Belpointe PREP, LLC specializes in the entire lifecycle of commercial real estate properties across the United States, from their initial identification and ...
Belpointe PREP, LLC, commonly referred to as Belpointe OZ, is a Delaware limited liability company founded in 2020 and headquartered in Greenwich, Connecticut. As a publicly traded Qualified Opportunity Fund, its primary mission is to identify, acquire, develop, redevelop, and manage commercial and mixed-use real estate properties located within designated ...Belpointe PREP, LLC, commonly referred to as Belpointe OZ, is a Delaware limited liability company founded in 2020 and headquartered in Greenwich, Connecticut. As a publicly traded Qualified Opportunity Fund, its primary mission is to identify, acquire, develop, redevelop, and manage commercial and mixed-use real estate properties located within designated Qualified Opportunity Zones across the United States. The company leverages its expertise to invest in a diversified portfolio of real estate-related assets, including property-backed loans, debt and equity instruments from other real estate enterprises, private equity investments, and the acquisition of opportunity funds and businesses within these zones. Since its inception, Belpointe OZ has raised over $345 million in equity capital, demonstrating significant investor confidence. The company is led by founder, chairman, and CEO Brandon Lacoff, who also previously led Belpointe REIT, Inc. As an actively trading entity on the NYSE American, Belpointe OZ provides investors with a unique vehicle to participate in opportunity zone investments, offering potential tax advantages and long-term value creation. The company's operational focus spans the entire lifecycle of properties, from initial sourcing to ongoing management, ensuring comprehensive oversight. With its strategic emphasis on opportunity zones, Belpointe OZ aims to drive economic growth in underserved communities while delivering returns to its stakeholders. Despite its relatively recent founding, the company has established a strong market presence, backed by a team of professionals and a clear investment thesis. Financially, the company's performance metrics, such as its price-to-book ratio of 0.72, indicate a potentially undervalued asset relative to its book value, reflecting market dynamics and the nature of its investment portfolio. Overall, Belpointe PREP, LLC stands as a pioneer in the opportunity zone investment space, combining real estate expertise with innovative fund structuring.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$9.2M
+243.4%
+26.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-40.0M
-67.9%
+13.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
-252.5%
-62.2%
+104.7%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-225.1%
+55.4%
+88.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-435.9%
+51.1%
+31.6%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-25.2M
-84.1%
+36.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-274.4%
+46.4%
+49.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
3.7%
-93.9%
+5.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.97x
+180.5%
-24.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
