BBX Capital, Inc. Reports Financial Results For the First Quarter of 2024
2024年5月11日 - 5:15AM
ビジネスワイヤ(英語)
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) (“BBX Capital” or
the “Company”) reported today its financial results for the first
quarter of 2024.
Selected highlights of BBX Capital’s consolidated financial
results include:
First Quarter 2024 Compared to First Quarter
2023
●
Total consolidated revenues of $81.0
million vs. $95.0 million
●
Loss before income taxes of $(15.4)
million vs. income before taxes of $9.2 million
●
Net loss attributable to shareholders of
$(13.0) million vs. net income attributable to shareholders of $7.9
million
●
Diluted loss per share of ($0.94) vs.
diluted earnings per share of $0.55
Balance Sheet as of March 31, 2024
●
Cash and cash equivalents of $108.2
million (including $3.1 million held in variable interest
entities)
●
Securities available for sale of $30.6
million
●
Total consolidated assets of $657.9
million
●
Total shareholders' equity of $299.3
million
●
Fully diluted book value per share of
$20.20 (1)
(1)
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 March 31, 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 March 31, 2024, which will be available on the
SEC's website, https://www.sec.gov, and on BBX Capital’s website,
www.BBXCapital.com on May 10, 2024.
About BBX Capital, Inc.: BBX
Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) is a Florida-based
diversified holding company whose principal holdings include BBX
Capital Real Estate, BBX Sweet Holdings, and Renin. For additional
information, please visit www.BBXCapital.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240510709079/en/
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