InPoint Commercial Real Estate Income, Inc. (ICR-PA)
Inpoint Commercial Real Estate Income, Inc. operates as a Real Estate Investment Trust (REIT), primarily focusing on generating, acquiring, and overseeing a diverse portfolio of commercial property investments situated across the United States. Its investment strategy includes a range of commercial real estate debt instruments, such as variable-rate first mortgage loans, junior mortgage and mezzanine financing, and fractional interests in these loan types. Additionally, the company invests in floating-rate commercial real estate securities, including mortgage-backed securities and senior unsecured debt issued by publicly traded REITs. Having opted for taxation as a REIT, the corporation is exempt from corporate income tax on the portion of its net earnings that it distributes to its shareholders. Established in 2016, Inpoint Commercial Real Estate Income, Inc. is headquartered in Oak Brook, Illinois, and functions as a subsidiary of Inland InPoint Advisor, LLC.
Sector: Real Estate Investment Trusts
Industry: REIT - Mortgage
Inpoint Commercial Real Estate Income, Inc.
NYSE:ICR-PAReal Estate · REIT - Mortgage
Mkt Cap-
Float8.46M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$34.23M
Net Income-$2.36M
Total Assets$792.86M
Free Cash Flow$15.67M
Debt & Equity
Debt 57%
Equity 43%
Preferred 0%
Total Debt$441.78M
Total Equity$338.94M
Preferred Stock$6K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ICR-PA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$792.86M
Liabilities$453.91M
Accounts Receivable$1.83M
Accounts Payable$3.96M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$6.15M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2025-12-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $34.23M | $53.88M | $33.34M | $29.27M | $404K | $430K | $363K | $268K | $64K | $4K | $91K |
| YoY Growth | -36.5% | 61.6% | 13.9% | 7137.9% | -5.9% | 18.4% | 35.7% | 320.6% | 1620.0% | -96.0% | - |
| Cost of Revenue | $8.46M | $36.13M | $2.89M | $17.17M | $3.1M | $3.18M | $2.36M | $1.54M | $567K | $84K | $0 |
| Gross Profit | $25.78M | $17.75M | $30.45M | $12.1M | -$2.69M | -$2.75M | -$1.99M | -$1.27M | -$503K | -$81K | $91K |
| Gross Margin | 75.3% | 32.9% | 91.3% | 41.3% | -666.0% | -639.3% | -548.8% | -475.1% | -790.8% | -2183.4% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $14K | $286K | $358K | $105K | $567K | $84K | $0 |
| Selling, General, and Administrative | $6.35M | $114K | $78K | $2.43M | $6.88M | $5.94M | $3.9M | $2.16M | $199K | $130K | $166K |
| Other | $0 | $20M | $6.72M | $3.07M | -$14K | -$4.23M | $5.67M | -$939K | -$567K | -$84K | $0 |
| Total Operating Expenses | $6.35M | $20.11M | $6.8M | $5.5M | $6.88M | $2M | $9.93M | $1.33M | $199K | $130K | $166K |
| Operating Income (EBIT) | $19.42M | -$2.36M | $23.64M | $6.6M | -$4.05M | -$4.75M | -$22.33M | -$2.6M | -$702K | -$210K | -$75K |
| Operating Margin | 56.7% | -4.4% | 70.9% | 22.6% | -1002.6% | -1104.3% | -6150.2% | -972.4% | -1104.4% | -5689.0% | -81.8% |
| Interest Expense | $38.79M | $37.87M | $37.97M | $91K | $25K | $430 | $8K | $17K | $1K | $16 | $0 |
| Interest Income | $58.29M | $56.92M | $58.1M | $9K | $8K | $578 | $142 | $117 | $86 | $207 | $0 |
| Other Income (Expense) | -$21.78M | $0 | -$3.17M | -$13.08M | -$36K | $811K | -$15.18M | $47K | $203K | $190 | -$54K |
| Income Before Tax (EBT) | -$2.36M | -$2.36M | $20.47M | -$6.48M | -$4.09M | -$3.93M | -$37.51M | -$2.55M | -$500K | -$210K | -$129K |
| Income Tax Expense | $0 | $0 | $0 | -$926K | -$1.09M | $0 | $0 | $0 | -$2K | $74K | $0 |
| Net Income | -$2.36M | -$2.36M | $12.67M | -$2.26M | -$3M | -$3.93M | -$4.36M | -$2.55M | -$500K | -$210K | -$129K |
| Net Income Margin | -6.9% | -4.4% | 38.0% | -7.7% | -741.5% | -915.0% | -1200.9% | -954.7% | -785.4% | -5683.9% | -140.9% |
| Supplementary Data | |||||||||||
| EPS | -1.12 | 0.00 | 1.07 | -0.01 | -0.02 | -0.03 | -0.05 | -0.05 | -0.03 | -0.02 | -0.90 |
| Diluted EPS | -1.12 | 0.00 | 1.07 | -0.01 | -0.02 | -0.03 | -0.05 | -0.05 | -0.03 | -0.02 | -0.91 |
| Weighted Average OS | 2.10M | 0 | 228.16M | 225.25M | 166.45M | 115.20M | 85.48M | 48.85M | 14.66M | 12.46M | 140,910 |
| EBITDA | $5.76M | $5.62M | $52.9M | -$2.32M | $11.82M | -$3.78M | -$4.24M | -$2.49M | $9.37M | $180K | $0 |
| EBITDA Margin | 16.8% | 10.4% | 158.7% | -7.9% | 2923.6% | -878.2% | -1168.0% | -930.5% | 14736.4% | 4873.9% | - |
Balance Sheet
| Period | FY 2025 | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2025-12-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $114.69M | $114.69M | $104.29M | $834K | $1.94M | $2.27M | $2.67M | $4.2M | $47K | $90K | $709K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $114.69M | $114.69M | $98.8M | $834K | $1.94M | $2.27M | $2.67M | $4.2M | $47K | $90K | $709K |
| Accounts Receivable | $1.83M | $1.83M | $4.2M | $206K | $57K | $155K | $170K | $264K | $144K | $20K | $0 |
| Inventory | $0 | $0 | $0 | $294K | $298K | $249K | $269K | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $5.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19K |
| Total Current Assets | $116.52M | $116.52M | $108.7M | $1.44M | $2.41M | $2.75M | $3.19M | $4.5M | $191K | $110K | $728K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $24K | $17K | $83K | $195K | $232K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $6.15M | $6.15M | $4.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $521.18M | $521.18M | $951.15M | $1.06B | $54K | $0 | $0 | $0 | $0 | $0 | $7.53M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $149.01M | $149.01M | -$886.13M | -$1.06M | $0 | $49K | $48K | $48K | $0 | $0 | $1.34M |
| Total Long-Term Assets | $676.34M | $676.34M | $69.56M | $79K | $71K | $132K | $244K | $280K | $0 | $0 | $8.87M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $792.86M | $792.86M | $1.07B | $1.52M | $2.48M | $2.88M | $3.43M | $4.78M | $191K | $110K | $9.6M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $3.96M | $3.96M | $3.6M | $132K | $4K | $290K | $281K | $94K | $161K | $12K | $0 |
| Short-Term Debt | $334.67M | $334.67M | $891.97M | $612K | $727K | $0 | $0 | $0 | $65K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $627K | $434K | $612K | $315K | $393K | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | -$308.12M | $186K | $0 | $324K | $76K | $76K | $0 | $0 | $46K |
| Total Current Liabilities | $342.04M | $342.04M | $594.77M | $1.69M | $1.53M | $1.34M | $828K | $674K | $226K | $12K | $101K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $106.22M | $106.22M | $120M | $83.96M | $0 | $0 | $0 | $0 | $48K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.77M | $4.77M | $237K | $424K | $0 | $0 | $0 | $0 | $0 | $0 | $1.35M |
| Total Long-Term Liabilities | $111.88M | $111.88M | $78.56M | $84.39M | $0 | $0 | $15K | $80K | $48K | $0 | $1.35M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $453.91M | $453.91M | $673.32M | $1.69M | $1.53M | $1.34M | $843K | $754K | $274K | $12K | $1.45M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $6K | $6K | $6K | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $15K | $15K | $15K | $14.63M | $13.67M | $11.73M | $9.24M | $6.77M | $628K | $308K | $330 |
| Retained Earnings | -$172.46M | -$172.46M | -$145.35M | -$16.82M | -$14.56M | -$11.56M | -$7.62M | -$3.26M | -$710K | -$210K | -$89K |
| Comprehensive Income & Other | $0 | $0 | $0 | $2.02M | $1.84M | $1.37M | $974K | $518K | $0 | $0 | $0 |
| Other Stockholders' Equity | $511.39M | $511.39M | $519.7M | $2.02M | $1.84M | $1.37M | $974K | $518K | $0 | $0 | $8.23M |
| Total Equity | $338.94M | $338.94M | $374.36M | -$168K | $949K | $1.54M | $2.59M | $4.02M | -$82K | $97K | $8.15M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $792.86M | $792.86M | $1.05B | $1.52M | $2.48M | $2.88M | $3.43M | $4.78M | $191K | $110K | $9.6M |
| Supplementary Data | |||||||||||
| Total Debt | $441.78M | $441.78M | $661.15M | $769.05M | $727K | $18K | $85K | $145K | $113K | $0 | $0 |
| Net Debt | $327.09M | $327.09M | $556.85M | -$289K | -$1.21M | -$2.25M | -$2.59M | -$4.05M | $66K | -$90K | -$709K |
Cash Flow Statement
| Period | FY 2025 | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2025-12-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$2.36M | -$2.41M | $19.39M | -$2.26M | -$3M | -$3.93M | -$4.36M | -$2.55M | $2.94M | -$210K | -$129K |
| Depreciation & Amortization | $7.98M | $8.17M | $2.27M | $774K | $1.64M | $157K | $111K | $64K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$829K | $189K | -$771K | -$372K | $0 | $0 | $0 |
| Stock-Based Compensation | $45K | $46K | $46K | $0 | $334K | $85K | $522K | $551K | $12K | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $1.33M | $1.37M | $830K | -$162K | $48K | $14K | $55K | -$106K | -$125K | -$20K | -$19K |
| Inventory | $0 | $0 | $0 | $4K | -$49K | $19K | -$269K | $0 | $0 | $0 | $0 |
| Accounts Payable | $515K | $528K | $1.13M | $147K | -$333K | $555K | $187K | $412K | $148K | $12K | $0 |
| Other Working Capital | -$1.32M | -$1.35M | $324K | $162K | -$181K | $8K | -$38K | $46K | $0 | $0 | $66K |
| Total Working Capital Change | $530K | $543K | $2.28M | $313K | -$515K | $596K | -$65K | $352K | $24K | -$8K | $47K |
| Other Non-Cash Items | $10.87M | $11.13M | $3.53M | -$484K | -$730K | -$197K | $777K | $389K | -$3.2M | $0 | $96K |
| Net Cash from Operating | $17.06M | $17.47M | $27.51M | -$1.66M | -$3.1M | -$3.1M | -$3.79M | -$1.57M | -$226K | -$218K | $14K |
| Investing Activities | |||||||||||
| Capital Expenditures | -$1.39M | -$1.43M | $0 | -$496K | -$14K | -$33K | -$75K | -$109K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$99.03M | -$40.39M | -$7.55M |
| Sales of Investments | $0 | $0 | $0 | $17.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $205.66M | $210.63M | $195.29M | $124.62M | $0 | $0 | $0 | $0 | $99.03M | $40.39M | $0 |
| Net Cash from Investing | $204.26M | $209.2M | $195.29M | $141.63M | -$14K | -$33K | -$75K | -$109K | $0 | $0 | -$7.55M |
| Financing Activities | |||||||||||
| Debt Repaid | -$34.36M | -$35.19M | $13.59M | $380K | -$727K | -$170.83M | - | $113K | -$113K | - | - |
| Common Stock Issuance | $0 | $0 | -$185K | $342K | $2.21M | $199K | $2.57M | $6.7M | $70K | $52.52M | $8.25M |
| Common Stock Repurchases | $0 | $0 | $0 | -$83K | -$142K | -$14.34M | -$169K | -$715K | $0 | $0 | $0 |
| Dividends Paid | -$18.89M | -$19.34M | -$19.29M | -$27.13M | $0 | -$19.33M | -$12M | -$23.28M | -$8.98M | -$1.59M | $0 |
| Other Financing Activities | -$206.03M | -$211.01M | -$150.12M | $27.07M | -$21K | -$151.57M | $210.88M | $23.24M | $8.98M | -$72.92M | $0 |
| Net Cash from Financing | -$199.52M | -$204.34M | -$206.88M | $556K | $2.78M | $2.73M | $2.34M | $5.83M | $183K | $308K | $8.25M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $21.81M | $22.33M | $15.93M | -$1.1M | -$336K | -$403K | -$1.52M | $4.15M | -$43K | $90K | $710K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $17.06M | $17.47M | $27.51M | -$1.66M | -$3.1M | -$3.1M | -$3.79M | -$1.57M | -$226K | -$218K | $14K |
| Capital Expenditure | -$1.39M | -$1.43M | $0 | -$496K | -$14K | -$33K | -$75K | -$109K | $0 | $0 | -$6 |
| Free Cash Flow | $15.67M | $16.04M | $27.51M | -$1.66M | -$3.11M | -$3.14M | -$3.86M | -$1.68M | -$226K | -$218K | $14K |
| Cash at Beginning | $96.7M | $99.04M | $82.87M | $1.94M | $2.27M | $2.67M | $4.2M | $47K | $90K | $0 | $0 |
| Cash at End | $118.51M | $121.37M | $98.8M | $834K | $1.94M | $2.27M | $2.67M | $4.2M | $47K | $90K | $710K |