This page shows Franklin St Prop (FSP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Franklin St Prop has an operating margin of 43.8%, meaning the company retains $44 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power.
Franklin St Prop's revenue declined 10.8% year-over-year, from $120.1M to $107.2M. This contraction results in a growth score of 15/100.
Franklin St Prop carries a low D/E ratio of 0.47, meaning only $0.47 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
While Franklin St Prop generated $3.8M in operating cash flow, capex of $16.4M consumed most of it, leaving -$12.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Franklin St Prop generates a -7.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -8.0% the prior year.
Franklin St Prop passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Franklin St Prop generates $-0.08 in operating cash flow ($3.8M OCF vs -$45.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Franklin St Prop earns $1.9 in operating income for every $1 of interest expense ($46.9M vs $24.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Franklin St Prop generated $107.2M in revenue in fiscal year 2025. This represents a decrease of 10.8% from the prior year.
Franklin St Prop's EBITDA was $92.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Franklin St Prop reported -$45.0M in net income in fiscal year 2025. This represents an increase of 14.7% from the prior year.
Franklin St Prop earned $-0.43 per diluted share (EPS) in fiscal year 2025. This represents an increase of 15.7% from the prior year.
Cash & Balance Sheet
Franklin St Prop generated -$12.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 22.0% from the prior year.
Franklin St Prop held $30.6M in cash against $0 in long-term debt as of fiscal year 2025.
Franklin St Prop paid $0.01 per share in dividends in fiscal year 2025. This represents a decrease of 75.0% from the prior year.
Franklin St Prop had 104M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.
Margins & Returns
Franklin St Prop's gross margin was 60.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.7 percentage points from the prior year.
Franklin St Prop's operating margin was 43.8% in fiscal year 2025, reflecting core business profitability.
Franklin St Prop's net profit margin was -42.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.
Franklin St Prop's ROE was -7.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the prior year.
Capital Allocation
Franklin St Prop invested $16.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 34.9% from the prior year.
FSP Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.0M-4.6% | $27.3M+2.2% | $26.7M-1.4% | $27.1M-4.5% | $28.4M-4.4% | $29.7M-3.7% | $30.8M-1.3% | $31.2M |
| Cost of Revenue | $10.6M-0.9% | $10.7M-0.3% | $10.7M+6.0% | $10.1M-11.6% | $11.4M-1.3% | $11.6M+5.0% | $11.0M+0.1% | $11.0M |
| Gross Profit | $15.5M-7.0% | $16.6M+3.8% | $16.0M-5.9% | $17.0M+0.4% | $17.0M-6.4% | $18.1M-8.6% | $19.8M-2.0% | $20.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.6M-13.4% | $3.0M-7.5% | $3.3M-5.8% | $3.5M+23.8% | $2.8M-14.0% | $3.3M-9.9% | $3.6M-12.6% | $4.2M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $6.3M-0.1% | $6.3M+0.1% | $6.3M+11.4% | $5.7M-3.7% | $5.9M-10.2% | $6.6M-7.0% | $7.1M+3.4% | $6.8M |
| Income Tax | $52K+1633.3% | $3K-96.3% | $82K+57.7% | $52K-3.7% | $54K-3.6% | $56K+16.7% | $48K-17.2% | $58K |
| Net Income | -$7.3M+12.0% | -$8.3M-5.7% | -$7.9M+63.3% | -$21.4M-151.4% | -$8.5M+45.4% | -$15.6M+25.7% | -$21.0M-178.4% | -$7.6M |
| EPS (Diluted) | N/A | $-0.080.0% | $-0.08+61.9% | $-0.21 | N/A | $-0.15+25.0% | $-0.20-185.7% | $-0.07 |
FSP Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $892.9M-0.9% | $901.0M-0.2% | $903.2M-1.4% | $916.4M-3.2% | $946.9M-3.5% | $981.5M-3.1% | $1.0B-2.5% | $1.0B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $30.6M-2.7% | $31.4M+7.0% | $29.4M-2.6% | $30.2M-26.6% | $41.1M+0.6% | $40.9M+35.1% | $30.2M-11.5% | $34.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $471K-65.9% | $1.4M-12.0% | $1.6M+7.3% | $1.5M+14.0% | $1.3M-4.9% | $1.3M-42.6% | $2.3M+6.8% | $2.2M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $285.9M+0.1% | $285.7M+2.6% | $278.5M-1.6% | $283.0M-2.8% | $291.1M-7.9% | $316.1M-4.3% | $330.4M-1.4% | $335.1M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $607.0M-1.4% | $615.3M-1.5% | $624.7M-1.4% | $633.4M-3.4% | $655.9M-1.4% | $665.4M-2.4% | $682.1M-3.1% | $703.9M |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FSP Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.8M-53.7% | $8.3M+387.7% | -$2.9M+47.5% | -$5.5M-343.5% | $2.3M-84.4% | $14.5M+2333.3% | -$648K+90.9% | -$7.1M |
| Capital Expenditures | $3.8M-28.0% | $5.3M+84.5% | $2.9M-35.7% | $4.5M-27.4% | $6.1M+5.4% | $5.8M+29.8% | $4.5M-48.8% | $8.8M |
| Free Cash Flow | $24K-99.2% | $3.0M+152.1% | -$5.7M+42.2% | -$9.9M-155.5% | -$3.9M-145.0% | $8.6M+268.3% | -$5.1M+67.6% | -$15.8M |
| Investing Cash Flow | -$3.8M+28.2% | -$5.3M-263.5% | $3.2M+172.6% | -$4.5M-116.8% | $26.4M+16.2% | $22.8M+606.7% | -$4.5M-117.6% | $25.6M |
| Financing Cash Flow | -$1.0M+46.5% | -$1.9M-38.8% | -$1.4M-17.4% | -$1.2M+95.8% | -$28.4M-7.8% | -$26.3M-2201.1% | -$1.1M+98.9% | -$108.6M |
| Dividends Paid | $1.0M0.0% | $1.0M+0.2% | $1.0M-0.1% | $1.0M0.0% | $1.0M0.0% | $1.0M+0.2% | $1.0M0.0% | $1.0M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FSP Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.4%-1.5pp | 60.9%+1.0pp | 59.9%-2.8pp | 62.8%+3.0pp | 59.7%-1.3pp | 61.0%-3.2pp | 64.2%-0.5pp | 64.7% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -28.1%+2.4pp | -30.5%-1.0pp | -29.5%+49.6pp | -79.1%-49.0pp | -30.0%+22.6pp | -52.6%+15.6pp | -68.2%-44.0pp | -24.2% |
| Return on Equity | -1.2%+0.1pp | -1.4%-0.1pp | -1.3%+2.1pp | -3.4%-2.1pp | -1.3%+1.1pp | -2.4%+0.7pp | -3.1%-2.0pp | -1.1% |
| Return on Assets | -0.8%+0.1pp | -0.9%-0.1pp | -0.9%+1.5pp | -2.3%-1.4pp | -0.9%+0.7pp | -1.6%+0.5pp | -2.1%-1.3pp | -0.7% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.470.0 | 0.46+0.0 | 0.450.0 | 0.450.0 | 0.44-0.0 | 0.470.0 | 0.480.0 | 0.48 |
| FCF Margin | 0.1%-10.9pp | 11.0%+32.5pp | -21.5%+15.2pp | -36.6%-22.9pp | -13.7%-42.8pp | 29.1%+45.8pp | -16.7%+34.1pp | -50.7% |
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Frequently Asked Questions
What is Franklin St Prop's annual revenue?
Franklin St Prop (FSP) reported $107.2M in total revenue for fiscal year 2025. This represents a -10.8% 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 Franklin St Prop's revenue growing?
Franklin St Prop (FSP) revenue declined by 10.8% year-over-year, from $120.1M to $107.2M in fiscal year 2025.
Is Franklin St Prop profitable?
No, Franklin St Prop (FSP) reported a net income of -$45.0M in fiscal year 2025, with a net profit margin of -42.0%.
What is Franklin St Prop's EBITDA?
Franklin St Prop (FSP) had EBITDA of $92.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Franklin St Prop's gross margin?
Franklin St Prop (FSP) had a gross margin of 60.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Franklin St Prop's operating margin?
Franklin St Prop (FSP) had an operating margin of 43.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Franklin St Prop's net profit margin?
Franklin St Prop (FSP) had a net profit margin of -42.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Franklin St Prop pay dividends?
Yes, Franklin St Prop (FSP) paid $0.01 per share in dividends during fiscal year 2025.
What is Franklin St Prop's return on equity (ROE)?
Franklin St Prop (FSP) has a return on equity of -7.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Franklin St Prop's free cash flow?
Franklin St Prop (FSP) generated -$12.7M in free cash flow during fiscal year 2025. This represents a 22.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Franklin St Prop's operating cash flow?
Franklin St Prop (FSP) generated $3.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Franklin St Prop's total assets?
Franklin St Prop (FSP) had $892.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Franklin St Prop's capital expenditures?
Franklin St Prop (FSP) invested $16.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Franklin St Prop's debt-to-equity ratio?
Franklin St Prop (FSP) had a debt-to-equity ratio of 0.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Franklin St Prop's return on assets (ROA)?
Franklin St Prop (FSP) had a return on assets of -5.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Franklin St Prop's Piotroski F-Score?
Franklin St Prop (FSP) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Franklin St Prop's earnings high quality?
Franklin St Prop (FSP) has an earnings quality ratio of -0.08x, considered mixed quality. 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.
Can Franklin St Prop cover its interest payments?
Franklin St Prop (FSP) has an interest coverage ratio of 1.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Franklin St Prop?
Franklin St Prop (FSP) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.