BBXIA
BBX Capital, Inc.4.3700
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
65.12MP/E (TTM)
-Basic EPS (TTM)
-5.02Dividend Yield
0%Recent Filings
8-K
BBX Capital's cost-saving pivot
BBX Capital announced on April 8, 2025, strategic moves to safeguard its $87.7 million cash pile amid economic headwinds battering subsidiaries, including potential sales of assets, operational shutdowns, halted real estate projects, staff cuts, and executive pay slashes. The company will deregister its Class A and B common stocks with the SEC via Form 15, suspending reporting duties while shifting to OTC Markets filings for continued trading. Board shrinks to seven members. Yet risks loom: impairments could hit hard.
10-K
FY2024 results
BBX Capital, Inc., a diversified holding company, reported a net loss of $63.9 million for FY2024, up from $20.8 million in FY2023, driven by challenges in its real estate and confectionery segments amid economic uncertainty. Revenues fell 23.4% to $307.3 million, reflecting declines in trade sales and construction contracts. Altman, the real estate segment, swung to a $10.7 million loss from a $22.4 million profit, due to fewer lot sales and higher costs. BBX Sweet Holdings' loss widened to $22.1 million from $11.7 million, hit by 10.4% lower comparable store sales at IT'SUGAR. Renin improved to a $1.0 million loss from $10.2 million, aided by cost reductions. The company holds $87.7 million in cash and is exploring strategic alternatives like asset sales and deregistration to cut costs and preserve liquidity.
10-Q
Q3 FY2024 results
BBX Capital's Q3 revenues fell 24% y/y to $78.4M, driven by softer real estate fees and construction activity at Altman amid higher costs and delayed projects, while trade sales dipped amid economic pressures. Operating losses widened to $11.3M from $9.6M y/y, with net loss attributable to shareholders at $9.9M or $0.74/share, reflecting y/y declines in EPS (derived). Altman's challenges persist from subcontractor issues and financing hurdles, yet liquidity holds at $93.4M cash plus $8.3M short-term investments, supporting $86.2M debt mainly tied to developments. Free cash flow not disclosed in the 10-Q. Competition in retail and real estate weighs on margins.
8-K
Q3 revenues fall, losses widen
BBX Capital reported third-quarter 2024 results on November 12, showing revenues dropping to $78.4 million from $103.3 million a year earlier, while the net loss widened to $9.9 million from $7.8 million. The balance sheet held steady with $93.4 million in cash and $278.1 million in shareholders' equity. Losses deepened. This reflects ongoing pressures in the diversified holding company's operations across real estate, sweets, and other segments.
8-K
Q2 revenues fall, losses widen
BBX Capital reported Q2 2024 results on August 9, showing total revenues of $75.2 million, down from $106.8 million a year earlier, while the loss before income taxes widened to $12.2 million from $8.7 million. Net loss attributable to shareholders hit $10.0 million, or $0.74 per diluted share. Balance sheet remains solid with $116.0 million in cash and $286.2 million in shareholders' equity. Revenues dipped sharply.
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