What is Broad Street's earnings per share (EPS)?

Broad Street (BRST) reported diluted earnings per share of -$0.80 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Broad Street Financials

BRST

FY2024 annual

Revenue $41.3M -2.0% YoY

Net Income -$14.8M -110.9% YoY

EPS (Diluted) -$0.80 YoY not available

Free Cash Flow Not reported for FY2024

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2025 Currency USD FYE December

Broad Street (BRST) reported $41.3M in revenue for fiscal year 2024, down 2.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BRST FY2024 2026-08-15

Broad Street Realty runs an asset-heavy, debt-funded model where small operating shortfalls quickly pressure equity and balance-sheet flexibility.

From FY2022 to FY2024, equity eroded from $39.2M to -$9.0M even though the asset base remained broadly intact. Paired with just $601K of operating cash flow in FY2024, that suggests prior balance-sheet expansion has not yet translated into enough internal cash generation to repair leverage.

Revenue was essentially unchanged between FY2023 and FY2024, so the operating reset was not a scale story or simply the result of a shrinking top line. The move from 12.8% to -0.7% in operating margin points to a model with a limited buffer when property-level economics soften.

EBITDA remained positive at $14.6M in FY2024 while net loss was -$14.8M. That spread means a meaningful share of expense sits below the EBITDA line or is non-cash, which makes the capital structure and asset carrying costs more important than a simple earnings snapshot would suggest.

Financial Health Signals

Financial health score not available

Broad Street does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

2/7

Broad Street passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Broad Street reported a net loss of $14.8M while generating $601K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$41.3M

YoY-2.0%

5Y CAGR+41.7%

Broad Street generated $41.3M in revenue in fiscal year 2024. This represents a decrease of 2.0% from the prior year.

EBITDA

$14.6M

YoY-39.4%

Broad Street's EBITDA was $14.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 39.4% from the prior year.

Net Income

-$14.8M

YoY-110.9%

Broad Street reported -$14.8M in net income in fiscal year 2024. This represents a decrease of 110.9% from the prior year.

EPS (Diluted)

-$0.80

Broad Street earned -$0.80 per diluted share (EPS) in fiscal year 2024.

Cash & Balance Sheet

Cash & Debt

$16.2M

YoY+65.3%

5Y CAGR+12.2%

10Y CAGR+44.7%

Broad Street held $16.2M in cash against $247.1M in long-term debt as of fiscal year 2024.

Shares Outstanding

35M

Broad Street had 35M shares outstanding in fiscal year 2024.

Free Cash Flow

Not reported for fiscal year 2024.

Dividends Per Share

Not reported for fiscal year 2024.

Margins & Returns

Operating Margin

-0.7%

YoY-13.5pp

5Y CAGR+21.5pp

Broad Street's operating margin was -0.7% in fiscal year 2024, reflecting core business profitability. This is down 13.5 percentage points from the prior year.

Net Margin

-35.8%

YoY-19.1pp

5Y CAGR-9.7pp

Broad Street's net profit margin was -35.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 19.1 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2024.

Return on Equity

Not reported for fiscal year 2024.

Capital Allocation

None of these metrics is reported for fiscal year 2024.

BRST Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BRST annual income statement

Metric	TTM	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Revenue	$32.6M	$41.3M-2.0%	$42.2M+28.0%	$33.0M+30.0%	$25.3M+28.9%	$19.7M+171.5%	$7.2M+22.0%	$5.9M	N/A	N/A	N/A	N/A	N/A	$5.9M+12.1%	$5.3M-6.5%	$5.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$7.2M+83.8%	$3.9M-18.0%	$4.8M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$1.3M-195.3%	$1.4M+57.4%	$862K
SG&A Expenses	$11.4M	$12.1M+1.9%	$11.9M-12.0%	$13.5M+19.0%	$11.4M+27.5%	$8.9M+58.1%	$5.6M+16.9%	$4.8M+590.2%	$699K	N/A	$1.1M	N/A	N/A	-$737K-139.4%	$1.9M+0.9%	$1.9M
Operating Income	-$811K	-$292K-105.4%	$5.4M+161.0%	-$8.8M-45.5%	-$6.1M-18.7%	-$5.1M-217.8%	-$1.6M+6.1%	-$1.7M-145.1%	-$699K	N/A	-$1.1M	N/A	N/A	-$7.9M-1442.6%	-$513K+48.3%	-$991K
Interest Expense	N/A	N/A	$18.5M+45.6%	$12.7M+27.6%	$10.0M+49.2%	$6.7M+112.1%	$3.1M+1574.5%	$188K+1005.8%	$17K+28.7%	$13K	$0	N/A	$162K	$0-100.0%	$317K-1.1%	$320K
Income Tax	$1.1M	$78K+102.1%	-$3.6M+38.1%	-$5.9M-65.8%	-$3.5M-16.5%	-$3.0M-330.8%	-$704K	N/A	N/A	$0	$0	$0	$0-100.0%	$570K	$0+100.0%	-$308K
Net Income	$30.7M	-$14.8M-110.9%	-$7.0M+56.9%	-$16.3M-71.2%	-$9.5M-16.7%	-$8.1M-331.0%	-$1.9M-213.7%	-$603K+15.8%	-$716K	N/A	-$1.1M	N/A	N/A	-$8.9M-975.9%	-$829K+15.2%	-$978K
EPS (Diluted)	—	-$0.80	-$0.60	-$0.47-34.3%	-$0.35	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$841K-92.1%	$10.6M-3.0%	$10.9M+7.0%	$10.2M+0.8%	$10.1M+0.6%	$10.1M+0.5%	$10.0M-0.3%	$10.0M
SG&A Expenses	$2.2M-39.4%	$3.6M+37.2%	$2.6M-13.1%	$3.0M-0.7%	$3.0M-13.2%	$3.5M+36.4%	$2.6M-14.7%	$3.0M
Operating Income	-$1.7M-714.6%	-$206K-120.6%	$1.0M+1290.3%	$72K+115.7%	-$458K+49.5%	-$907K-402.3%	$300K+115.3%	-$2.0M
Interest Expense	N/A	N/A	N/A	N/A	$4.6M+5.1%	$4.3M-1.6%	$4.4M-4.0%	$4.6M
Income Tax	$1.2M	$0	$0+100.0%	-$56K	$0-100.0%	$134K-60.6%	$340K+114.9%	-$2.3M
Net Income	$44.7M+894.3%	-$5.6M-169.2%	-$2.1M+66.6%	-$6.3M-39.3%	-$4.5M-132.2%	-$1.9M+40.6%	-$3.3M+35.7%	-$5.1M
EPS (Diluted)	$0.86	-$0.24	N/A	-$0.26-23.8%	-$0.21	-$0.16	N/A	-$0.22

Not reported in any period shown, so not listed: R&D Expenses.

TTM is the trailing twelve months, Q3 FY2024 through Q2 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

BRST Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BRST annual balance sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Total Assets	$345.3M-1.7%	$351.1M-12.7%	$402.3M+59.8%	$251.7M+31.5%	$191.4M-0.5%	$192.3M+4767.4%	$4.0M+414.2%	$768K+440.5%	$142K-57.7%	$336K-16.5%	$402K+958.2%	$38K-98.8%	$3.1M-72.4%	$11.4M+6.6%	$10.7M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	$174K-76.8%	$747K+425.2%	$142K-57.7%	$336K-16.5%	$402K+958.2%	$38K-90.6%	$403K-86.8%	$3.1M+65.4%	$1.8M
Cash & Equivalents	$16.2M+65.3%	$9.8M-20.9%	$12.4M+343.5%	$2.8M-32.1%	$4.1M-54.7%	$9.1M+6471.0%	$138K-80.5%	$708K+157318.2%	$450-99.9%	$327K-18.6%	$402K+1383.6%	$27K+372.1%	$6K-98.2%	$314K+407.1%	$62K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$35K	N/A
Accounts Receivable	$1.5M-11.9%	$1.7M-11.3%	$1.9M+3.4%	$1.8M-18.5%	$2.2M+13.8%	$2.0M+101.8%	$969K	N/A	N/A	N/A	N/A	$0-100.0%	$319K-28.8%	$448K-34.9%	$688K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$3.7M0.0%	$3.7M
Total Liabilities	$354.2M+6.9%	$331.4M+14.4%	$289.8M+42.4%	$203.5M+37.6%	$147.9M+5.0%	$140.9M+3501.0%	$3.9M+2983.5%	$127K-85.9%	$897K+190.5%	$309K-0.2%	$309K-48.5%	$601K-90.0%	$6.0M-9.4%	$6.6M+10.8%	$6.0M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	$153K+20.7%	$127K-85.9%	$897K+190.5%	$309K-0.2%	$309K-48.5%	$601K-90.0%	$6.0M+26.9%	$4.7M+36.4%	$3.5M
Long-Term Debt	$247.1M+6.9%	$231.0M-13.7%	$267.6M+49.5%	$179.0M+46.6%	$122.1M+8.5%	$112.5M	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$1.7M-25.8%	$2.3M
Total Equity	-$9.0M-145.6%	$19.7M-49.8%	$39.2M-22.9%	$50.8M+13.4%	$44.8M-12.8%	$51.4M+131757.8%	$39K-93.9%	$642K+185.0%	-$755K-2846.5%	$27K-70.5%	$93K+116.6%	-$563K+80.3%	-$2.9M-159.5%	$4.8M+1.4%	$4.7M
Retained Earnings	-$46.9M-29.0%	-$36.4M-9.3%	-$33.3M-70.4%	-$19.5M-94.7%	-$10.0M-431.0%	-$1.9M+98.3%	-$111.8M-0.5%	-$111.2M-0.6%	-$110.5M-0.8%	-$109.7M-1.0%	-$108.6M-11.4%	-$97.5M+1.2%	-$98.6M-9.9%	-$89.7M-0.9%	-$88.9M

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$37.6M-89.0%	$340.3M-1.4%	$345.3M-1.2%	$349.4M-1.0%	$353.1M+0.3%	$352.1M+0.3%	$351.1M-1.9%	$358.0M
Cash & Equivalents	$726K-94.6%	$13.5M-16.4%	$16.2M-10.3%	$18.0M-4.5%	$18.9M+28.9%	$14.6M+49.6%	$9.8M-29.8%	$13.9M
Accounts Receivable	N/A	$1.8M+24.7%	$1.5M+39.7%	$1.0M-12.2%	$1.2M-34.5%	$1.8M+9.7%	$1.7M-2.1%	$1.7M
Total Liabilities	$5.7M-98.4%	$357.0M+0.8%	$354.2M+0.9%	$351.0M+2.1%	$343.9M+2.1%	$336.9M+1.7%	$331.4M+0.2%	$330.8M
Long-Term Debt	N/A	$246.9M-0.1%	$247.1M+0.5%	$245.8M+1.2%	$243.0M+3.7%	$234.3M+1.4%	$231.0M-1.0%	$233.4M
Total Equity	$34.3M+305.5%	-$16.7M-86.3%	-$9.0M-458.7%	-$1.6M-117.4%	$9.2M-38.9%	$15.1M-23.2%	$19.7M-27.6%	$27.2M
Retained Earnings	-$12.8M+75.0%	-$51.2M-9.1%	-$46.9M-2.5%	-$45.8M-12.0%	-$40.9M-9.0%	-$37.5M-3.0%	-$36.4M-6.2%	-$34.3M

BRST Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BRST annual cash flow statement

Metric	TTM	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Operating Cash Flow	$113K	$601K+115.9%	-$3.8M+7.9%	-$4.1M+26.6%	-$5.6M-131.0%	-$2.4M+54.6%	-$5.3M-385.9%	-$1.1M-31.2%	-$836K-21.3%	-$689K-14.1%	-$604K-101.4%	-$300K	N/A	-$1.6M-912.0%	$198K+141.8%	-$473K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$23K	N/A	N/A	N/A	$0-100.0%	$1.0M+70.2%	$602K-32.4%	$890K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$858K	N/A	N/A	N/A	N/A	-$2.6M-551.0%	-$404K+70.4%	-$1.4M
Investing Cash Flow	-$16.2M	-$1.5M-103.7%	$38.8M+128.6%	-$135.5M-569.6%	-$20.2M-223.9%	-$6.2M+91.1%	-$70.3M-28484.6%	-$246K-238.8%	-$73K+34.0%	-$110K	N/A	N/A	$0+100.0%	-$1.0M-1204.6%	-$78K+91.2%	-$890K
Financing Cash Flow	-$6.7M	$7.8M+120.4%	-$38.3M-126.3%	$145.6M+442.0%	$26.9M+280.9%	$7.1M-91.9%	$87.1M+5789.2%	$1.5M-8.5%	$1.6M+242.5%	$472K-10.7%	$529K-21.7%	$675K	N/A	$2.3M+1644.3%	$133K-89.9%	$1.3M

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$177K+117.6%	-$1.0M-206.1%	$950K+15933.3%	-$6K+99.6%	-$1.6M-226.5%	$1.3M+278.0%	-$728K-4.6%	-$696K
Investing Cash Flow	-$17.7M-65796.3%	$27K-94.1%	$454K-58.2%	$1.1M+253.2%	-$709K+69.0%	-$2.3M-99.7%	-$1.1M-105.5%	$20.7M
Financing Cash Flow	$0+100.0%	-$1.4M+58.6%	-$3.5M-102.0%	-$1.7M-120.2%	$8.5M+90.6%	$4.5M+244.7%	-$3.1M+85.4%	-$21.2M

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

BRST Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

BRST annual financial ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-21.8%-47.5pp	25.7%+10.4pp	15.3%
Operating Margin	-0.7%-13.5pp	12.8%+39.5pp	-26.8%-2.8pp	-23.9%+2.1pp	-26.0%-3.8pp	-22.2%+6.7pp	-28.9%	N/A	N/A	N/A	N/A	N/A	-133.6%	-9.7%+7.9pp	-17.6%
Net Margin	-35.8%-19.1pp	-16.6%+32.8pp	-49.4%-11.9pp	-37.5%+3.9pp	-41.4%-15.3pp	-26.1%-16.0pp	-10.2%	N/A	N/A	N/A	N/A	N/A	-150.8%	-15.7%+1.6pp	-17.3%
Return on Equity	N/A	-35.7%+5.9pp	-41.5%-22.8pp	-18.7%-0.5pp	-18.2%-14.5pp	-3.7%+1542.5pp	-1546.2%-1434.6pp	-111.6%	N/A	-4019.8%	N/A	N/A	N/A	-17.3%+3.4pp	-20.7%
Return on Assets	-4.3%-2.3pp	-2.0%+2.1pp	-4.0%-0.3pp	-3.8%+0.5pp	-4.3%-3.3pp	-1.0%+14.3pp	-15.3%+77.9pp	-93.2%	N/A	-328.6%	N/A	N/A	-283.9%-276.6pp	-7.3%+1.9pp	-9.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	1.13-4.8x	5.88+5.7x	0.16-0.9x	1.09-0.2x	1.30+1.2x	0.060.0x	0.07-0.6x	0.65+0.1x	0.53
Debt-to-Equity	N/A	11.74+4.9x	6.83+3.3x	3.52+0.8x	2.72+0.5x	2.19-98.2x	100.39+100.2x	0.20	N/A	11.23+7.9x	3.32	N/A	N/A	0.36-0.1x	0.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-44.4%-36.8pp	-7.6%+16.5pp	-24.1%

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Margin	-199.5%	-1.9%-11.1pp	9.2%+8.5pp	0.7%+5.2pp	-4.5%+4.5pp	-9.0%-12.0pp	3.0%+22.4pp	-19.5%
Net Margin	5316.3%	-53.1%-33.9pp	-19.1%+42.2pp	-61.4%-16.9pp	-44.4%-25.2pp	-19.2%+13.3pp	-32.6%+18.0pp	-50.5%
Return on Equity	130.3%	N/A	N/A	N/A	-48.7%-35.9pp	-12.8%+3.8pp	-16.6%+2.1pp	-18.7%
Return on Assets	119.0%+120.6pp	-1.7%-1.0pp	-0.6%+1.2pp	-1.8%-0.5pp	-1.3%-0.7pp	-0.5%+0.4pp	-0.9%+0.5pp	-1.4%
Debt-to-Equity	0.17	N/A	N/A	N/A	26.30+10.8x	15.50+3.8x	11.74+3.2x	8.59

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: Shareholder equity is negative (-$9.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

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Frequently Asked Questions

What is Broad Street's annual revenue?

Broad Street (BRST) reported $41.3M in total revenue for fiscal year 2024. This represents a -2.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Broad Street's revenue growing?

Broad Street (BRST) revenue declined by 2.0% year-over-year, from $42.2M to $41.3M in fiscal year 2024.

Is Broad Street profitable?

No, Broad Street (BRST) reported a net income of -$14.8M in fiscal year 2024, with a net profit margin of -35.8%.

What is Broad Street's EBITDA?

Broad Street (BRST) had EBITDA of $14.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Broad Street have?

As of fiscal year 2024, Broad Street (BRST) had $16.2M in cash and equivalents against $247.1M in long-term debt.

What is Broad Street's operating margin?

Broad Street (BRST) had an operating margin of -0.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Broad Street's net profit margin?

Broad Street (BRST) had a net profit margin of -35.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Broad Street's operating cash flow?

Broad Street (BRST) generated $601K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Broad Street's total assets?

Broad Street (BRST) had $345.3M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Broad Street have outstanding?

Broad Street (BRST) had 35M shares outstanding as of fiscal year 2024.

What is Broad Street's return on assets (ROA)?

Broad Street (BRST) had a return on assets of -4.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Why is Broad Street's debt-to-equity ratio negative or not reported?

Broad Street (BRST) has negative shareholder equity of -$9.0M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Broad Street's Piotroski F-Score?

Broad Street (BRST) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Broad Street's earnings high quality?

Broad Street (BRST) reported a net loss of $14.8M while generating $601K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.