Saturday 17 October 2026 Export OZ’s income statement to Excel — free account

Belpointe PREP, LLC

Belpointe PREP, LLC’s revenue for fiscal 2025 (year ended December 2025) was $9.2 million, up 243.4% from fiscal 2024. In the quarter to June 2026, revenue grew 168.1%, EPS fell 15.1%, free cash flow grew 81.3% and total debt rose 20.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

35.75 1.27 −3.43%

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Market cap: $150.1M
P/E: 0.0×
Fwd P/E: −2.3×
Dividend yield: —
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 150.06

Revenue 15.05

Net Income (43.74)

Free Cash Flow (54.98)

Net Debt 263.44

Current Ratio 1.45

Debt/Equity 1.08

P/E ratio 0.00

Fwd P/E (2.34)

P/S ratio 9.27

P/B ratio 0.54

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth (100.00%)

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.08%

10-year low 10-year high

P/B against its own 10 years 9.40%

10-year low 10-year high

EV/Sales against its own 10 years 0.09%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2021	Powerpack
2020	Powerpack
2019	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	20	25	24	16
Receivables	—	—	—	5
Inventory	—	—	—	—
Other	—	—	—	—
	20	25	24	21

	2023	2024	2025	Q'26
Payables	13	13	12	3
ST’ Debt	4	3	—	—
Other	—	—	—	—
	26	26	18	14

Compound Annual Growth %

	10y	5y	3y
Sales	—	146.47%	87.62%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	(6.12%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4	5	—	—	—
’25	2	2	2	3	9
’24	0	0	1	1	3
’23	0	1	0	1	2
’22	0	0	0	0	1
’21	0	0	0	0	1

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	(4)	—	—	—
’25	(7)	(2)	(6)	(10)	(25)
’24	(7)	1	(3)	(5)	(14)
’23	(1)	(2)	(2)	(2)	(7)
’22	(2)	(1)	(2)	(2)	(7)
’21	0	0	0	(2)	(2)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(16)	(5)	—	—	—
’25	(27)	(26)	(18)	(16)	(87)
’24	(45)	(40)	(35)	(32)	(152)
’23	(22)	(32)	(46)	(46)	(147)
’22	(5)	(15)	(11)	(15)	(46)
’21	(1)	(3)	(1)	(5)	(10)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(2.75)	(2.37)	—	—	—
’25	(2.35)	(2.06)	(3.21)	(3.08)	(10.72)
’24	(1.10)	(1.30)	(1.90)	(2.26)	(6.56)
’23	(0.80)	(1.16)	(0.92)	(1.17)	(4.04)
’22	(0.60)	(0.56)	(0.30)	(0.79)	(2.25)
’21	(1.35k)	(660.00)	0.96	2.00k	(7.42)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	95.02	65.12	62.85	42.75	56.77	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	114.89	105.23	99.00	80.88	82.89
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	—	—	—	—	0	1	1	2	3	9
	Gross margin, %	—	—	—	—	52.48	(14.34)	(173.83)	(85.40)	(155.66)	(62.90)
	EBT	—	—	—	—	0	(3)	(8)	(14)	(24)	(40)
	EBT margin, %	—	—	—	—	(110.89)	(305.12)	(584.18)	(637.13)	(891.78)	(436.17)
	Net income	—	—	—	—	0	(3)	(8)	(14)	(24)	(40)
	Depreciation	—	—	—	—	0	0	1	1	6	11
Per share, $
Per share, $	Revenue	—	—	—	—	1,010.00	2.43	0.41	0.63	0.74	2.46
	Earnings	—	—	—	—	(1,120.00)	(7.42)	(2.25)	(4.04)	(6.56)	(10.72)
	Cash flow	—	—	—	—	(120.00)	(5.53)	(1.95)	(1.95)	(3.76)	(6.75)
	Capex	—	—	—	—	(27,000.00)	(19.31)	(11.59)	(39.32)	(37.89)	(16.54)
	Free cash flow	—	—	—	—	(27,120.00)	(24.83)	(13.54)	(41.28)	(41.65)	(23.29)
	Book value	—	—	—	—	(1,020.00)	789.55	97.37	91.48	83.57	73.67
	Shares, m	—	—	—	—	0	0	3	4	4	4
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	—	0.00	41.17	233.95	116.66	105.27	26.44
	P/B	—	—	—	—	0.12	0.13	0.98	0.81	0.93	0.88
	EV/Sales	—	—	—	—	0.00	(66.49)	189.13	118.23	163.17	52.45
	EV/FCF	—	—	—	—	(13.50)	6.51	(5.69)	(1.82)	(2.88)	(5.54)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	0	(2)	(7)	(7)	(14)	(25)
	Capex	—	—	—	—	(3)	(8)	(40)	(140)	(138)	(62)
	Free cash flow	—	—	—	—	(3)	(10)	(46)	(147)	(152)	(87)
Balance, $m
Balance, $m	Working capital	—	—	—	—	(29)	213	135	(6)	(1)	6
	Total debt	—	—	—	—	35	11	7	24	180	261
	Net debt	—	—	—	—	28	(181)	(136)	4	155	236
	Shareholders’ equity	—	—	—	—	0	324	333	325	304	275
Returns, %
Returns, %	ROA	—	—	—	—	(0.06)	(1.66)	(2.21)	(3.90)	(5.30)	(7.40)
	ROIC	—	—	—	—	(0.23)	(1.60)	(3.03)	(2.74)	(3.31)	(4.65)
	ROE	—	—	—	—	(0.07)	(1.94)	(2.34)	(4.36)	(7.58)	(13.83)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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	$746.1M	303×	— (loss-making)	+49.59% (above 0%: growing)	n/m	+90.92% (above 0%: growing)	100.00%	(68.68%)	Compare
SDHC Smith Douglas Homes Corp.	$531.2M	14.7×	25.8×	+21.93% (above 0%: growing)	−88.46% (below 0%: shrinking)	+112.60% (above 0%: growing)	17.55%	2.49%	Compare
XTND Xtend AI Robotics, Inc.	$528.2M	— (loss-making)	—	+146.19% (above 0%: growing)	n/m	−24.75% (below 0%: shrinking)	14.70%	(45.00%)	Compare
FPH Five Point Holdings, LLC	$484.8M	5.8×	38.8×	+86.03% (above 0%: growing)	+200.00% (above 0%: growing)	+85.60% (above 0%: growing)	48.27%	(54.55%)	Compare
OZ Belpointe PREP, LLC	$150.1M	— (loss-making)	— (loss-making)	+168.08% (above 0%: growing)	n/m	+81.31% (above 0%: growing)	7.71%	(176.11%)
AXR AMREP Corporation	$107.8M	17.9×	14.3×	−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	$88.4M	5.1×	— (loss-making)	+26.09% (above 0%: growing)	n/m	+225.63% (above 0%: growing)	100.00%	189.88%	Compare
AEI Alset Inc.	$25.1M	— (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	$19.4M	3.6×	—	—	n/m	+87.89% (above 0%: growing)	35.30%	4.38%	Compare
Median of peers	$296.3M	10.2×	25.8×	+26.09%	−88.46%	+86.75%	36.20%	(23.84%)

All 15 Real Estate Development stocks →