Sunrise Realty Trust, Inc. engages in commercial real estate lending business in the United States. It focuses on originating commercial real estate (CRE) loans and providing capital to borrowers and sponsors with business plants collateralized by CRE assets. The company also intends to diversify investment portfolio, targeting investments for mortgage loans, mezzanine loans, B-notes, commercial mortgage-backed securities, and debt-like preferred equity securities across CRE asset classes. Sunrise Realty Trust, Inc. was founded in 2023 and is headquartered in West Palm Beach, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $26M | $12M | $12M | $-3M | 6.7% | 143.2% | 76.8% |
| 2024 | $11M | $7M | $7M | $2M | 6.0% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2024 | 2025 |
|---|---|---|
| Total Revenue | 10.84 | 26.37 |
| Cost Of Revenue | 1.03 | 7.26 |
| Gross Profit | 9.81 | 19.12 |
| Operating Expense | 2.94 | 6.97 |
| Operating Income | 6.87 | 12.14 |
| EBITDA | 6.87 | 12.14 |
| EBIT | 6.87 | 12.14 |
| Pretax Income | 6.87 | 12.14 |
| Tax Provision | 0 | 0 |
| Net Income | 6.87 | 12.14 |
| Net Income Common Stockholders | 6.84 | 11.89 |
| Total Expenses | 3.98 | 14.23 |
| Selling General And Administration | 2.90 | 4.95 |
| Normalized EBITDA | 6.87 | 12.14 |
| Normalized Income | 6.87 | 12.14 |
| Basic EPS | 1.01 | 0 |
| Diluted EPS | 1 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 6.87 | 12.14 |
| Reconciled Cost Of Revenue | 1.03 | 7.26 |
| Net Income From Continuing And Discontinued Operation | 6.87 | 12.14 |
| Diluted Average Shares | 6.84 | 0 |
| Basic Average Shares | 6.80 | 0 |
| Diluted NI Availto Com Stockholders | 6.84 | 11.89 |
| Otherunder Preferred Stock Dividend | 0.03 | 0.25 |
| Net Income Including Noncontrolling Interests | 6.87 | 12.14 |
| Net Income Continuous Operations | 6.87 | 12.14 |
| Provision For Doubtful Accounts | 0.04 | 2.03 |
| General And Administrative Expense | 2.90 | 4.95 |
| Other Gand A | 2.57 | 3.93 |
| Salaries And Wages | 0.34 | 1.02 |
| Operating Revenue | 10.84 | 26.37 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Sunrise Realty Trust, Inc.this co. | SUNS | $100M | 7.98β discount | 0.55 | 6.7% | - |
| NLOP | NLOP | $192M | - | 0.65 | -48.8% | 1.49 |
| Seven Hills Realty Trust | SEVN | $182M | 8.97 | 0.55 | 4.6% | - |
| Douglas Elliman Inc. | DOUG | $174M | 11.59 | 0.95 | 8.3% | -46.49 |
| Modiv Industrial, Inc. | MDV | $165M |
| - |
| 1.01 |
| 0.5% |
| 13.16 |
| ACRES Commercial Realty Corp. | ACR | $151M | 688.67 | 0.32 | 3.9% | - |
| Clipper Realty Inc. | CLPR | $144M | - | -1.79 | 24.6% | 17.96 |
| RPT | RPT | $109M | - | 0.45 | 0.5% | - |
| Franklin Street Properties Corp. | FSP | $65M | - | 0.11 | -7.4% | 8.75 |
| Peer Median | - | 11.59 | 0.50 | 2.2% | 8.75 | |