Firm Capital Apartment Real Estate Investment Trust

Firm Capital Apartment Real Estate Investment Trust

FCAFF
Firm Capital Apartment Real Estate Investment TrustUS flagOther OTC
2.75
USD
- -
- -
20.91MMarket Cap
Firm Capital Apartment Real Estate Investment Trust
FCAFF
(Other OTC)

Recent

price

2.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2012
2013
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.25
3.86
0.28
6.49
4.63
1.99
2.11
0.94
0.66
0.62
0.53
0.77
1.52
1.56
0.97
0.8
0.8
Revenue per Share
-3.31
5.38
-1.08
-8.63
-4.45
-10.32
-2.69
0.28
0.9
1.02
0.73
0.51
-1.86
-1.15
-0.45
-0.93
-0.98
Basic EPS, GAAP
-1.53
-5.03
-0.45
-7.99
-2.18
-2.44
-1.49
-0.11
0.11
0.1
0.02
0.41
0.41
-0.11
0.03
-0.07
-0.16
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.02
0.22
0.23
0.25
0.24
0.12
- -
- -
- -
- -
Dividend per Share
-12.48
5.59
-13.18
-3.71
-6.13
8.51
11.92
8.11
7.89
9.39
9.84
10.15
8.17
-4.84
-5.29
-6.22
-6.28
Book Value per Share
24.8
32.37
22.97
52.35
21.79
13.13
15.87
10.12
9.55
9.39
9.84
10.15
8.17
7.02
6.57
5.64
5.58
Tangible Book Value per Share
- -
1
- -
1
2
2
2
5
6
7
8
8
8
8
8
8
8
Basic Weighted Avg Shares
- -
3
- -
6
10
4
5
5
4
4
4
6
12
12
7
6
6
Sales/Revenue/Turnover
-1,312.89
-73.7
-385.23
-29.53
-10.71
25.24
17.01
5.89
6.01
16.84
7.45
13.8
28.81
21.6
9.3
9.06
11.17
Operating Margin (%)
- -
- -
- -
3
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
4
- -
-8
-9
-20
-6
1
6
7
6
4
-14
-9
-3
-7
-7
Net Income, GAAP
- -
22.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
12.44
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-1,312.89
139.35
-385.23
-133.02
-96.15
-518.95
-127.39
29.25
136.11
164.23
135.86
65.34
-121.83
-73.48
-46.58
-115.58
-122.6
Profit Margin (%)
1
2
1
5
26
12
19
10
3
5
2
-10
-31
52
51
50
49
Working Capital
- -
22
- -
56
61
38
35
18
18
31
29
34
58
24
29
29
29
LT Debt
1
26
1
49
45
25
35
49
60
65
76
77
62
53
50
43
42
Total Equity
- -
-6.3
- -
- -
- -
- -
- -
- -
- -
- -
0.3
0.62
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
33.54
- -
- -
- -
- -
- -
- -
- -
- -
7.21
5.06
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
-27.65
4.08
12.73
12.33
7.95
5.02
-20.28
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
29
29
29
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
24
21
21

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
56
57
56
Cash, Cash Equivalents & STI
4
6
5
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
7
7
6
Payables & Accruals
7
7
6
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.26%
-10.49%
-14.15%
Free Cash Flow
154.44%
394.53%
-367.76%
Net Income, GAAP
-35.68%
-98.35%
106.31%
Sales/Revenue/Turnover
9.63%
17.44%
-16.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
1
7
2025
2
2
2
2
6
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.17
-0.37
0.11
- -
-0.45
2025
-0.01
-0.01
-0.72
- -
-0.93
2026
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Firm Capital Apartment Real Estate Investment Trust (FCA.UN) operates as a U.S.-focused real estate investment trust specializing in multi-residential properties; it acquires income-producing apartment buildings in major cities across the United States through direct ownership or joint ventures with local expert partners responsible for property management, and provides mortgage debt investments including bridge loans and joint venture equity capital for multi-residential real estate. The trust targets properties in key markets such as Florida, Connecticut, Texas, New York, Georgia and Maryland, offering unitholders quarterly distributions with a distribution reinvestment plan that enables reinvestment of cash distributions into additional units at a five-day weighted average trading price, alongside optional purchases up to US$12,000 annually. Founded in 2012 and headquartered in Toronto, Ontario, the trust functions as part of the broader Firm Capital group, which has managed real estate investments since 1988. In late 2025, following a strategic review and a third-quarter net loss of $5.45 million, the board announced plans to exit the U.S. multifamily market amid challenging economic conditions, real estate volatility and capital access constraints; it has sold four of six properties for US$71.6 million, applied US$28 million to debt reduction, and intends to liquidate remaining Texas assets, return cash to unitholders or repurpose the trust for alternative uses.

Company News

APIChatGPT
  • Firm Capital Apartment REIT Announces Results of Annual and Special Meeting

  • Firm Capital Apartment Real Estate Investment Trust Announces Undertaking Regarding Incentive Unit Option Plan

  • Firm Capital Apartment REIT Provides Strategic Review Update, Q4/2025 and 2025 Results

  • Firm Capital Apartment REIT Provides Strategic Review Update, Accretive Texas Property Refinancing and Q3/2025 Earnings

  • Firm Capital Apartment REIT Provides Strategic Review Update, Q2/2025 and YTD Results

  • Firm Capital Apartment Real Estate Investment Trust Announces Exchange Approval Of Normal Course Issuer Bid For Debentures