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Firm Capital Apartment Real Estate Investment Trust

Company price
None CAD 0.00(0%)
Last update at 2026-11-04T21:00:08.930709Z
Market Cap
15.86M

Momentum Score

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Firm Capital Apartment Real Estate Investment Trust operates as a multi-residential real estate investment company in the United States. It owns interest in approximately 1,846 apartment units located in Florida, Connecticut, Texas, New York, New Jersey, Georgia, and Maryland; and provides preferred capital secured by multi-family residential real estate properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Firm Capital American Realty Partners Trust and changed its name to Firm Capital Apartment Real Estate Investment Trust in September 2020. Firm Capital Apartment Real Estate Investment Trust is headquartered in Toronto, Canada.

Source: TradingView
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52 Week Price Range
2.25
Low
4.33
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Firm Capital Apartment Real Estate Investment Trust is a Canadian real estate investment trust that owns and operates multi-residential rental properties, providing exposure to the apartment rental market. Long-term growth could be supported by sustained urban rental demand, demographic trends, active asset management and selective acquisitions. Investors may find the REIT attractive for potential stable cash flow and portfolio diversification within residential real estate.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.85
Dividend Yield
7.88%
Revenue TTM
11.02M
Revenue Per Share
1.45
Gross Profit TTM
4.04M
Debt / Equity
-
ROE
-12.44%
Net Debt
87.21M
ROCE
2.77%
Diluted EPS TTM
-1.13

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -14.67M 4.39M 5.60M 6.77M 4.05M
Net income -14.12M 3.84M 5.60M 7.06M 5.63M
Selling general administrative 1.95M 2.15M 1.64M 2.13M 2.15M
Gross profit 5.29M 2.96M 1.95M 2.34M 2.40M
Reconciled depreciation - - - 0.05M 0.01M
Ebit - 1.58M 1.49M 1.18M 2.88M
Ebitda -10.45M 6.60M 7.42M 8.47M 6.11M
Operating income 3.34M 0.81M 0.31M 0.20M 0.25M
Interest expense 4.22M 2.21M 1.70M 1.65M 2.05M
Tax provision -0.55M 0.55M - -0.53M -0.10M
Net interest income -3.94M -2.33M -1.82M -1.65M -2.05M
Income tax expense - 0.55M - -0.53M -0.10M
Total revenue 11.59M 5.88M 4.13M 4.30M 4.14M
Total operating expenses 8.25M 5.07M 3.82M 4.10M 3.89M
Cost of revenue 6.30M 2.92M 2.18M 1.96M 1.74M
Total other income expense net -14.06M 5.90M 7.11M 8.22M 5.85M
Discontinued operations - - - -0.24M 1.49M
Net income from continuing ops -14.12M 3.84M 5.60M 7.29M 4.14M
Net income applicable to common shares - 3.84M 5.60M 7.06M 5.63M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 157.09M 127.63M 108.87M 99.42M 82.21M
Other current assets 0.51M 1.10M 0.82M 0.81M 3.95M
Total liab 94.97M 50.47M 32.94M 34.30M 22.50M
Total stockholder equity 62.12M 77.16M 75.92M 65.12M 59.71M
Other current liab 0.17M 1.75M 1.57M 1.13M 1.34M
Common stock - 90.22M 91.02M 82.93M 82.94M
Capital stock 90.22M 90.22M 91.02M 82.93M 82.94M
Retained earnings -28.10M -13.06M -15.10M -17.81M -33.57M
Other liab - 0.55M - - 0.53M
Other assets - 0.00M 49.59M - 44.78M
Cash 0.82M 4.16M 2.91M 6.41M 2.37M
Total current liabilities 36.62M 15.74M 3.58M 2.80M 3.96M
Net debt 87.21M 41.54M 26.83M 25.44M 17.33M
Short term debt - - - 0.36M 1.69M
Short long term debt 29.68M 11.51M 0.37M 0.36M 1.69M
Other stockholder equity - - - 3.33M 4.57M
Property plant equipment - 78.41M 49.59M 48.17M 44.78M
Total current assets 5.19M 5.93M 5.62M 7.42M 6.48M
Long term investments 23.16M 43.29M 53.66M 43.84M 30.70M
Net tangible assets - 77.16M 75.92M 65.12M 59.71M
Net receivables 0.67M 0.68M 1.89M 0.20M 0.16M
Long term debt 58.35M 34.19M 29.37M 31.50M 18.01M
Accounts payable - 1.82M 1.30M 1.28M 0.89M
Non currrent assets other - - - 92.01M 75.48M
Non current assets total 151.90M 121.70M 103.25M 92.01M 75.48M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -15.39M 4.47M -9.04M -9.57M -14.49M
Change to liabilities - 0.34M 0.45M 0.16M -0.34M
Total cashflows from investing activities - 1.56M -9.37M -6.96M 0.52M
Net borrowings - -0.60M -0.39M 11.95M -11.37M
Total cash from financing activities 11.23M -3.21M 5.78M 10.32M -6.32M
Change to operating activities - -0.02M 0.01M 0.05M -0.09M
Net income -14.12M 3.84M 5.60M 7.06M 5.63M
Change in cash -1.06M 1.50M -3.47M 4.03M -5.10M
Begin period cash flow 5.07M 3.57M 7.04M 3.01M 8.11M
End period cash flow 4.01M 5.07M 3.57M 7.04M 3.01M
Total cash from operating activities 3.10M 3.15M 0.12M 0.67M 0.70M
Issuance of capital stock - - 11.52M - 6.43M
Depreciation - - - 0.05M 0.01M
Other cashflows from investing activities - - - 0.00M -0.00M
Dividends paid 0.92M 1.81M 1.91M 1.62M 1.38M
Change to account receivables 0.26M 1.41M -1.69M -0.04M 0.21M
Sale purchase of stock 0.00M -0.80M -3.47M -0.01M -
Other cashflows from financing activities - - - - 0.22M
Change to netincome - -2.53M -4.38M -6.56M -4.72M
Capital expenditures 2.34M 0.57M 0.33M 0.30M 0.44M
Change in working capital 2.53M 1.73M -1.22M 0.18M -0.23M
Stock based compensation - - - -0.00M -
Other non cash items -0.75M 3.21M -2.56M 0.40M 0.29M
Free cash flow 0.76M 2.58M -0.21M 0.37M 0.29M

Peer Comparison*

Sector: Real Estate Industry: REIT-Residential

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Profile*

Firm Capital Apartment Real Estate Investment Trust

Firm Capital Apartment Real Estate Investment Trust operates as a multi-residential real estate investment company in the United States. It owns interest in approximately 1,846 apartment units located in Florida, Connecticut, Texas, New York, New Jersey, Georgia, and Maryland; and provides preferred capital secured by multi-family residential real estate properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Firm Capital American Realty Partners Trust and changed its name to Firm Capital Apartment Real Estate Investment Trust in September 2020. Firm Capital Apartment Real Estate Investment Trust is headquartered in Toronto, Canada.

163 Cartwright Avenue, Toronto, ON, Canada, M6A 1V5

416 635 0221

Name Title Year Born
Mr. Sandy Ivan Poklar CPA, CA CFO & Director 1970
Ms. Claudia Alvarenga Chief Financial Officer NA
Victoria Moayedi Director of Investor Relations & Private Client Capital NA
Eddy Boudiwan Pres & COO of Real Estate Operations ? USA NA
Mr. Joseph Fried C.A., CPA Sec. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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