M)($39.70M)

Cash Flow

Line itemFY 2022FY 2021FY 2020
Operating Cash Flow$57.22M$64.13M$61.34M
Investing Cash Flow($22.70M)($136.08M)$34.88M
Financing Cash Flow($112.44M)($18.54M)($111.06M)
CapEx$137.0K$0$261.0K
Free Cash Flow$57.08M$64.13M$61.08M

Ratios

MetricFY 2022FY 2021FY 2020
Profitability
Gross margin---
Operating margin-95.1%--
EBITDA margin---
Net margin-95.1%--
Free cash flow margin46.7%--
FCF / Net income-0.490.780.68
R&D / Revenue---
SG&A / Revenue10.9%--
Effective tax rate-0.0%0.1%
Return on assets-11.1%6.5%7.6%
Return on equity-12.5%7.2%19.8%
Return on invested capital---
Liquidity
Current ratio---
Quick ratio---
Cash ratio---
Leverage
Debt / Equity---
Debt / Assets---
Debt / EBITDA---
Interest coverage-13.5x--
Equity multiplier1.131.112.61
Liabilities / Assets0.120.100.01
Efficiency
Asset turnover0.12--
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)---
Revenue CAGR (3y)---
Revenue CAGR (5y)---
Gross profit growth (YoY)---
Operating income growth (YoY)--8.6%-
Net income growth (YoY)--8.6%-
EPS growth (YoY)--8.8%-
EPS CAGR (3y)---
EPS CAGR (5y)---
FCF growth (YoY)-11.0%5.0%-
FCF CAGR (5y)---
Book value growth (YoY)-19.2%152.4%-

Stability scores

Piotroski F-score

FY 2022 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Real Estate Investment Trusts

CompanyRevenue (last FY)Net marginROE
UMH$261.75M2.3%0.7%
ARE---9.2%
VTR$5.83B4.3%2.0%
SPG$6.36B72.7%88.8%
NYSE: KRC$1.11B0.0%0.0%

Comparing Broadmark Realty Capital Inc. against the 5 most active filers in the same SIC group.