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% | - | - |
| 2023 | - | - | - | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Revenue | - | 10.84 | 26.37 |
| Operating Revenue | - | 10.84 | 26.37 |
| Cost Of Revenue | - | 1.03 | 7.26 |
| Gross Profit | - | 9.81 | 19.12 |
| Operating Expense | - | 2.94 | 6.97 |
| Selling General And Administration | - | 2.90 | 4.95 |
| Total Expenses | - | 3.98 | 14.23 |
| Operating Income | - | 6.87 | 12.14 |
| EBITDA | - | 6.87 | 12.14 |
| Normalized EBITDA | - | 6.87 | 12.14 |
| EBIT | - | 6.87 | 12.14 |
| Pretax Income | - | 6.87 | 12.14 |
| Tax Provision | - | 0 | 0 |
| Tax Rate For Calcs | - | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 |
| Net Income Continuous Operations | - | 6.87 | 12.14 |
| Net Income From Continuing And Discontinued Operation | - | 6.87 | 12.14 |
| Net Income From Continuing Operation Net Minority Interest | - | 6.87 | 12.14 |
| Net Income | - | 6.87 | 12.14 |
| Net Income Common Stockholders | - | 6.84 | 11.89 |
| Net Income Including Noncontrolling Interests | - | 6.87 | 12.14 |
| Normalized Income | - | 6.87 | 12.14 |
| Diluted NI Availto Com Stockholders | - | 6.84 | 11.89 |
| Basic Average Shares | - | 6.80 | - |
| Diluted Average Shares | - | 6.84 | - |
| Reconciled Cost Of Revenue | - | 1.03 | 7.26 |
| General And Administrative Expense | - | 2.90 | 4.95 |
| Other Gand A | - | 2.57 | 3.93 |
| Salaries And Wages | - | 0.34 | 1.02 |
| Provision For Doubtful Accounts | - | 0.04 | 2.03 |
| Otherunder Preferred Stock Dividend | - | 0.03 | 0.25 |
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 | $117M | 9.81β premium | 3.74 | 6.5% | 19.13 |
| NLOP | NLOP | $177M | -1.22 | 0.60 | -49.4% | -0.85 |
| Strawberry Fields REIT, Inc. | STRW | $171M | 22.53 | 14.10 | 62.6% | 7.15 |
| Douglas Elliman Inc. | DOUG | $165M | 10.81 | 0.89 | 8.3% | 4.85 |
| Clipper Realty Inc. | CLPR | $139M |
| -6.98 |
| -4.52 |
| 64.8% |
| 43.27 |
| ACRES Commercial Realty Corp. | ACR | $137M | 6.41 | 0.32 | 5.1% | - |
| RPT | RPT | $111M | 75.35 | 0.46 | 0.6% | - |
| Franklin Street Properties Corp. | FSP | $57M | -1.27 | 0.09 | -7.4% | 10.89 |
| Lument Finance Trust, Inc. | LFT | $56M | -20.25 | 0.34 | -1.7% | - |
| Peer Median | - | 2.59 | 0.40 | 2.8% | 7.15 | |