Company research
Fortress Net Lease REIT
CIK 1966394
Filing activity
Latest filing
31 filings on record · 10-Q, D/A, 8-K, 4.
Recent filings
10-Q filing
D/A filing
Items 06b, 3C.5
Unregistered Sales of Equity Securities · Other Events
Items 3.02, 8.01
Other Events
Items 8.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03
Show 5 more recent filings
Unregistered Sales of Equity Securities · Other Events
Items 3.02, 8.01
Entry into a Material Definitive Agreement · Triggering Events That Accelerate or Increase a Direct Financial Obligation
Items 1.01, 2.04, 9.01
Other Events
Items 8.01
4 filing
Unregistered Sales of Equity Securities · Other Events
Items 3.02, 8.01
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 3,254,775,000Source | 1,588,521,000Source | 252,458,000Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,968,000Source | 127,225,000Source | 4,515,000Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 1,890,281,000Source | 812,716,000Source | 143,369,000Source |
| Stockholders’ equity: | |||
| Additional Paid in CapitalUSD | 1,414,710,000Source | 796,992,000Source | 115,952,000Source |
| Retained Earnings (Accumulated Deficit)USD | -83,861,000Source | -28,417,000Source | -6,982,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -790,000Source | 948,000Source | 0Source |
| Stockholders' Equity Attributable to ParentUSD | 1,331,488,000Source | 770,326,000Source | 109,089,000Source |
| Liabilities and EquityUSD | 3,254,775,000Source | 1,588,521,000Source | 252,458,000Source |
| Additional Financial Items | |||
| Dividends PayableUSD | 8,911,000Source | 4,260,000Source | 470,000Source |
| Long-term DebtUSD | 1,309,594,000Source | 683,654,000Source | — |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 5,714,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 26,969,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 67,206,000Source | 14,003,000Source | 25,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 85,044,000Source | 34,102,000Source | 536,000Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,860,188,000Source | -1,246,728,000Source | -109,868,000Source |
| Cash flows from financing activities: | |||
| Payments for Repurchase of Common StockUSD | 14,119,000Source | 2,944,000Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,608,067,000Source | 1,295,184,000Source | 241,736,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 45,907,000Source | 19,367,000Source | 231,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 47,885,000Source | 214,962,000Source | 132,404,000Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 52,234,000Source | 2,433,000Source | 87,000Source |
| Additional Financial Items | |||
| Share-based Payment Arrangement, ExpenseUSD | 300,000Source | 300,000Source | 0Source |
| Amortization of Intangible AssetsUSD | 19,600,000Source | 3,500,000Source | 5,776Source |
| DepreciationUSD | 47,600,000Source | 10,500,000Source | 19,310Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 1,704,000Source | — | — |
| Dividends PayableUSD | 8,911,000Source | 4,260,000Source | 470,000Source |
| General and Administrative ExpenseUSD | 14,523,000Source | 8,185,000Source | 176,000Source |
| Investment Income, InterestUSD | 1,415,000Source | 5,222,000Source | 413,000Source |
| Net Income (Loss) Attributable to ParentUSD | 26,751,000Source | 11,605,000Source | -6,281,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 218,000Source | — | — |
| Nonoperating Income (Expense)USD | -55,145,000Source | 1,051,000Source | 326,000Source |
| Operating ExpensesUSD | 102,232,000Source | 30,801,000Source | 6,692,000Source |
| Operating Lease, Lease IncomeUSD | 184,346,000Source | 41,355,000Source | 85,000Source |
| Proceeds from Issuance of Common StockUSD | 539,935,000Source | 559,029,000Source | 118,775,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | -1,748,000Source | 948,000Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 184,346,000Source | 41,355,000Source | 85,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 218,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 26,751,000Source | 11,605,000Source | -6,281,000Source |
| Earnings Per Share, BasicUSD per share | 0.23Source | 0.21Source | -3.96Source |
| Earnings Per Share, DilutedUSD per share | 0.23Source | 0.21Source | -3.96Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 115,809,000Source | 55,503,000Source | 1,587,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 116,336,000Source | 55,503,000Source | 1,587,000Source |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | 19,600,000Source | 3,500,000Source | 5,776Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.78Source | 0.58Source | 0.08Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 67,206,000Source | 14,003,000Source | 25,000Source |
| General and Administrative ExpenseUSD | 14,523,000Source | 8,185,000Source | 176,000Source |
| Investment Income, InterestUSD | 1,415,000Source | 5,222,000Source | 413,000Source |
| Management Fee ExpenseUSD | 12,072,000Source | 3,557,000Source | 0Source |
| Nonoperating Income (Expense)USD | -55,145,000Source | 1,051,000Source | 326,000Source |
| Operating ExpensesUSD | 102,232,000Source | 30,801,000Source | 6,692,000Source |
| Operating Lease, Lease IncomeUSD | 184,346,000Source | 41,355,000Source | 85,000Source |