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MARKETS / GGBY
REAL ESTATE · SMALL CAP

Alpha Investment Inc. GGBY

10 fiscal years on record · USD · FY2023 reported · SEC filings only
$-512,978
In brief

What this company does

We intend to provide capital directly to borrowers seeking financing for commercial real estate properties either for refinancing or acquisitions. These loans will encompass originating performing commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt. We expect to offer financing across a broad-spectrum of asset backed and commercial real asset type collateral of any property type such as office, retail, industrial, multi-family, and hospitality. The Company will coordinate its lending initiatives with outside commercial real estate loan brokers, which have access to commercial real estate owners seeking financing or refinancing opportunities, and with loan origination firms that have borrowers seeking loans. To identify attractive lending opportunities, the Company expects to continue to deploy its capital through the origination of commercial mortgage loans, subordinate financing and other commercial real-estate related debt investments at attractive risk-adjusted yields. The Company’s underwriting includes a focus on stressed in-place cash flows, debt yields, debt service coverage ratios, loan-to-value ratios, property quality and market and sub-market dynamics.

Written from the business description in Alpha Investment Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 April 2024. Every sentence was checked against that document before publication.

Growth
Revenue, FY2023 · full 10-year series below
Revenue $M Net income $M
FY2021 · Revenue 0.0 · Net income -2.1
-0.8M-1.6M2014201520162017201820192020202120222023
Compound annual growth
−10.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2021 · Operating -6085.9% · Net -6103.2%
-2000%-4000%-6000%2014201520162017201820192020202120222023
ROE
FY2020 · ROE -139.7%
-50%-100%-150%2014201520162017201820192020202120222023

Cash & shareholders
returned in FY2023 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2020 · Dividends — · Net buybacks 2.5
1.0M2.0M-0.4M20192020

Total assetsUSD 14.00
EquityUSD -4.9M
CashUSD 14.00
Current ratio0.00×

Equity funds -34793957% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2023202220212020201920182017201620152014
Revenue $B··0.00.00.00.00.00.0··
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B·−0.0−0.0−0.0−0.0−0.0····
Income tax $B··········
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B······−0.0···
EPS, diluted $···−0.03−0.04−0.04−0.020.00··
Dividend / sh $··········
Payout %··········
ROE %···−139.7−185.2−126.0−65.9···
Shares out B0.010.010.010.040.040.040.040.040.040.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 39 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 56 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate
Listed onnot stated in the filings
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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