FrontView REIT, Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 14, 2025
FVR$19.70+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| Successor | Predecessor (1) | Successor | Predecessor (1) | |
|---|---|---|---|---|
| For the three months ended June 30, | For the six months ended June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | ||||
| Rental revenues | $17,467 | $14,474 | $33,612 | $29,627 |
| Other income | 87 | 136 | 185 | 242 |
| Total revenues | 17,554 | 14,610 | 33,797 | 29,869 |
| Operating expenses | ||||
| Depreciation and amortization | 9,466 | 6,971 | 17,271 | 14,296 |
| Property operating expenses | 2,714 | 1,710 | 5,090 | 3,691 |
| Property management fees | — | 497 | — | 1,007 |
| Asset management fees | — | 1,034 | — | 2,068 |
| General and administrative expenses | 3,279 | 643 | 6,118 | 1,361 |
| Total operating expenses | 15,459 | 10,855 | 28,479 | 22,423 |
| Other expenses (income) | ||||
| Interest expense | 4,647 | 6,597 | 9,144 | 13,292 |
| (Gain)/ loss on sale of real estate | (1,194) | 51 | (1,661) | (337) |
| Impairment loss | 2,978 | — | 3,406 | 591 |
| Income taxes | 194 | 119 | 296 | 281 |
| Total other expenses | 6,625 | 6,767 | 11,185 | 13,827 |
| Net loss | (4,530) | (3,012) | (5,867) | (6,381) |
| Less: Net loss attributable to convertible non-controlling preferred interests | — | 826 | — | 1,743 |
| Less: Net loss attributable to non-controlling interests | 1,629 | — | 2,133 | — |
| Net loss attributable to NADG NNN Property Fund LP (Predecessor) and to FrontView REIT, Inc. (Successor) | $(2,901) | $(2,186) | $(3,734) | $(4,638) |
| Weighted average number of common shares outstanding | ||||
| Basic | 19,136,225 | — | 18,229,095 | — |
| Diluted | 27,827,037 | — | 27,824,932 | — |
| Net loss per share attributable to common stockholders | ||||
| Basic | $(0.16) | $— | $(0.22) | $— |
| Diluted | $(0.16) | $— | $(0.22) | $— |
| Comprehensive loss | ||||
| Net loss | $(4,530) | $(3,012) | $(5,867) | $(6,381) |
| Other comprehensive loss | ||||
| Change in fair value of interest rate swaps | (1,332) | — | (1,511) | — |
| Comprehensive loss | (5,862) | (3,012) | (7,378) | (6,381) |
| Less: Comprehensive loss attributable to convertible non-controlling preferred interests | — | 826 | — | 1,743 |
| Less: Comprehensive loss attributable to non-controlling interests | 2,108 | — | 2,705 | — |
| Comprehensive loss attributable to NADG NNN Property Fund LP (Predecessor) and to FrontView REIT, Inc. (Successor) | $(3,754) | $(2,186) | $(4,673) | $(4,638) |
(1)
The Company determined that earnings per unit in the Predecessor period would not be meaningful to users of this filing, given the different unitholders in the Predecessor.
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