Lightstone Value Plus REIT V, Inc. (LVVP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1985 CEDAR BRIDGE AVENUE, SUITE 1 LAKEWOOD, NJ 08701 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 47,125 | 59,625 | 24,360 | 27,078 | 15,640 | 29,607 | |||
| Cash and cash equivalent | 47,125 | 59,625 | 24,360 | 27,078 | 15,640 | 29,607 | |||
| Total current assets: | 47,125 | 59,625 | 24,360 | 27,078 | 15,640 | 29,607 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 11,333 | 9,975 | 8,952 | 6,552 | 5,561 | 6,285 | |||
| Total noncurrent assets: | 11,333 | 9,975 | 8,952 | 6,552 | 5,561 | 6,285 | |||
| Other undisclosed assets | 396,671 | 365,108 | 398,119 | 307,694 | 285,421 | 228,565 | |||
| TOTAL ASSETS: | 455,129 | 434,708 | 431,431 | 341,324 | 306,622 | 264,457 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 294,545 | 298,804 | 285,561 | 256,684 | 203,523 | 144,636 | |||
| Total liabilities: | 294,545 | 298,804 | 285,561 | 256,684 | 203,523 | 144,636 | |||
| Equity | |||||||||
| Equity, attributable to parent | 160,584 | 135,904 | 145,870 | 86,839 | 102,621 | 119,027 | |||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Additional paid in capital | 163,846 | 169,996 | 171,079 | 189,216 | 204,912 | 214,537 | |||
| Accumulated other comprehensive income (loss) | (107) | (220) | 13 | 140 | 111 | (217) | |||
| Accumulated deficit | (3,157) | (33,874) | (25,224) | (102,519) | (102,404) | (95,295) | |||
| Equity, attributable to noncontrolling interest | (2,199) | 478 | 794 | ||||||
| Total equity: | 160,584 | 135,904 | 145,870 | 84,640 | 103,099 | 119,821 | |||
| TOTAL LIABILITIES AND EQUITY: | 455,129 | 434,708 | 431,431 | 341,324 | 306,622 | 264,457 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 49,568 | 46,970 | 43,134 | 39,978 | 37,173 | 27,511 | ||
| Cost of revenue | (22,777) | (22,068) | (20,363) | (18,503) | (17,902) | (21,848) | ||
| Cost of product and service sold | ||||||||
| Gross profit: | 26,791 | 24,902 | 22,771 | 21,475 | 19,271 | 5,663 | ||
| Operating expenses | (21,072) | (25,152) | (21,840) | (18,720) | (19,479) | (15,078) | ||
| Operating income (loss): | 5,719 | (250) | 931 | 2,755 | (208) | (9,415) | ||
| Nonoperating income (expense) | (12,751) | (12,453) | (11,571) | (10,451) | 2,228 | 736 | ||
| Investment income, nonoperating | 2,911 | 1,868 | 2,025 | 1,877 | 1,682 | 734 | ||
| Operating lease, initial direct cost expense, over term | (15,971) | (15,253) | (14,498) | (13,049) | ✕ | |||
| Other nonoperating income | 309 | 932 | 902 | 721 | 546 | 2 | ||
| Interest and debt expense | (14,232) | (13,738) | 72,179 | (4,170) | (9,221) | (6,119) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 8,897 | |||||||
| Income (loss) from continuing operations before income taxes: | (21,264) | (26,441) | 61,539 | (11,866) | (7,201) | (5,901) | ||
| Income tax expense (benefit) | 776 | (4) | ||||||
| Income (loss) from continuing operations: | (21,264) | (25,665) | 61,539 | (11,866) | (7,201) | (5,905) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 61,539 | (11,866) | (7,201) | (5,905) | |
| Other undisclosed net income | 54,150 | 17,015 | 15,955 | 13,049 | 537 | |||
| Net income (loss): | 32,886 | (8,650) | 77,494 | 1,183 | (7,201) | (5,368) | ||
| Net income (loss) attributable to noncontrolling interest | (199) | (1,298) | 92 | 181 | ||||
| Other undisclosed net loss attributable to parent | ||||||||
| Net income (loss) attributable to parent: | 32,886 | (8,650) | 77,295 | (115) | (7,109) | (5,187) | ||
| Other undisclosed net income available to common stockholders, basic | 199 | |||||||
| Net income (loss) available to common stockholders, basic: | 32,886 | (8,650) | 77,494 | (115) | (7,109) | (5,187) | ||
| Other undisclosed net loss available to common stockholders, diluted | (199) | |||||||
| Net income (loss) available to common stockholders, diluted: | 32,886 | (8,650) | 77,295 | (115) | (7,109) | (5,187) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 32,886 | (8,650) | 77,494 | 1,183 | (7,201) | (5,368) | ||
| Other comprehensive income (loss) | 113 | (233) | (127) | 29 | 328 | (190) | ||
| Comprehensive income (loss): | 32,999 | (8,883) | 77,367 | 1,212 | (6,873) | (5,558) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (199) | (1,298) | 92 | 181 | ||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 32,999 | (8,883) | 77,168 | (86) | (6,781) | (5,377) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.