BBX Capital, Inc. Reports Financial Results For the Second Quarter of 2024
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) has released its financial results for the second quarter of 2024. The company reported total consolidated revenues of $75.2 million, down from $106.8 million in Q2 2023. BBX Capital experienced a loss before income taxes of $(12.2) million, compared to $(8.7) million in the same period last year. The net loss attributable to shareholders was $(10.0) million, with a diluted loss per share of ($0.74).
As of June 30, 2024, BBX Capital's balance sheet showed cash and cash equivalents of $116.0 million, total consolidated assets of $645.7 million, and total shareholders' equity of $286.2 million. The company's fully diluted book value per share stood at $19.96. BBX Capital's principal holdings include BBX Capital Real Estate, BBX Sweet Holdings, and Renin.
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) ha reso noti i suoi risultati finanziari per il secondo trimestre del 2024. L'azienda ha riportato ricavi consolidati totali di 75,2 milioni di dollari, in calo rispetto ai 106,8 milioni di dollari del Q2 2023. BBX Capital ha registrato una perdita prima delle imposte sul reddito di 12,2 milioni di dollari, rispetto a 8,7 milioni di dollari nello stesso periodo dell'anno scorso. La perdita netta attribuibile agli azionisti è stata di 10,0 milioni di dollari, con una perdita diluita per azione di 0,74 dollari.
Al 30 giugno 2024, il bilancio di BBX Capital mostrava liquidità e disponibilità liquide di 116,0 milioni di dollari, attività consolidate totali di 645,7 milioni di dollari e un patrimonio netto totale degli azionisti di 286,2 milioni di dollari. Il valore contabile per azione completamente diluito della società era di 19,96 dollari. Le principali partecipazioni di BBX Capital includono BBX Capital Real Estate, BBX Sweet Holdings e Renin.
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) ha publicado sus resultados financieros para el segundo trimestre de 2024. La compañía reportó ingresos consolidados totales de 75,2 millones de dólares, una disminución con respecto a los 106,8 millones de dólares en el segundo trimestre de 2023. BBX Capital experimentó una pérdida antes de impuestos de 12,2 millones de dólares, en comparación con los 8,7 millones de dólares en el mismo periodo del año anterior. La pérdida neta atribuible a los accionistas fue de 10,0 millones de dólares, con una pérdida diluida por acción de 0,74 dólares.
Al 30 de junio de 2024, el balance de BBX Capital mostró efectivo y equivalentes de efectivo de 116,0 millones de dólares, activos totales consolidados de 645,7 millones de dólares y un capital total de los accionistas de 286,2 millones de dólares. El valor contable totalmente diluido por acción de la compañía era de 19,96 dólares. Las principales participaciones de BBX Capital incluyen BBX Capital Real Estate, BBX Sweet Holdings y Renin.
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB)는 2024년 2분기 재무 결과를 발표했습니다. 회사는 총 Consolidated 수익이 7520만 달러로, 2023년 2분기의 1억 680만 달러에서 감소했다고 보고했습니다. BBX Capital은 법인세 공제 전 손실이 1220만 달러로, 작년 동기 870만 달러와 비교되었습니다. 주주에게 귀속된 순손실은 1000만 달러였으며, 희석 주당 손실은 0.74 달러입니다.
2024년 6월 30일 현재 BBX Capital의 대차대조표에는 현금 및 현금성 자산이 1억 1600만 달러, 총 Consolidated 자산이 6억 4570만 달러, 총 주주 지분이 2억 8620만 달러로 나타났습니다. 이 회사의 희석 후 주당 장부가치는 19.96 달러였습니다. BBX Capital의 주요 보유 자산에는 BBX Capital Real Estate, BBX Sweet Holdings, Renin이 포함됩니다.
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) a publié ses résultats financiers pour le deuxième trimestre 2024. L'entreprise a signalé des revenus consolidés totaux de 75,2 millions de dollars, en baisse par rapport à 106,8 millions de dollars au T2 2023. BBX Capital a enregistré une perte avant impôt de 12,2 millions de dollars, comparé à 8,7 millions de dollars au même période l'année dernière. La perte nette attribuable aux actionnaires était de 10,0 millions de dollars, avec une perte diluée par action de 0,74 dollar.
Au 30 juin 2024, le bilan de BBX Capital montrait des liquidités et équivalents de liquidités de 116,0 millions de dollars, des actifs consolidés totaux de 645,7 millions de dollars et un capital total des actionnaires de 286,2 millions de dollars. La valeur comptable pleinement diluée par action était de 19,96 dollars. Les principales participations de BBX Capital comprennent BBX Capital Real Estate, BBX Sweet Holdings et Renin.
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) hat seine Finanzergebnisse für das zweite Quartal 2024 veröffentlicht. Das Unternehmen berichtete von insgesamt konsolidierten Einnahmen in Höhe von 75,2 Millionen Dollar, rückläufig im Vergleich zu 106,8 Millionen Dollar im Q2 2023. BBX Capital verzeichnete einen Verlust vor Einkommensteuer von 12,2 Millionen Dollar, verglichen mit 8,7 Millionen Dollar im gleichen Zeitraum des Vorjahres. Der nettoverlust anteilig für die Aktionäre betrug 10,0 Millionen Dollar, mit einem verwässerten Verlust pro Aktie von 0,74 Dollar.
Zum 30. Juni 2024 wies die Bilanz von BBX Capital Barmittel und kurzfristige Anlagen von 116,0 Millionen Dollar, totale konsolidierte Vermögenswerte von 645,7 Millionen Dollar und ein Gesamtkapital der Aktionäre von 286,2 Millionen Dollar aus. Der voll verwässerte Buchwert pro Aktie lag bei 19,96 Dollar. Zu den Hauptbeteiligungen von BBX Capital gehören BBX Capital Real Estate, BBX Sweet Holdings und Renin.
- Cash and cash equivalents of $116.0 million, indicating strong liquidity
- Total shareholders' equity of $286.2 million
- Fully diluted book value per share of $19.96
- Total consolidated revenues decreased from $106.8 million to $75.2 million year-over-year
- Loss before income taxes increased from $(8.7) million to $(12.2) million
- Net loss attributable to shareholders widened from $(8.0) million to $(10.0) million
- Diluted loss per share increased from ($0.56) to ($0.74)
Selected highlights of BBX Capital’s consolidated financial results include:
Second Quarter 2024 Compared to Second Quarter 2023
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Total consolidated revenues of |
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Loss before income taxes of |
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Net loss attributable to shareholders of |
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Diluted loss per share of ( |
Balance Sheet as of June 30, 2024
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Cash and cash equivalents of |
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Securities available for sale of |
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Total consolidated assets of |
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Total shareholders' equity of |
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Fully diluted book value per share of |
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Fully diluted book value per share is shareholders’ equity divided by the number of BBX Capital’s Class A and Class B common shares and unvested restricted stock awards outstanding on June 30, 2024. |
Additional Information
For more complete and detailed information regarding BBX Capital and its financial results, business, operations, investments, and risks, please see BBX Capital’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, which will be available on the SEC's website, https://www.sec.gov, and on BBX Capital’s website, www.BBXCapital.com on August 9, 2024.
About BBX Capital, Inc.: BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) is a
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BBX Capital, Inc. Contact Info:
Investor Relations Contact:
Leslie Martinez, Investor Relations
P: 954-940-5300
Email: investorrelations@BBXCapital.com
Media Relations Contact:
Kip Hunter, Kip Hunter Marketing
P: 954-303-5551
Email: kip@kiphuntermarketing.com
Source: BBX Capital, Inc.
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