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BALCAO · OPEATORS OF NONRESIDENTIAL BUILDINGS · SMALL CAP

Trinity Place Holdings Inc. TPHS

11 fiscal years on record · USD · FY2024 reported · SEC filings only
$3.5M
▼ 89.5% YoY
$5.6M

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

In brief

What this company does

Trinity Place Holdings Inc., which we refer to in this Annual Report on Form 10-K as “Trinity, ” “we,” “our,” or “us”, is a real estate holding, investment, development and asset management company. TPHGreenwich now holds, subject to the subsequent sales as described below, (i) the property located at 77 Greenwich Street in Lower Manhattan (“77 Greenwich”), which is substantially complete as a mixed-use project consisting of a 90-unit residential condominium tower, retail space and a New York City elementary school (ii) a 105-unit, 12-story multi-family property located at 237 11th Street in Brooklyn, New York (“237 11th”), and (iii) a property occupied by retail tenants in Paramus, New Jersey (the “Paramus Property). On February 4, 2025, TPHGreenwich sold the Paramus Property for a gross sales price of $15.6 million. On March 14, 2025, TPHGreenwich sold 237 11th for a gross sales price of $68.5 million. We also control a variety of intellectual property assets focused on the consumer sector, a legacy of our predecessor, Syms Corp. (“Syms”), including FilenesBasement.com, our rights to the Stanley Blacker® brand, as well as the intellectual property associated with the Running of the Brides® event and the An Educated Consumer is Our Best Customer® slogan.

Written from the business description in Trinity Place Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 March 2025. Every sentence was checked against that document before publication.

Growth

USD 3.5M
Revenue, FY2024 · full 11-year series below
Revenue $M Net income $M
FY2024 · Revenue 3.5 · Net income 5.6
200M400M
20092017202020232024
Compound annual growth
−49.4%
−5.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −5.2% a year over the five years to FY2024.

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

158 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating -140.5% · Net 158.2%
50%100%150%-200%-400%
200920192024
ROE
FY2022 · ROE -53.5%
2%4%6%-20%-40%
200920192024
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -5.6
10M20M-40M-80M
200920192024
Net buybacks $M Dividends $M
FY2022 · Dividends · · Net buybacks 0.3
-15M-30M
20102016201720182019202020212022

Total assetsUSD 3.7M
EquityUSD 2.2M
CashUSD 277,000.00

Equity funds 59% of total assets.

The 11-year record

11 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—not applicable◌not available in our data
TPHS, 11-year financial record
Metric 20242023202220212020201920182017201620102009
Revenue $B0.00.00.00.00.00.00.00.00.00.40.4
Operating income $B−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.1−0.0
EBITDA $B−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.00.0
Income tax $B0.00.00.00.00.00.00.0−0.00.0−0.0−0.0
Net income $B0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.00.0
Free cash flow $B◌−0.00.0−0.0−0.1−0.1−0.1−0.0−0.0−0.00.0
EPS, diluted $0.09−1.02−0.56−0.620.13−0.17−0.25−0.07−0.29−2.270.57
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————————
ROE %——−53.5−37.17.3−9.2−12.5−4.2−28.1−18.54.3
Shares out B0.070.040.040.040.030.030.030.030.030.01◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 1 failure in 42 reconciliationsAUDITED

Reconciled in 11 of the 11 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: the share count is not tagged before 2010. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityOpeators of Nonresidential Buildings
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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