What is Trinity Place's earnings per share (EPS)?

Trinity Place (TPHS) reported diluted earnings per share of $0.09 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.

Trinity Place Financials

TPHS

FY2024 annual

Revenue $3.5M -89.5% YoY

Net Income $5.6M +114.4% YoY

EPS (Diluted) $0.09 YoY not available

Free Cash Flow Not reported for FY2024

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2024 Currency USD FYE December

Trinity Place (TPHS) reported $3.5M in revenue for fiscal year 2024, down 89.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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 TPHS FY2024 2026-08-15

FY2024 shows a balance-sheet reset that produced accounting profit while the underlying business still consumed cash.

FY2024's positive net income of $5.6M conflicts with an operating loss of -$5.0M, so reported profit came from outside the recurring business rather than from selling more efficiently. That mismatch, alongside negative operating cash flow, makes the year look more like a financial reset than evidence that the core business now funds itself.

The company is now much smaller: total assets fell from $267.5M in FY2023 to $3.7M in FY2024. Liabilities dropped even faster, which repaired equity from a deficit to a surplus, but cash at just $277K means the cleaner balance sheet did not leave much operating buffer.

From FY2021 through FY2023, losses repeatedly eroded equity, so the FY2024 repair appears tied more to financing and asset changes than to a steady operating recovery. Shares outstanding increased 71.0% in FY2024, and financing brought in $6.9M while operations still used cash.

Financial Health Signals

Financial health score not available

Trinity Place 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

3/6

Trinity Place passes 3 of 6 computable financial strength tests (3 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), both operating efficiency signals pass.

Earnings Quality No Cash Backing

$1.42used

For every $1 of reported earnings, Trinity Place used $1.42 of operating cash (-$7.9M OCF vs $5.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$3.5M

YoY-89.5%

5Y CAGR-5.2%

Trinity Place generated $3.5M in revenue in fiscal year 2024. This represents a decrease of 89.5% from the prior year.

EBITDA

-$3.9M

YoY-31.7%

Trinity Place's EBITDA was -$3.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 31.7% from the prior year.

Net Income

$5.6M

YoY+114.4%

Trinity Place reported $5.6M in net income in fiscal year 2024. This represents an increase of 114.4% from the prior year.

EPS (Diluted)

$0.09

Trinity Place earned $0.09 per diluted share (EPS) in fiscal year 2024.

Cash & Balance Sheet

Cash & Debt

$277K

YoY+4.9%

5Y CAGR-50.4%

10Y CAGR-19.1%

Trinity Place held $277K in cash as of fiscal year 2024; long-term debt is not reported for that period.

Shares Outstanding

65M

Trinity Place had 65M 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

Return on Equity

254.6%

Trinity Place's ROE was 254.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.

Gross Margin

Not reported for fiscal year 2024.

Operating Margin

Not shown for fiscal year 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for fiscal year 2024: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

None of these metrics is reported for fiscal year 2024.

TPHS Income Statement

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

TPHS annual income statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY11	FY10
Revenue	$3.5M-89.5%	$33.6M-21.8%	$43.0M+57.7%	$27.3M+1393.2%	$1.8M-60.6%	$4.6M+24.7%	$3.7M+99.5%	$1.9M+0.3%	$1.9M	N/A	$445.1M+18.0%	$377.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$271.3M+16.9%	$232.2M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$173.8M+19.8%	$145.1M
SG&A Expenses	$5.4M-11.0%	$6.0M+4.9%	$5.8M+12.1%	$5.1M-1.6%	$5.2M-8.1%	$5.7M+3.4%	$5.5M+2.2%	$5.4M-22.4%	$6.9M	N/A	$124.4M+13.6%	$109.5M
Operating Income	-$5.0M+48.8%	-$9.7M-12.7%	-$8.6M+18.9%	-$10.6M-250.7%	$7.0M+268.0%	-$4.2M+40.8%	-$7.1M+22.0%	-$9.1M-30.0%	-$7.0M	N/A	-$50.4M-940.5%	-$4.8M
Interest Expense	N/A	N/A	N/A	N/A	N/A	$67K+6600.0%	$1K-99.5%	$215K+411.9%	$42K	N/A	$1.4M-11.2%	$1.5M
Income Tax	$218K+19.1%	$183K-36.5%	$288K+8.7%	$265K-13.4%	$306K+139.1%	$128K-55.9%	$290K+109.6%	-$3.0M-1494.0%	$216K	N/A	-$18.9M-28.6%	-$14.7M
Net Income	$5.6M+114.4%	-$39.0M-88.6%	-$20.7M+0.6%	-$20.8M-580.2%	$4.3M+181.9%	-$5.3M+32.9%	-$7.9M-290.4%	-$2.0M+72.8%	-$7.4M	N/A	-$32.9M-495.5%	$8.3M
EPS (Diluted)	$0.09	-$1.02-82.1%	-$0.56+9.7%	-$0.62-576.9%	$0.13+176.5%	-$0.17+32.0%	-$0.25	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Revenue	$415K+4.5%	$397K+6.4%	$373K-84.2%	$2.4M+52.1%	$1.6M-85.4%	$10.7M+59.6%	$6.7M-54.7%	$14.7M
SG&A Expenses	$1.1M-17.2%	$1.3M-31.0%	$1.9M+70.5%	$1.1M-11.3%	$1.2M-17.5%	$1.5M-17.7%	$1.8M+27.1%	$1.4M
Operating Income	-$425K+58.4%	-$1.0M+38.9%	-$1.7M+10.0%	-$1.9M-8.3%	-$1.7M+47.1%	-$3.2M-18.4%	-$2.7M-36.1%	-$2.0M
Income Tax	$27K-47.1%	$51K-5.6%	$54K-37.2%	$86K	N/A	N/A	$51K-58.9%	$124K
Net Income	-$452K+57.8%	-$1.1M+37.9%	-$1.7M-119.5%	$8.9M+188.8%	-$10.0M+16.1%	-$11.9M-8.9%	-$10.9M-75.1%	-$6.2M
EPS (Diluted)	N/A	-$0.02+33.3%	-$0.03-117.6%	$0.17	N/A	-$0.31-6.9%	-$0.29-70.6%	-$0.17

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

No annual filing on record for: FY2012, FY2013, FY2014.

TPHS Balance Sheet

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

TPHS annual balance sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY11	FY10
Total Assets	$3.7M-98.6%	$267.5M-12.8%	$306.9M-10.0%	$341.2M+5.5%	$323.3M-6.4%	$345.3M+34.5%	$256.8M+112.2%	$121.0M+41.4%	$85.6M-1.1%	$86.6M	$270.8M	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$99.9M	N/A
Cash & Equivalents	$277K+4.9%	$264K-82.9%	$1.5M-64.1%	$4.3M-33.8%	$6.5M-29.2%	$9.2M-20.0%	$11.5M-24.7%	$15.3M+226.5%	$4.7M-87.7%	$38.2M	$2.3M+12.2%	$2.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$76.6M	N/A
Accounts Receivable	$146K-59.0%	$356K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5M-99.5%	$277.6M-0.7%	$279.6M-4.0%	$291.2M+11.5%	$261.2M-8.5%	$285.6M+44.8%	$197.3M+267.2%	$53.7M-6.7%	$57.6M-6.5%	$61.6M	$109.8M	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$68.4M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$178.6M+39.1%	$128.4M	N/A	N/A	N/A	$30.2M	N/A
Total Equity	$2.2M+121.9%	-$10.0M-136.8%	$27.3M-45.3%	$50.0M-19.4%	$62.0M+10.8%	$56.0M-4.9%	$58.8M-12.5%	$67.3M+140.1%	$28.0M+12.3%	$25.0M	$161.0M-17.5%	$195.0M
Retained Earnings	-$90.3M+5.8%	-$95.9M-68.6%	-$56.9M-57.2%	-$36.2M-135.2%	-$15.4M+3.8%	-$16.0M-3.4%	-$15.5M-104.1%	-$7.6M-36.4%	-$5.6M-434.3%	$1.7M	$187.2M	N/A

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Total Assets	$3.7M+24.1%	$3.0M-32.8%	$4.5M-27.5%	$6.2M-97.7%	$267.5M-0.1%	$267.7M-5.0%	$281.8M-2.6%	$289.3M
Cash & Equivalents	$277K-45.1%	$505K-40.9%	$854K+199.6%	$285K+8.0%	$264K-67.4%	$809K-81.6%	$4.4M+70.2%	$2.6M
Accounts Receivable	$146K	N/A	N/A	N/A	$356K	N/A	N/A	N/A
Total Liabilities	$1.5M+0.3%	$1.5M-42.4%	$2.6M-2.7%	$2.7M-99.0%	$277.6M+3.2%	$268.9M-0.9%	$271.3M+1.2%	$268.1M
Total Equity	$2.2M+48.6%	$1.5M-18.9%	$1.8M-47.1%	$3.5M+134.3%	-$10.0M-766.2%	-$1.2M-111.1%	$10.5M-50.5%	$21.2M
Retained Earnings	-$90.3M-0.5%	-$89.8M-1.2%	-$88.8M-2.0%	-$87.1M+9.2%	-$95.9M-11.6%	-$85.9M-16.1%	-$74.0M-17.3%	-$63.1M

Not reported in any period shown, so not listed: Goodwill.

No annual filing on record for: FY2012, FY2013, FY2014.

TPHS Cash Flow Statement

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

TPHS annual cash flow statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY11	FY10
Operating Cash Flow	-$7.9M-45.1%	-$5.5M-505.2%	$1.4M+106.4%	-$21.2M+62.0%	-$55.9M+20.9%	-$70.6M-2544.3%	-$2.7M+64.4%	-$7.5M+49.1%	-$14.8M	N/A	-$15.6M-157.9%	$26.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$15.5M+27.1%	$12.2M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$31.1M-312.2%	$14.7M
Investing Cash Flow	-$6.9M-197.7%	$7.1M-59.2%	$17.3M+12475.0%	-$140K+98.6%	-$9.7M-135.0%	$27.6M+130.1%	-$91.6M-5534.8%	-$1.6M+93.8%	-$26.2M	N/A	-$4.8M+90.7%	-$51.1M
Financing Cash Flow	$6.9M+145.1%	-$15.3M+28.7%	-$21.5M-171.2%	$30.2M-52.1%	$62.9M+32.0%	$47.7M-43.3%	$84.1M+237.0%	$25.0M+230.1%	$7.6M	N/A	$20.6M-15.8%	$24.4M
Share Buybacks	N/A	N/A	$290K-21.6%	$370K-46.8%	$695K-10.0%	$772K-29.0%	$1.1M-57.7%	$2.6M+30.9%	$2.0M	N/A	$1.2M	N/A

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Operating Cash Flow	-$845K+32.5%	-$1.3M+10.0%	-$1.4M+68.8%	-$4.5M-0.1%	-$4.4M-56.4%	-$2.8M-25.7%	-$2.3M-155.4%	$4.1M
Investing Cash Flow	$0	$0	$0+100.0%	-$6.9M-86200.0%	-$8K+93.3%	-$120K-757.1%	-$14K-100.2%	$7.2M
Financing Cash Flow	$0-100.0%	$3K+103.3%	-$90K-101.3%	$7.0M+85.8%	$3.8M+210.3%	-$3.4M-222.3%	-$1.1M+92.8%	-$14.6M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$145K

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

No annual filing on record for: FY2012, FY2013, FY2014.

TPHS Financial Ratios

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

TPHS annual financial ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY11	FY10
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	39.0%+0.6pp	38.5%
Operating Margin	-140.5%	-28.9%-8.9pp	-20.0%+18.9pp	-38.9%	385.9%	-90.5%	-190.7%	-488.0%	-376.5%	N/A	-11.3%-10.0pp	-1.3%
Net Margin	158.2%	-116.1%	-48.1%+28.2pp	-76.3%	237.3%	-114.3%	-212.4%	-108.5%	-400.6%	N/A	-7.4%-9.6pp	2.2%
Return on Equity	254.6%	N/A	-75.7%-34.1pp	-41.6%-48.6pp	7.0%+16.4pp	-9.5%+3.9pp	-13.4%-10.4pp	-3.0%+23.5pp	-26.5%	N/A	-20.4%-24.7pp	4.3%
Return on Assets	150.3%+164.9pp	-14.6%-7.8pp	-6.7%-0.6pp	-6.1%-7.4pp	1.3%+2.9pp	-1.5%+1.5pp	-3.1%-1.4pp	-1.7%+7.0pp	-8.7%	N/A	-12.1%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.46	N/A
Debt-to-Equity	0.69	N/A	10.23+4.4x	5.82+1.6x	4.21+1.0x	3.19+1.0x	2.18+1.4x	0.80-1.3x	2.05-0.4x	2.47	0.19	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-7.0%-10.9pp	3.9%

Metric	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Operating Margin	-102.4%	-257.2%	-448.3%	-78.8%	-110.7%	-30.4%+10.6pp	-41.0%-27.4pp	-13.7%
Net Margin	-108.9%	-270.0%	-462.7%	375.6%	-643.6%	-111.6%	-163.6%	-42.3%
Return on Equity	-20.5%+51.8pp	-72.4%+22.1pp	-94.5%-351.1pp	256.6%	N/A	N/A	-104.1%-74.6pp	-29.4%
Return on Assets	-12.1%+23.6pp	-35.7%+2.9pp	-38.6%-182.3pp	143.7%+147.4pp	-3.7%+0.7pp	-4.4%-0.6pp	-3.9%-1.7pp	-2.2%
Debt-to-Equity	0.69-0.3x	1.03-0.4x	1.45+0.7x	0.79	N/A	N/A	25.85+13.2x	12.66

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.

No annual filing on record for: FY2012, FY2013, FY2014.

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Where Trinity Place Ranks

Frequently Asked Questions

What is Trinity Place's annual revenue?

Trinity Place (TPHS) reported $3.5M in total revenue for fiscal year 2024. This represents a -89.5% 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 Trinity Place's revenue growing?

Trinity Place (TPHS) revenue declined by 89.5% year-over-year, from $33.6M to $3.5M in fiscal year 2024.

Is Trinity Place profitable?

Yes, Trinity Place (TPHS) reported a net income of $5.6M in fiscal year 2024.

What is Trinity Place's EBITDA?

Trinity Place (TPHS) had EBITDA of -$3.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Trinity Place's return on equity (ROE)?

Trinity Place (TPHS) has a return on equity of 254.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Trinity Place's operating cash flow?

Trinity Place (TPHS) recorded an outflow of $7.9M in operating cash flow during fiscal year 2024, representing cash used by core business activities.

What are Trinity Place's total assets?

Trinity Place (TPHS) had $3.7M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Trinity Place have outstanding?

Trinity Place (TPHS) had 65M shares outstanding as of fiscal year 2024.

What is Trinity Place's debt-to-equity ratio?

Trinity Place (TPHS) had a debt-to-equity ratio of 0.69 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Trinity Place's return on assets (ROA)?

Trinity Place (TPHS) had a return on assets of 150.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Trinity Place's cash runway?

Based on fiscal year 2024 data, Trinity Place (TPHS) had $277K in cash against an annual operating cash burn of $7.9M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Trinity Place's Piotroski F-Score?

Trinity Place (TPHS) has a Piotroski F-Score of 3 out of 6 computable signals; 3 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 Trinity Place's earnings high quality?

For every $1 of reported earnings, Trinity Place (TPHS) used $1.42 of operating cash (-$7.9M OCF vs $5.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.