Tue, May 13, 7:39 PM (40 days ago)
### Brookfield Real Estate Income Trust Inc. (BRREIT) Q1 2025 Financial Summary **Ticker:** BRREIT **Q1 2025 Financial Performance:** - **Revenue:** $35.52 million, up $2.3 million from Q1 2024. - **Net Income:** $2.931 million, a significant improvement from a loss of $3.514 million in Q1 2024. - **Earnings per Share (EPS):** $0.03, compared to a loss of $0.04 in Q1 2024. - **Cash Flow from Operations:** $8.612 million, down from $16.106 million in Q1 2024. - **Profit Margins:** Improved profitability with a net income margin of approximately 8.25%. - **Cash Flow:** Positive cash flow from operations but reduced compared to the previous year. **Key Financial Metrics:** - **Revenue Growth:** Driven by incremental rental revenue from properties acquired in 2024 and growth in single-family rental properties. - **Expenses:** Rental property operating expenses increased by $1.2 million due to acquisition activity. - **Interest Expense:** Decreased by $1.8 million due to debt extinguishment and refinancing. - **Gain from Unconsolidated Entities:** Increased by $8.385 million due to changes in the fair value of investments. **Quarterly Performance Discussion:** - **Revenue Trends:** Positive revenue growth driven by new property acquisitions and rental income. - **Operating Expenses:** Increased due to higher costs associated with new acquisitions. - **Interest Expense:** Reduced due to strategic debt management. - **Unrealized Gains:** Significant gains from unconsolidated entities. **Trends and Uncertainties:** - **Market Conditions:** Strong real estate fundamentals and stable property valuations. - **Economic Factors:** Inflation decrease and potential interest rate reductions. - **Future Operations Impact:** Positive outlook with no unsatisfied repurchase requests and approximately $430 million in total liquidity. **Future Outlook:** - **Investment Strategy:** Continued focus on high-quality real estate properties. - **Debt Management:** Strategic refinancing and debt reduction. - **Liquidity:** Strong liquidity position with $360.4 million available as of March 31, 2025. **Conclusion:** Brookfield Real Estate Income Trust Inc. showed significant improvement in Q1 2025 with increased revenue, net income, and strategic debt management. The company's focus on high-quality properties and strategic financial decisions positions it well for future growth and stability.