In fiscal 2025, which ended Oct 31, 2025, First Real Estate Investment Trust Of New Jersey, Inc. reported revenue of $29.3 million, up 2.2% from the year before. Net income was $3.5 million, a profit margin of 12.0%. Operating income came to $15.2 million, an operating margin of 51.7%. Diluted earnings per share were $0.47. Over the twelve months ended Jul 31, 2026, revenue was $30.2 million and net income was $22.8 million. Across the 8 fiscal years shown, revenue shrank from $58.0 million in fiscal 2018 to $29.3 million in fiscal 2025, about 9.3% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jul 31, 2026
|
FY 2025
Oct 31, 2025
|
FY 2024
Oct 31, 2024
|
FY 2023
Oct 31, 2023
|
FY 2022
Oct 31, 2022
|
FY 2021
Oct 31, 2021
|
FY 2020
Oct 31, 2020
|
FY 2019
Oct 31, 2019
|
FY 2018
Oct 31, 2018
|
FY 2017
Oct 31, 2017
|
FY 2016
Oct 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
30
+4.1%
|
29
+2.2%
|
29
+1.2%
|
28
-9.4%
|
31
-37.8%
|
50
-4.6%
|
53
-12.5%
|
60
+3.9%
|
58
|
—
|
—
|
| Selling, general and administrative |
4
+28.9%
|
3
-34.6%
|
4
|
—
|
—
|
5
+36.0%
|
4
+45.1%
|
3
+14.2%
|
2
+8.3%
|
2
+4.7%
|
2
+0.2%
|
| Operating income |
16
+4.5%
|
15
+0.8%
|
15
|
—
|
—
|
14
+259.1%
|
4
-80.0%
|
19
-2.4%
|
19
+61.0%
|
12
-17.8%
|
15
+5.9%
|
| Pretax income |
16
+4.5%
|
15
+0.8%
|
15
|
—
|
—
|
—
|
—
|
34
+4.0%
|
33
|
—
|
—
|
| Net income |
23
+566.5%
|
4
-77.9%
|
16
+1985.8%
|
1
-98.3%
|
46
+4861.4%
|
1
-95.5%
|
21
+1050.1%
|
2
+20.5%
|
1
-88.7%
|
13
+336.5%
|
3
+14.2%
|
| Basic EPS |
3,055.49
+565.6%
|
0.47
-77.9%
|
2.13
+2030.0%
|
0.10
-98.5%
|
6.52
|
—
|
—
|
—
|
—
|
—
|
—
|
| Diluted EPS |
3,055.49
+565.8%
|
0.47
-77.9%
|
2.13
+2030.0%
|
0.10
-98.4%
|
6.45
|
—
|
—
|
—
|
—
|
—
|
—
|
| Weighted average shares, basic |
0
+0.1%
|
0
+0.2%
|
0
+0.2%
|
0
+5.5%
|
0
+0.5%
|
0
+0.4%
|
0
|
—
|
7
+0.7%
|
7
+0.7%
|
7
|
| Weighted average shares, diluted |
0
+0.1%
|
0
+0.1%
|
0
+0.2%
|
0
+4.4%
|
0
+1.6%
|
0
+0.4%
|
0
|
—
|
7
+0.7%
|
7
+0.7%
|
7
|
| Other measures | |||||||||||
| Depreciation and amortization |
3
-1.1%
|
3
-0.5%
|
3
+1.3%
|
3
-26.3%
|
4
-57.0%
|
9
-10.1%
|
10
-8.8%
|
11
-1.5%
|
12
+7.9%
|
11
+35.9%
|
8
+14.1%
|
| EBITDA |
19
+3.6%
|
18
+0.6%
|
18
|
—
|
—
|
23
+61.7%
|
14
-53.3%
|
30
-2.1%
|
31
+36.0%
|
23
+1.0%
|
22
+8.6%
|
| Interest coverage |
2.12x
|
2.08x
|
2.06x
|
—
|
—
|
1.10x
|
0.27x
|
1.04x
|
1.03x
|
0.76x
|
1.22x
|
| Margins | |||||||||||
| Operating margin |
51.75%
|
51.73%
|
52.48%
|
—
|
—
|
26.85%
|
7.13%
|
31.23%
|
33.27%
|
—
|
—
|
| Pretax margin |
51.75%
|
51.73%
|
52.48%
|
—
|
—
|
—
|
—
|
56.08%
|
56.05%
|
—
|
—
|
| Profit margin |
75.58%
|
11.97%
|
55.28%
|
2.68%
|
147.08%
|
1.84%
|
38.98%
|
2.96%
|
2.56%
|
—
|
—
|
| EBITDA margin |
61.33%
|
61.85%
|
62.88%
|
—
|
—
|
45.34%
|
26.74%
|
50.05%
|
53.12%
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- FREVS (OTC)
- Fiscal year ends
- October 31
- Incorporated in
- NJ
- Headquarters
- Hackensack, NJ
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 36840
- Former names
- FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY (until Apr 3, 2025)
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Source: SEC EDGAR filings. This is company-reported data, not investment advice.