stockrow
Saturday 7 November 2026
Export OZ’s income statement to Excel — free account
Belpointe PREP, LLC
OZ Real Estate Real Estate Development
Belpointe PREP, LLC’s revenue for fiscal 2025 (year ended December 2025) was $9.2 million, up 243.4% from fiscal 2024.
- Revenue
- +165.6%
- EPS
- +31.5%
- Free cash flow
- +86.2%
- Total debt
- +11.3%
Quarter to September 2026, against a year earlier
33.55
0.93
+2.85%
Follow OZ
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 0 | 1 | 1 | 2 | 3 | 9 | 19 | +146.5% | — | — | — | — | |
| Gross margin, % | — | — | — | — | 52.48 | (14.34) | (173.83) | (85.40) | (155.66) | (62.90) | (2.74) | (115.4) pt | ||||||
| EBT | — | — | — | — | 0 | (3) | (8) | (14) | (24) | (40) | (40) | +224.1% | ||||||
| EBT margin, % | — | — | — | — | (110.89) | (305.12) | (584.18) | (637.13) | (891.78) | (436.17) | (212.29) | (325.3) pt | ||||||
| Net income | — | — | — | — | 0 | (3) | (8) | (14) | (24) | (40) | (40) | +224.1% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 1,010.00 | 2.43 | 0.41 | 0.63 | 0.74 | 2.46 | 4.80 | (70.0%) | |||||
| Earnings | — | — | — | — | (1,120.00) | (7.42) | (2.25) | (4.04) | (6.56) | (10.72) | (10.40) | (60.5%) | ||||||
| Cash flow | — | — | — | — | (120.00) | (5.53) | (1.95) | (1.95) | (3.76) | (6.75) | (5.59) | (43.8%) | ||||||
| Capex | — | — | — | — | (27,000.00) | (19.31) | (11.59) | (39.32) | (37.89) | (16.54) | (4.46) | (77.2%) | ||||||
| Free cash flow | — | — | — | — | (27,120.00) | (24.83) | (13.54) | (41.28) | (41.65) | (23.29) | (10.05) | (75.6%) | ||||||
| Book value | — | — | — | — | (1,020.00) | 789.55 | 97.37 | 91.48 | 83.57 | 73.67 | 63.50 | n/m | ||||||
| Shares, m | — | — | — | — | 0 | 0 | 3 | 4 | 4 | 4 | 4 | +721.3% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | 0.00 | 41.17 | 233.95 | 116.66 | 105.27 | 26.44 | 6.98 | 87.2 | ||||||
| P/B | — | — | — | — | 0.12 | 0.13 | 0.98 | 0.81 | 0.93 | 0.88 | 0.53 | 0.6 | ||||||
| EV/Sales | — | — | — | — | 0.00 | (66.49) | 189.13 | 118.23 | 163.17 | 52.45 | 21.12 | 76.1 | ||||||
| EV/FCF | — | — | — | — | (13.50) | 6.51 | (5.69) | (1.82) | (2.88) | (5.54) | (10.10) | (3.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | (2) | (7) | (7) | (14) | (25) | (22) | +361.8% | |||||
| Capex | — | — | — | — | (3) | (8) | (40) | (140) | (138) | (62) | (18) | +87.0% | ||||||
| Free cash flow | — | — | — | — | (3) | (10) | (46) | (147) | (152) | (87) | (40) | +100.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (29) | 213 | 135 | (6) | (1) | 6 | 6 | n/m | |||||
| Net debt | — | — | — | — | 28 | (181) | (136) | 4 | 155 | 236 | 266 | +52.7% | ||||||
| Shareholders’ equity | — | — | — | — | 0 | 324 | 333 | 325 | 304 | 275 | 251 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | (0.06) | (1.66) | (2.21) | (3.90) | (5.30) | (7.40) | (7.11) | (7.3) pt | |||||
| ROIC | — | — | — | — | (0.23) | (1.60) | (3.03) | (2.74) | (3.31) | (4.65) | (4.98) | (4.4) pt | ||||||
| ROE | — | — | — | — | (0.07) | (1.94) | (2.34) | (4.36) | (7.58) | (13.83) | (15.05) | (13.8) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | — | — | — | — | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026
Belpointe PREP, LLC vs peers in Real Estate Development (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SKYH Sky Harbour Group Corporation | $816.3M | 342× | — (loss-making) | +49.59% (above 0%: growing) | n/m | +90.92% (above 0%: growing) | 100.00% | (68.68%) | Compare |
| SDHC Smith Douglas Homes Corp. | $524.6M | 18.0× | 43.6× | +0.18% (above 0%: growing) | −70.83% (below 0%: shrinking) | −263.00% (below 0%: shrinking) | 16.27% | 0.00% | Compare |
| FPH Five Point Holdings, LLC | $470.0M | 10.4× | 38.8× | +8.36% (above 0%: growing) | n/m | −146.39% (below 0%: shrinking) | 51.05% | (34.73%) | Compare |
| OZ Belpointe PREP, LLC | $132.2M | — (loss-making) | — (loss-making) | +165.62% (above 0%: growing) | n/m | +86.19% (above 0%: growing) | 19.96% | (140.87%) | |
| AXR AMREP Corporation | $112.5M | 19.4× | 27.1× | −66.10% (below 0%: shrinking) | −94.32% (below 0%: shrinking) | −138.27% (below 0%: shrinking) | 37.10% | (2.69%) | Compare |
| LPA Logistic Properties of the Americas | $72.3M | 4.3× | 8.4× | +26.09% (above 0%: growing) | n/m | +225.63% (above 0%: growing) | 100.00% | 189.88% | Compare |
| AEI Alset Inc. | $19.5M | — (loss-making) | — (loss-making) | −10.05% (below 0%: shrinking) | n/m | −187.23% (below 0%: shrinking) | 8.49% | (181.43%) | Compare |
| MRNO Murano Global BV | $15.3M | 2.4× | — | — | n/m | +87.89% (above 0%: growing) | 35.30% | 4.38% | Compare |
| LRE Lead Real Estate Co., Ltd. Unsponsored ADR | $15.0M | 1.9× | 5.4× | +20.40% (above 0%: growing) | +33.33% (above 0%: growing) | +270.92% (above 0%: growing) | 0.00% | 0.00% | Compare |
| Median of peers | $92.4M | 10.4× | 27.1× | +8.36% | −70.83% | −25.19% | 36.20% | (1.34%) |