Wed, May 14, 7:01 PM (29 days ago)
**EQT Exeter Real Estate Income Trust, Inc. (EQT) - Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $9.15 million (Q1 2025) vs. $0.13 million (Q1 2024) - **Net Loss:** $0.64 million (Q1 2025) vs. $2.57 million (Q1 2024) - **Cash Flow from Operations:** $2.85 million (Q1 2025) vs. -$0.01 million (Q1 2024) - **Cash Flow from Investing:** -$7.17 million (Q1 2025) vs. -$60.94 million (Q1 2024) - **Cash Flow from Financing:** $13.21 million (Q1 2025) vs. $62.20 million (Q1 2024) **Profit Margins:** - **Gross Margin:** Not explicitly stated, but rental revenue was $9.15 million. - **Operating Margin:** Not explicitly stated, but operating expenses were $5.75 million. **Earnings Changes:** - **EPS:** -$0.04 (Q1 2025) vs. -$3.11 (Q1 2024) - **Weighted-Average Shares Outstanding:** 3,040,293 (Q1 2025) vs. 20,000 (Q1 2024) **Quarterly Performance Discussion:** - **Rental Revenue:** Significant increase due to operational properties. - **Expenses:** Increase in rental property operating expenses and general administrative expenses. - **Interest Income/Expense:** Increase in interest income and introduction of interest expense due to mortgage notes. - **Distributions:** Monthly distributions declared, totaling $2.60 million for Q1 2025. **Trends & Uncertainties:** - **Positive Trends:** Increase in rental revenue and cash flow from operations. - **Uncertainties:** Dependence on the Adviser for services, market conditions affecting real estate values, and the ability to raise substantial funds. **Future Operations Impact:** - **Capital Raising:** Continued public and private offerings, with $39.0 million raised by May 14, 2025. - **Debt Management:** Compliance with mortgage note covenants and evaluation of debt obligations. - **Distributions:** Monthly distributions to stockholders, with a total of $2.51 million paid in Q1 2025. **Ticker:** EQT **Full Name:** EQT Exeter Real Estate Income Trust, Inc.