
FRP Holdings Inc
NASDAQ:FRPH

Income Statement
Earnings Waterfall
FRP Holdings Inc
Revenue
|
41.8m
USD
|
Cost of Revenue
|
-20.8m
USD
|
Gross Profit
|
21m
USD
|
Operating Expenses
|
-9.3m
USD
|
Operating Income
|
11.7m
USD
|
Other Expenses
|
-5.3m
USD
|
Net Income
|
6.4m
USD
|
Income Statement
FRP Holdings Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
32
N/A
|
33
+3%
|
34
+2%
|
35
+2%
|
35
+2%
|
36
+2%
|
37
+2%
|
37
+2%
|
38
+2%
|
31
-18%
|
25
-21%
|
20
-19%
|
16
-22%
|
18
+16%
|
21
+16%
|
22
+3%
|
22
+2%
|
23
+3%
|
23
+4%
|
24
+1%
|
24
+1%
|
24
+0%
|
23
-2%
|
24
+1%
|
24
+0%
|
24
+0%
|
26
+11%
|
29
+9%
|
31
+9%
|
34
+9%
|
35
+3%
|
36
+2%
|
37
+4%
|
39
+4%
|
40
+3%
|
41
+3%
|
42
+1%
|
42
+0%
|
41
-1%
|
41
+0%
|
42
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(15)
|
(12)
|
(12)
|
(11)
|
(15)
|
(18)
|
(17)
|
(17)
|
(16)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(16)
|
(15)
|
(15)
|
(19)
|
(22)
|
(26)
|
(29)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(23)
|
(22)
|
(21)
|
|
Gross Profit |
16
N/A
|
16
+1%
|
16
+3%
|
17
+3%
|
17
+2%
|
18
+5%
|
18
+1%
|
18
+3%
|
19
+3%
|
16
-16%
|
13
-19%
|
8
-36%
|
4
-49%
|
3
-17%
|
3
-9%
|
5
+43%
|
5
+20%
|
7
+22%
|
8
+21%
|
8
+5%
|
8
-2%
|
8
0%
|
8
-5%
|
8
+2%
|
9
+8%
|
9
+3%
|
8
-15%
|
7
-11%
|
5
-20%
|
5
0%
|
8
+47%
|
9
+15%
|
12
+30%
|
13
+14%
|
14
+6%
|
15
+9%
|
16
+3%
|
17
+7%
|
18
+7%
|
20
+9%
|
21
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6)
|
(5)
|
(5)
|
(4)
|
(0)
|
0
|
(2)
|
(2)
|
(5)
|
(6)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
|
Selling, General & Administrative |
(6)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
3
|
3
|
1
|
1
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
10
N/A
|
10
+3%
|
11
+10%
|
12
+8%
|
16
+35%
|
18
+8%
|
16
-11%
|
16
+3%
|
14
-16%
|
10
-24%
|
9
-9%
|
5
-48%
|
1
-79%
|
1
-9%
|
(0)
N/A
|
1
N/A
|
2
+37%
|
3
+64%
|
6
+80%
|
5
-5%
|
6
+5%
|
5
-10%
|
4
-17%
|
5
+5%
|
5
+14%
|
6
+13%
|
4
-24%
|
4
-19%
|
2
-36%
|
2
-3%
|
4
+101%
|
6
+25%
|
8
+44%
|
9
+19%
|
10
+7%
|
11
+10%
|
12
+4%
|
12
+0%
|
12
+0%
|
12
+2%
|
12
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
1
|
3
|
4
|
5
|
6
|
5
|
4
|
1
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(2)
|
(2)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(0)
|
(0)
|
6
|
6
|
6
|
6
|
(0)
|
0
|
0
|
60
|
60
|
0
|
0
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
4
|
9
|
9
|
60
|
58
|
52
|
52
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
60
|
60
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
9
N/A
|
9
-1%
|
9
+6%
|
10
+10%
|
20
+105%
|
22
+8%
|
20
-9%
|
20
-1%
|
10
-49%
|
7
-36%
|
5
-17%
|
61
+1 033%
|
57
-7%
|
57
0%
|
55
-2%
|
(1)
N/A
|
1
N/A
|
5
+207%
|
10
+113%
|
10
+1%
|
12
+20%
|
12
-2%
|
13
+12%
|
18
+36%
|
15
-16%
|
64
+330%
|
59
-8%
|
52
-12%
|
50
-2%
|
(0)
N/A
|
0
N/A
|
1
+298%
|
6
+666%
|
6
-1%
|
6
+1%
|
7
+18%
|
6
-3%
|
8
+18%
|
10
+30%
|
10
+2%
|
8
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(3)
|
(4)
|
(4)
|
(8)
|
(9)
|
(8)
|
(8)
|
(4)
|
(2)
|
(2)
|
(16)
|
(19)
|
(19)
|
(19)
|
(4)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(3)
|
(13)
|
(11)
|
(10)
|
(10)
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Income from Continuing Operations |
5
|
5
|
5
|
6
|
12
|
13
|
12
|
12
|
6
|
4
|
3
|
45
|
38
|
37
|
36
|
(5)
|
1
|
3
|
7
|
7
|
9
|
9
|
10
|
13
|
12
|
51
|
47
|
42
|
40
|
(0)
|
(0)
|
0
|
4
|
4
|
4
|
5
|
5
|
6
|
7
|
8
|
6
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(19)
|
(18)
|
(18)
|
2
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
(12)
|
(12)
|
(12)
|
(12)
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Net Income (Common) |
10
N/A
|
10
-3%
|
9
-14%
|
8
-5%
|
13
+57%
|
13
+4%
|
12
-9%
|
12
-1%
|
6
-48%
|
6
-6%
|
7
+16%
|
30
+345%
|
42
+38%
|
42
+0%
|
160
+282%
|
137
-14%
|
124
-9%
|
125
+0%
|
15
-88%
|
14
-2%
|
16
+12%
|
16
-2%
|
10
-36%
|
14
+34%
|
13
-7%
|
39
+210%
|
35
-10%
|
30
-14%
|
28
-7%
|
1
-98%
|
1
+112%
|
1
+12%
|
5
+275%
|
4
-2%
|
4
-1%
|
5
+18%
|
5
+2%
|
6
+14%
|
7
+24%
|
8
+1%
|
6
-16%
|
|
EPS (Diluted) |
0.53
N/A
|
0.51
-4%
|
0.44
-14%
|
0.42
-5%
|
0.65
+55%
|
0.68
+5%
|
0.62
-9%
|
0.61
-2%
|
0.31
-49%
|
0.29
-6%
|
0.33
+14%
|
1.5
+355%
|
2.07
+38%
|
2.09
+1%
|
7.98
+282%
|
6.75
-15%
|
6.15
-9%
|
6.24
+1%
|
0.73
-88%
|
0.72
-1%
|
0.81
+13%
|
0.8
-1%
|
0.52
-35%
|
0.71
+37%
|
0.66
-7%
|
2.1
+218%
|
1.88
-10%
|
1.61
-14%
|
1.5
-7%
|
0.03
-98%
|
0.06
+100%
|
0.07
+17%
|
0.24
+243%
|
0.24
N/A
|
0.24
N/A
|
0.28
+17%
|
0.28
N/A
|
0.32
+14%
|
0.4
+25%
|
0.4
N/A
|
0.34
-15%
|